2045 Warrenton Rd Fredericksburg, VA 22406-4828
- Retail space
- 1,200 SF
- 1.09 lot acres
Current Use by Public Records
- Leenle / Store
Property Details for 2045 Warrenton Rd
- Year built
- 1972
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.09 lot acres
- Property size
- 1,200 SF
- Zone code
- A2- RURAL RES
- Property type
- Retail space
- APN
- 35-9A
- APU
- 359A
Description
This 1,200 square foot property at 2045 Warrenton Road, Fredericksburg, VA, presents a unique investment opportunity. Situated on a 1.09-acre lot, it boasts over 2000 feet of frontage on a major four-lane highway connecting Route 17 to I-95, ensuring high visibility and accessibility. The property's history includes operation as a successful deli, grocery, and gas station, though the grandfather permit has expired. Currently zoned A-2 Agriculture/Residential, the permitted uses include a wide range of options, from residential dwellings (single-family and accessory) to agricultural pursuits, equestrian uses, and various small businesses. Conditional use permits and special exceptions allow for a broader scope of potential developments, including recreational enterprises, lodges, and certain commercial uses. Prospective buyers should contact Stafford County to explore zoning changes and development possibilities, given the property's location on a major highway. The county previously indicated the potential for constructing an additional dwelling unit on the property (refer to aerial views for details). The asking price reflects the current zoning limitations. The property is sold "AS IS," and buyers are encouraged to conduct thorough due diligence regarding any applicable restrictions or regulations.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $220,000
- 6.5%
- $215,000
- 7%
- $205,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $230,000
- Geo Method
- $210,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $195,000
- Retail
- $215,000
- Mixed-Use
- $245,000
- Hospitality
- $225,000
- Educational
- $215,000
- Residential Income
- $235,000
- Energy
- $215,000
- Income-Based Land
- $200,000
- Food Service
- $205,000
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Stafford
- State
- Virginia
- Longitude
- -77.573
- Latitude
- 38.402
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
