1318 Richmond Highway, Fredericksburg, VA 22405

$6,000,000

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Sold Price
$6,000,000
List Price
$6,000,000
Closing Date
Nov 30, 2024
MLS#
VAST2020738
Status
CLOSED
Type
Land
Lot Size
642,510
County
Stafford

Property Description

Industrial land continues to go up in value. Assessed value by the county, for this property went up 300% (see attached 2024 RE Assessment Increase). Also, Manassas just sold 20 acres of ind. land for $ 21 million dollars or $1.3 million per acre. This parcel on Rt. One and close to the airport is selling for only $406,780 per acre. Parcels bigger than 10 acres are few and far in between. Again, I repeat, prices are not going down!!! Please call me for more information. Proposed uses include, parking & storage of tractor trailers, and truck repairing or overhauling, Trash companies, Touring Bus Companies, contractors equipment & storage yards, building materials sales and service yards, warehousing, mini-storage, automobile assembling, disassembling, painting, repairing, and rebuilding. Uses could also be data & computer services centers , flex office, wholesale business, and many other uses.

Additional Information

Sewer Septic
Public Septic, Public Sewer
Water
Public
Tax Year
2022
Possession
Settlement
Days on Market
399
Acres
14.75
Ownership
Fee Simple

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Calculator source: Real Geeks

Listing courtesy of Fairfax Realty of Tysons. Contact:

Selling Office: .