For Sale
$1,950,000

6425 Harrison Rd Fredericksburg, VA 22407

80-unit 55+ apartment project, ready to build.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional opportunity presents a fully approved 80-unit, two-story, age-restricted (55+) multi-family apartment building project in Fredericksburg, Virginia. Located on a 5.43-acre lot at 6425 Harrison Rd (zip code 22407), this development boasts a total building area of 81,932 square feet. The property has received all necessary approvals, including the Generalized Development Plan (GDP) and PDH-16 zoning, which are recorded in the land records. Sewer easements are secured and recorded. Utilities are readily available on-site. The next steps involve finalizing the builder's site plan and applying for the building permit. This prime location offers unparalleled convenience, bordering the Central Virginia Trail system and enjoying easy access to major roadways (Route 3 and Route 1, both with I-95 access). Nearby amenities include fire and rescue services, police stations, the historical district, public transportation (bus and rail), parks, recreation facilities, shopping, and dining. All approval documents are available upon request. This represents a rare chance to acquire a shovel-ready development in a thriving, rapidly growing area within the Greater Washington D.C. Metro area. The asking price is $1,950,000, representing a price per unit of $24,375. The APN is 22-6-A.

Highlights

  • Fully approved 80-unit, 55+ age-restricted multifamily apartment building project in Fredericksburg, VA.
  • 5.43-acre lot at 6425 Harrison Rd, Fredericksburg, VA 22407; 81,932 sq ft building area.
  • All necessary approvals obtained, including GDP and PDH-16 zoning; sewer easements secured.
  • Convenient location bordering Central Virginia Trail, easy access to Route 3, Route 1, and I-95; nearby amenities include shopping, dining, and public transportation.
  • Shovel-ready development; asking price $1,950,000 ($24,375 per unit); APN 22-6-A.

Property Details for 6425 Harrison Rd

Property type
Land
Buildings
1
Stories
2
Lot Size (sq. ft)
236,531 SF
Units
80

Location Insight

City
Fredericksburg
County
Spotsylvania
State
Virginia
Latitude
38.279871008021
Longitude
-77.553032125998
6425 Harrison Rd, Fredericksburg, Virginia

FAQs

What type of property is this?
Land - 80-unit 55+ apartment project, ready to build.
Where is the land located?
The property is located at 6425 Harrison Rd Fredericksburg, VA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Fully approved 80-unit, 55+ age-restricted multifamily apartment building project in Fredericksburg, VA.; 5.43-acre lot at 6425 Harrison Rd, Fredericksburg, VA 22407; 81,932 sq ft building area.; All necessary approvals obtained, including GDP and PDH-16 zoning; sewer easements secured.
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6425 Harrison Rd
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