903 Bragg RdFredericksburg, VA 22407

  • Land
  • 3.10 AC
For Sale
$995,000 View listing

Property Details for 903 Bragg Rd

Lot size
3.10 AC
Zone code
R1 - RESIDENTIAL 1
Property type
Land
Property subtype
Commercial land
APN
23-A-98A
APU
23A98A

Description

This exceptional 3-acre residential land parcel presents a unique investment opportunity in the thriving Fredericksburg, Virginia market. Strategically located adjacent to the Spotsylvania Towne Center, this property boasts unparalleled accessibility. Enjoy convenient access to Route 3 (Plank Road) and Interstate 95, ensuring seamless connectivity to major transportation arteries. The property features significant frontage: 788 feet along Route 710 and 180 feet along Bragg Road, maximizing development potential. Public water, sewer, and gas services are readily available, simplifying infrastructure needs. Currently zoned residential, the seller is open to considering offers contingent upon rezoning, opening doors to a variety of development possibilities. This prime location, combined with its substantial size and convenient access, makes this 3-acre parcel an ideal investment for discerning buyers seeking a high-growth area with excellent infrastructure and proximity to major retail and transportation hubs. The property is situated at 903 Bragg Rd, Fredericksburg, VA 22407, within Spotsylvania County. This is a rare opportunity to acquire a significant land holding in a rapidly developing area of Fredericksburg. The asking price is $995,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $32,606,406
    Hospitality
    $29,867,292
    Educational
    $24,849,236
    Medical
    $25,703,840
    Retail
    $38,654,368
903 Bragg Rd, Fredericksburg, Virginia

Location Insight

City
Fredericksburg
County
Spotsylvania
State
Virginia
Latitude
38.2901
Longitude
-77.5181
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,896
$245,700
-
$245,700
-
$245,700
-
$245,700

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