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1068-1076 Hospitality Ln 1.78 Acres of Commercial Land Offered at $1,558,491 CAD in Fredericksburg, VA 22401
Investment Highlights
- Prime location near Fredericksburg Convention Center, Fredericksburg Nationals Stadium, much more
- Public Utilities at Site, Curbs, Gutters, Sidewalks
- Suitable for Mixed use Retail/Residential, Lodging, Tourism
- Federal Opportunity Zone
Executive Summary
Price below tax value! Motivated Seller.. willing to consider some seller financing, due diligence period. Make an offer.
1.78 AC Shovel-Ready Pad Site Zoned PD-C, in Special Tourism and Events Overlay District
Choose from many by-right options to develop this building pad, zoned Planned District-Commercial (PD-C):
Lodging
Retail
Multi-Family/Retail mixed use
Recreation, Entertainment
Utilities, Curbing, Gutters, Sidewalks at site. Located in a Federal Opportunity Zone.
NOTE: there may be an opportunity to purchase a strip of adjacent land on the retention pond property for additional parking, perhaps up to 20 spaces from the CVAS POA. The buyer would be responsible for all sitework. This would be a negotiated sale between the new owner and the Celebrate Virginia South POA after settlement. This will NOT be a contingency of the purchase.
Located just 1.5 miles north of I-95 Exit 130 (Rt. 3 exit).
Nearby tenants:
Walmart
Sheetz
Wegman's
Mercedes Benz
Hampton Inn
Cracker Barrel
PNC Bank
Hilton Garden Inn
Retail shops at Central Park
Fredericksburg Expo & Convention Center
Fredericksburg Nationals MLB Stadium
Traffic Counts:
Fall Hill Ave 13,000 vehicles per day
Carl D. Siler Pkwy 19,000 VPD
I-95 136,000 VPD
Parcel ID#: 7769-88-0831
2025 Tax Assessment: $1,240,600
2023 Annual Taxes: $28,124 (based on $1,085,500 2023 assessment)
1.78 AC Shovel-Ready Pad Site Zoned PD-C, in Special Tourism and Events Overlay District
Choose from many by-right options to develop this building pad, zoned Planned District-Commercial (PD-C):
Lodging
Retail
Multi-Family/Retail mixed use
Recreation, Entertainment
Utilities, Curbing, Gutters, Sidewalks at site. Located in a Federal Opportunity Zone.
NOTE: there may be an opportunity to purchase a strip of adjacent land on the retention pond property for additional parking, perhaps up to 20 spaces from the CVAS POA. The buyer would be responsible for all sitework. This would be a negotiated sale between the new owner and the Celebrate Virginia South POA after settlement. This will NOT be a contingency of the purchase.
Located just 1.5 miles north of I-95 Exit 130 (Rt. 3 exit).
Nearby tenants:
Walmart
Sheetz
Wegman's
Mercedes Benz
Hampton Inn
Cracker Barrel
PNC Bank
Hilton Garden Inn
Retail shops at Central Park
Fredericksburg Expo & Convention Center
Fredericksburg Nationals MLB Stadium
Traffic Counts:
Fall Hill Ave 13,000 vehicles per day
Carl D. Siler Pkwy 19,000 VPD
I-95 136,000 VPD
Parcel ID#: 7769-88-0831
2025 Tax Assessment: $1,240,600
2023 Annual Taxes: $28,124 (based on $1,085,500 2023 assessment)
Property Facts
1 Lot Available
Lot
| Price | $1,558,491 CAD | Lot Size | 1.78 AC |
| Price Per AC | $875,556.76 CAD |
| Price | $1,558,491 CAD |
| Price Per AC | $875,556.76 CAD |
| Lot Size | 1.78 AC |
±1.78-acre shovel-ready pad with utilities, curb, gutters, and sidewalks in place.
Description
The site comprises approximately 1.78 acres within the Celebrate Virginia South development in Fredericksburg, Virginia. Utilities and on-site improvements such as sidewalks and curbing have been installed. Zoning supports a variety of commercial and mixed-use applications. The parcel is located within a Federal Opportunity Zone and benefits from proximity to highway infrastructure, retail anchors, and significant tourism-driven venues.
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 312-A-P5D | Improvements Assessment | $0 CAD |
| Land Assessment | $1,762,471 CAD | Total Assessment | $1,762,471 CAD |
Property Taxes
Parcel Number
312-A-P5D
Land Assessment
$1,762,471 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,762,471 CAD
Contact
-
Linda Terry -
Tranzon Key
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1068-1076 Hospitality Ln
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