10704 Courthouse RdFredericksburg, VA 22407

  • Other commercial real estate
  • 5,184 SF
For Lease

Property Details for 10704 Courthouse Rd

Construction
CONCRETE BLOCKS
Lot size
1.93 AC
Property size (Sq ft)
5,184 SF
Zone code
C2
Property type
Other commercial real estate
APN
35-25-2
APU
35252

Description

This exceptional 3.94-acre vacant land parcel presents a unique investment opportunity in the desirable Fredericksburg City, Virginia. Situated at 10704 Courthouse Road, this property offers significant potential for various development projects. The expansive lot size provides ample space for a multitude of uses, catering to diverse business needs. Currently zoned for multiple tenancy, this land allows for flexibility in development plans, accommodating a range of commercial ventures. The strategic location within Fredericksburg City ensures convenient access to major transportation routes, enhancing its appeal to potential investors and businesses. The property's vacant status allows for complete design freedom, enabling the creation of a bespoke development tailored to specific requirements. This prime location offers excellent visibility and accessibility, making it an ideal site for a variety of commercial endeavors. The absence of existing structures eliminates the need for costly demolition or renovation, streamlining the development process and minimizing upfront expenses. This presents a rare chance to acquire a substantial land parcel in a thriving area, ready for immediate development. The property's potential for high returns makes it an attractive proposition for investors seeking a strong foothold in the Fredericksburg City commercial real estate market. Detailed zoning information and development guidelines are readily available upon request. Don't miss this exceptional opportunity to secure this valuable asset.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,251,752
    Hospitality
    $1,146,598
    Educational
    $953,956
    Medical
    $986,764
    Retail
    $1,483,932
10704 Courthouse Rd, Fredericksburg, Virginia

Location Insight

City
Fredericksburg
County
Spotsylvania
State
Virginia
Latitude
38.2484
Longitude
-77.5136
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
$12,231
$652,100
$932,800
$1,584,900
-
$652,100
$932,800
$1,584,900

FAQs

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