11920 Kennedy LnFredericksburg, VA 22407

  • Land
  • 1.45 AC
For Sale
$825,000 View listing

Property Details for 11920 Kennedy Ln

Lot size
1.45 AC
Zone code
C2 - COMMERCIAL 2
Property type
Land
Property subtype
Commercial land
APN
23-13-C5
APU
2313C5

Description

This exceptional 1.45-acre commercial land parcel, located at 11920 Kennedy Ln, Fredericksburg, VA 22407, presents a unique investment opportunity. Situated in Spotsylvania County, this finished pad site boasts convenient access to major transportation arteries. Its C-2 zoning allows for a variety of commercial uses, making it ideal for businesses seeking high visibility and easy access. The property is strategically positioned just off Plank Road (Route 3), providing effortless connectivity to Interstate 95 via Exit 130B, ensuring seamless logistics for any enterprise. Furthermore, its proximity to a well-established business park offers significant advantages in terms of synergy and potential customer base. The lot size offers flexibility

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,405,263
    Hospitality
    $14,111,138
    Educational
    $11,740,301
    Medical
    $12,144,068
    Retail
    $18,262,690
11920 Kennedy Ln, Fredericksburg, Virginia

Location Insight

City
Fredericksburg
County
Spotsylvania
State
Virginia
Latitude
38.2859
Longitude
-77.5375
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
$5,667
$734,300
-
$734,300
-
$734,300
-
$734,300

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