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3430 Fall Hill Ave Fredericksburg, VA 22401

34 Acres, Prime Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 34.2-acre commercial vacant land parcel in Fredericksburg, Virginia, presents a remarkable development opportunity. Currently zoned R2, it offers significant potential for up-zoning to accommodate mixed-use projects, including multi-family residential and various commercial uses. The property boasts unparalleled visibility and accessibility, with frontage on Fall Hill Avenue, Cowan Boulevard, and I-95, ensuring convenient access for future tenants and residents. Its strategic location directly adjacent to Central Park, one of the largest power centers on the East Coast, provides immediate proximity to significant retail and entertainment options. Across Fall Hill Avenue lies Celebrate Virginia South, home to Wegmans, an expo center, and the new Washington Nationals minor league baseball stadium. Furthermore, the property is less than one mile from the planned site of a major Veterans Affairs outpatient clinic and within two miles of the region's largest hospital. With substantial residential development underway within a one-mile radius (1,929 units), this site is poised to benefit from a rapidly growing population. The property is not subject to the restrictions found in Central Park and Celebrate Virginia, offering developers maximum flexibility. Lighted access from Fall Hill Avenue further enhances its appeal. This is one of the largest undeveloped parcels in Fredericksburg, making it an exceptional investment for discerning developers seeking a high-impact project in a thriving market. The property's zip code is 22401.

Highlights

  • 34.2-acre commercial vacant land zoned R2, offering significant development potential.
  • Prime location adjacent to Central Park, a major power center.
  • Across Fall Hill Ave from Celebrate Virginia, including a new minor league baseball stadium, expo center, and Wegmans.
  • Less than one mile from a planned large VA outpatient clinic.
  • Within two miles of the region's largest hospital.
  • Surrounded by significant residential development (1,929 units within a one-mile radius).

Property Details for 3430 Fall Hill Ave

Property type
Land
Lot Size (sq. ft)
1,489,796 SF

Location Insight

City
Fredericksburg
County
Fredericksburg City
State
Virginia
Latitude
38.3084342
Longitude
-77.507229

FAQs

What type of property is this?
Land - 34 Acres, Prime Development Opportunity
Where is the land located?
The property is located at 3430 Fall Hill Ave Fredericksburg, VA.
What are key features of this property?
This property features: 34.2-acre commercial vacant land zoned R2, offering significant development potential.; Prime location adjacent to Central Park, a major power center.; Across Fall Hill Ave from Celebrate Virginia, including a new minor league baseball stadium, expo center, and Wegmans.
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3430 Fall Hill Ave
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