For Sale
$6,600,000

204 Hopkins Rd Fredericksburg, VA 22405

132-unit age-restricted community on 8.23 acres

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 8.23-acre development opportunity in Stafford County, Virginia, presents a prime investment prospect. The property is zoned R-5, allowing for high-density age-restricted development, and already boasts entitlements for 132 residential units, perfect for a vibrant senior living community. Located at 204 Hopkins Rd, Fredericksburg, VA 22405, this land offers convenient access to downtown Fredericksburg, with a scenic walking path across the Chatham bridge providing a direct route (approximately 0.5 miles). The asking price for this exceptional opportunity is $6,600,000. The property's strategic location and existing entitlements minimize development hurdles, presenting a streamlined path to realizing a profitable senior living community. The age 55+ restriction ensures a targeted market, while the high-density zoning maximizes the potential return on investment. This is a rare chance to acquire a fully entitled development site in a desirable location, ready for immediate construction. Don't miss this chance to capitalize on the growing demand for senior living accommodations in the Fredericksburg area.

Highlights

  • 8.23 acres of entitled land, approved for 132 residential units.
  • Age-restricted development (55+).
  • Excellent proximity to Downtown Fredericksburg.
  • 0.5-mile walk to Downtown Fredericksburg via Chatham Bridge.
  • R-5 High-density zoning for age-restricted development.

Property Details for 204 Hopkins Rd

Property type
Retirement homes, Land
Lot Size (sq. ft)
358,499 SF
Units
132

Location Insight

City
Fredericksburg
County
Stafford
State
Virginia
Latitude
38.304041512835
Longitude
-77.450229943881

FAQs

What type of property is this?
Retirement home - 132-unit age-restricted community on 8.23 acres
Where is the retirement home located?
The property is located at 204 Hopkins Rd Fredericksburg, VA.
What is the asking price?
The asking price for this property is $6,600,000.
What are key features of this property?
This property features: 8.23 acres of entitled land, approved for 132 residential units.; Age-restricted development (55+).; Excellent proximity to Downtown Fredericksburg.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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204 Hopkins Rd
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