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8601 Patriot Hwy

5.33 Acres of Commercial Land Offered at $4,621,920 CAD in Fredericksburg, VA 22407

INVESTMENT HIGHLIGHTS

  • CAR LOT: Engineering and Soil Study ready to submit for by-right Auto Sales
  • Commercial Highway zoning allows for a wide range of uses
  • Excellent visibility and accessibility from Patriot Highway and Massaponax Church Rd.

EXECUTIVE SUMMARY

Seller financing with half down. Will consider development partnership.

PROPERTY FACTS

Price $4,621,920 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Auto Dealership
  • Auto Repair
  • Bank
  • Bar
  • Drugstore
  • Fast Food
  • General Freestanding
  • Hold For Development
  • Medical
  • Office Park
  • Rehabilitation Centre
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Strip Centre
Total Lot Size 5.33 AC

1 LOT AVAILABLE

Lot

Price $4,621,920 CAD
Price Per AC $867,151.97 CAD
Lot Size 5.33 AC

Lot can be subdivided, The front 2 acres (Phase 1) has a ready-to-submit car lot plan pre-approved by the county. The rear has been evaluated by an engineer for flex retail office center. 2± Front Ares: $1,750,000 Rear Acres: $1,950,000

DESCRIPTION

Strategic Location: Situated in a high-growth area within a designated Technology Zone. C-3 Zoning: Allows for a wide range of commercial uses, including: Retail: Shopping centers, convenience stores, department stores, specialty shops Office: Professional offices, corporate headquarters, medical offices Restaurants: Fast food, casual dining, fine dining Hotels and Motels: Accommodations for travelers and business guests Entertainment: Movie theaters, bowling alleys, arcades, sports complexes Financial Services: Banks, credit unions, insurance agencies Healthcare: Hospitals, clinics, nursing homes Education: Private schools, vocational schools, training centers Zoning and Utilities: Road Access, stormwater and utilities in place. Site Plan: Engineered site plan ready for development. Technology Zone Benefits: Potential for significant tax breaks on business, professional, and occupational licenses, as well as machinery and tools taxes. Fast-Track Development: Site plan was pre-reviewed • Phase 1: Car Lot including architectural • Phase 2&3: Office retail site plan Attracting Tech Businesses: Ideal for attracting tech companies and fostering innovation. Owner Financing potential with considerable down payment and zero interest.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-A-95
Land Assessment
$2,433,736 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,433,736 CAD

ZONING

Zoning Code C3 (COMMERCIAL 3 (C-3) HIGHWAY DISTRICT)
C3 (COMMERCIAL 3 (C-3) HIGHWAY DISTRICT)
  • Listing ID: 33829006

  • Date on Market: 2024-11-11

  • Last Updated:

  • Address: 8601 Patriot Hwy, Fredericksburg, VA 22407

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