1896 Warrenton RdFredericksburg, VA 22406

  • Mixed-use properties
  • 1,120 SF
For Sale
$2,800,000 View listing

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
1896 Warrenton Rd, Fredericksburg, Virginia

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

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
$2,659
$281,300
$100
$281,400
-
$281,300
$100
$281,400

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