10411 Spotsylvania Ave - Lee's Hill Commercial Center 3 Acres of Commercial Land Offered at $3,127,343 CAD in Fredericksburg, VA 22408
INVESTMENT HIGHLIGHTS
- Hotel use by right
- Less than 1/3 of a mile from I-95 exit 126
- The only commercially zoned flat parcel of its size in Fredericksburg
- Zoned MU-4
- Surrounding infra structure in place
- Off-site SWM in place
EXECUTIVE SUMMARY
The property is located at a fully signalized intersection on Spotsylvania Avenue less than 0.19 miles from Route 1 and .37 miles from I-95 exit 126. Located within the Lees Hill Business Center area the property benefits from great nearby tenants including 6 hotels, multiple restaurants, a Weis anchored shopping center, Mary Washington Emergency Center and 2 Large office building totaling over 300,000 sq. ft. of class A office space.
Spotsylvania County to spend nearly $200 million on road projects that are tied to the new VA Clinic
VDOT to invest 1 billion in infrastructure improvements over the next 5 years on I-95 between exit 140 Courthouse Road and
exit 126 at Rt. 1.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $3,127,343 CAD |
| Price Per AC | $1,042,447.51 CAD |
| Lot Size | 3.00 AC |
3.0 acre parcel perfect for a hotel. Located Lee's Hill Business Center, at the Northeast corner of Spotsylvania Avenue and Market Street. 1/3 mile from I-95 exit 126. Off-site SWM in place. Electric, water, and sewer are to the property line
DESCRIPTION
3.0-acre parcel perfect for a hotel. Located Lee's Hill Business Center, at the Northeast corner of Spotsylvania Avenue and Market Street in Spotsylvania County Virginia. The property is located at a fully signalized intersection on Spotsylvania Avenue less than 0.19 miles from Route 1 and .37 miles from I-95 exit 126. Located within the Lees Hill Business Center area the property benefits from great nearby tenants including 6 hotels, multiple restaurants, a Weis anchored shopping center, Mary Washington Emergency Center and 2 Large office buildings totaling over 300,000 sq. ft. of class A office space. VDOT to invest 1 billion in infrastructure improvements over the next 5 years on I-95 between exit 140 Courthouse Road and exit 126 at Rt. 1.
ZONING
| Zoning Code | MU-4 |
