PAD SITE OFF I-95 | 1.78 ACRES Fredericksburg, VA

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

• Prime location near Fredericksburg Convention Center, Fredericksburg Nationals Stadium, much more
• Suitable for Mixed use Retail/Residential, Lodging, Tourism
• Public Utilities at Site, Curbs, Gutters, Sidewalks
• Federal Opportunity Zone

GROUND LEASE or FINANCING CONTINGENCY ACCEPTED!! SELLER FINANCING AVAILABLE Seller financing of not more than 60%, OR 90% or less approved lender financing. A ground lease via an acceptable pre-auction offer will also be considered.

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 auction 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)

Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.

VAAF423

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Tom Luper

Tom Luper: Tranzon Key

804-852-3637 tluper@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

• Buyer's Premium: 10% Buyers Premium based on the high bid.
• Closing: 30-Day closing, sold in As-Is condition, no contingencies.
• Deposit Amount: Online registration requires $5,000 hold on a valid credit card. The hold will be released post-auction. A 10% deposit is due within 48 hours of being notified that you are the successful high bidder.
• Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
• Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
• Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.