1896 Warrenton RdFredericksburg, VA 22406
- Mixed-use properties
- 1,120 SF
Property Details for 1896 Warrenton Rd
- Lot size
- 18.76 AC
- Property size (Sq ft)
- 1,120 SF
- Zone code
- B1
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 35-60
- APU
- 3560
Description
This exceptional 18.76-acre property in Stafford County, Virginia, presents a unique investment opportunity. Situated at 1896 Warrenton Road (Route 17) and Harwood Church Road, the land comprises two distinct parcels. The first parcel, encompassing 6.00 acres, is zoned B-1, allowing for a variety of commercial uses. Suitable options include retail establishments, personal service businesses, a plant or tree nursery, a church, school, office space, convenience store, or a medical clinic. The second parcel, totaling 12.76 acres, is zoned M-1, catering to light industrial needs. Potential uses include light manufacturing, fabrication, warehousing, or wholesale distribution. Examples of suitable businesses include auto or truck repair shops, building material sales and service yards, and contractor equipment storage yards. The property's strategic location offers excellent visibility and accessibility, making it an attractive proposition for a wide range of businesses. The asking price for this expansive land holding is $2,800,000. The property's address is 1896 Warrenton Rd, Fredericksburg, VA 22406.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $252,987
- 6.5%
- $233,526
- 7%
- $216,846
-
Comparable approach
- Method
- Valuation
- Relative Method
- $169,545
- Geo Method
- $169,545
-
Alternative Use
- Use
- Valuation
- Residential
- $289,573
- Hospitality
- $265,247
- Educational
- $220,682
- Medical
- $228,272
- Retail
- $343,284
Location Insight
- City
- Fredericksburg
- County
- Stafford
- State
- Virginia
- Latitude
- 38.4012
- Longitude
- -77.5597
- 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
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