3550 Lee Hill DrFredericksburg, VA 22408

Property Details for 3550 Lee Hill Dr

Lot size

1.10 AC

Zone code

I2 - INDUSTRIAL 2

Property type

Land

Property subtype

Commercial land

APN

24-12-4A

APU

24124A

Description

This exceptional 110,000-square-foot warehouse located at 3550 Lee Hill Drive in Fredericksburg, Virginia (zip code 22408), presents a unique investment opportunity. The single-story building, constructed in 1975 and extensively renovated in 2023, boasts a 24-foot ceiling height and features one loading dock with one dock-high door. Currently, 10,683 square feet are available for lease. The property sits within a prominent industrial park at a signalized intersection, ensuring excellent accessibility. Recent improvements by a Class A General Contractor include new site pavement, updated ADA-compliant bathrooms in each condo unit, a fully installed sprinkler system, new HVAC systems, and new pedestrian entrances. Condo units will be delivered with a minimum of two dock doors, with the potential for more, offering customizable turnkey spaces to meet specific tenant needs. The property is zoned I-2. This is an ideal location for businesses seeking modern, efficient warehouse space in a highly accessible area of Fredericksburg.

• Alternative Use

  Use

  Valuation

  Residential

  $11,570,015

  Hospitality

  $10,598,071

  Educational

  $8,817,471

  Medical

  $9,120,717

  Retail

  $13,716,066

Location Insight

City

Fredericksburg

County

Spotsylvania

State

Virginia

Latitude

38.2706

Longitude

-77.4533

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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