1154 Carl D Silver PkwyFredericksburg, VA 22401

Property Details for 1154 Carl D Silver Pkwy

Lot size

0.45 AC

Zone code

PDC

Property type

Commercial land

APN

7769-53-9111

APU

7769539111

Description

This exceptional commercial development opportunity is located within Fredericksburg's premier Central Park Shopping Center, boasting a 0.45-acre lot and a total of 6,807 square feet of approved space for a three-story building. The site plan includes 2,169 square feet of ground-floor retail space, complemented by two upper floors, each offering 2,319 square feet of office space. This versatile layout caters to a diverse range of business needs, combining retail and office functionalities. The property enjoys a highly visible location near high-traffic retailers, including prominent anchors like Wawa and Target. Adding to its appeal, the site backs onto a scenic lake, offering a tranquil and distinguished setting. Central Park Shopping Center attracts millions of visitors annually, creating a vibrant and dynamic retail environment. Its strategic location near I-95 ensures excellent accessibility and visibility, drawing customers from Northern Virginia, Richmond, and beyond. The established tenant mix within the shopping center provides a strong foundation for success, catering to a broad demographic. This presents a unique chance for developers and investors to establish a presence in a thriving retail hub. The combination of high traffic, prime location, and versatile space makes this a truly exceptional investment opportunity.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $8,410,660

  Retail / Commercial

  $4,318,960

  Mixed-Use / Specialty

  $4,308,290

  Hospitality / Lodging

  $3,167,020

  Office

  $4,287,630

  Institutional / Educational

  $4,480,580

  Residential Income

  $5,242,280

  Multifamily

  $6,261,060

  Automotive / Energy

  $3,840,500

  Parking / Income-Based Land

  $1,320,630

  Restaurant / Food Service

  $2,250,880

  Healthcare / Senior Housing

  $4,413,220

Location Insight

City

Fredericksburg

County

Fredericksburg City

State

Virginia

Latitude

38.2981

Longitude

-77.5139

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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