5457 Plank RdFredericksburg, VA 22407
- Land
- 0.57 AC
Property Details for 5457 Plank Rd
- Lot size
- 0.57 AC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 22-A-171C
- APU
- 22A171C
Description
This exceptional 0.57-acre commercial land parcel presents a unique investment opportunity in the thriving Fredericksburg, Virginia market. Located at 5457 Plank Road, this property is zoned C-3, offering a wide range of development possibilities for astute investors. The single-tenant zoning allows for focused development, minimizing complexities and maximizing potential returns. Situated in the desirable Fredericksburg submarket of Spotsylvania County, this location benefits from excellent visibility and accessibility, making it an ideal site for a variety of commercial ventures. The 0.57-acre lot provides ample space for construction, ensuring flexibility in design and functionality. With its strategic location and favorable zoning, this property is poised for significant growth and presents a compelling investment prospect for those seeking a prime location in a dynamic market. The property's address is 5457 Plank Road, Fredericksburg, VA 22407. This is a ground lease opportunity, offering a unique pathway to ownership and development. The property's convenient location within the Fredericksburg submarket ensures easy access to major transportation routes and a robust consumer base. This presents a rare chance to acquire a highly desirable commercial land parcel in a rapidly expanding area. Don't miss this chance to secure a piece of Fredericksburg's vibrant commercial landscape.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $6,117,032
- Hospitality
- $5,603,168
- Educational
- $4,661,770
- Medical
- $4,822,095
- Retail
- $7,251,642
Location Insight
- City
- Fredericksburg
- County
- Spotsylvania
- State
- Virginia
- Latitude
- 38.2918
- Longitude
- -77.5605
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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