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1154 Carl D Silver Pky 0.45 Acres of Commercial Land Offered at $475,000 in Fredericksburg, VA 22401



INVESTMENT HIGHLIGHTS
- Prime Location Between Major Retailers: Nestled between well-established stores like Target and WAWA, this lot capitalizes on a high consumer traffic
- Scenic Lake Backdrop: Offering a serene lake view at the rear, this property not only provides a pleasant environment but also adds a unique aesthetic
- Ready-to-Implement Previously Approved Development Plans for a 3 story 6,807 SF Building
EXECUTIVE SUMMARY
Shape: Rectangular
Location: Carl D. Silver Parkway, Central Park Shopping Center, Fredericksburg, VA
Road Frontage: Significant, high visibility along a busy parkway
Terrain: Gently graded, backs to scenic lake
Utilities: Public water and sewer available
Approved Plans: Previously approved for a three-story building
Floor 1: 2,169 sq ft (retail)
Floor 2 & 3: 2,319 sq ft each (office spaces)
Accessibility: Excellent, near major traffic arteries within the shopping center
Development Potential: Ideal for mixed-use with retail and office spaces
Nearby Anchors: Target, WAWA, Old Navy, Olive Garden
Traffic: High due to location near I-95 and major retail anchors
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $475,000 | Lot Size | 0.45 AC |
| Price Per AC | $1,065,022.42 |
| Price | $475,000 |
| Price Per AC | $1,065,022.42 |
| Lot Size | 0.45 AC |
High visibility between Wawa and Target, Terrain: Gently graded, lake view, Utilities: available, Previously approved 3 story building Retail/Office
DESCRIPTION
This prime .45-acre commercial lot, nestled between Target and WAWA, offers unparalleled business development potential in Fredericksburg’s Central Park Shopping Center, one of the largest and most frequented retail destinations on the East Coast. Located at a strategic 198 feet off Carl D. Silver Parkway, the lot boasts exceptional visibility and accessibility, attracting a high volume of foot traffic and providing an outstanding location for any retail or office establishment. Property Highlights: Size: .45 acres, providing ample space for a robust multi-use development. Zoning: Planned Development-Commercial (PDC), supporting a wide range of commercial activities including retail, services, and offices. Previously Approved Building Plans: Comes with previously approved plans for a three-story building, perfectly laid out with 2,169 sq ft on the first floor for retail and 2,319 sq ft on middle and the upper floors for office spaces. Road Frontage: Significant frontage along Silver Street 198 +/- ft off Carl D. Silver Parkway ensures high visibility. Location Advantage: The lot's proximity to major retailers like Target and WAWA enhances consumer draw, making it a lucrative spot for business. Scenic View: Backs onto a beautiful lake, providing a serene backdrop that enhances aesthetic appeal and potentially increases property value. Utilities: Ready access to public water and sewer facilities ensures ease of development and operation. Traffic and Accessibility: Located near I-95, the property benefits from the heavy traffic flow, both local and regional, enhancing exposure and accessibility. Community Hub: Being part of a shopping center with over 200 retail stores and dining options, the property enjoys synergy from the existing mix of successful businesses. This lot is not just a piece of land; it’s a gateway to endless possibilities for growth and success in a thriving commercial arena. With its strategic positioning, approved plans for development, and the backdrop of a supportive commercial community, it represents a remarkable opportunity for investors and developers aiming to maximize returns in a high-demand area. For those looking to invest in a property with high growth potential, excellent location, and substantial consumer traffic, this .45-acre lot in Central Park Shopping Center is an opportunity not to be missed. Explore the possibilities today and start building tomorrow’s business success story.
PROPERTY TAXES
| Parcel Number | 291-41154 | Improvements Assessment | $0 |
| Land Assessment | $233,100 | Total Assessment | $233,100 |
PROPERTY TAXES
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1154 Carl D Silver Pky
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