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Listing IDVAFB116694
Price$30,000,000
Price/SqFt$20.14
StatusPENDING
Acres
34.200
CountyFredericksburg City
Property TypeLand
Ulmanor features 34.2 Acres, representing one of the largest undeveloped parcels in the City of Fredericksburg. Currently zoned R2 and in land use, up-zoning potential for the property would allow multi-family and many other commercial possibilities by way of a mixed use concept.The property is immediately adjacent to Central Park, one of the largest Power Centers on the East Coast. Further, it is across Fall Hill Avenue from Celebrate Virginia which features the new Washington National's minor league baseball stadium, the Expo Center, and Wegman's. However, Property is not encumbered by restrictions found in Central Park and Celebrate Virginia. The Region's largest Hospital is located within 2 miles of the Property.Once developed, the Property will feature excellent visibility and access to two major roadways: Cowan Blvd and Fall Hill Avenue. Property also has frontage on I-95.
County
Fredericksburg City
Price/SqFt
20.14
Property Type
Land
Zoning
R2
Farm Land Preservation
no
Horses
Y
Lot Size Source
Assessor
Lot Size Units
Square Feet
Sewer Septic
On Site Septic
Tidal Water
no
Water Access
no
Water Oriented
no
Water Source
Public
Water View
no
Condo/Co-op Association
N
Country
US
HOA
N
In City Limits
yes
School District Name
FREDERICKSBURG CITY PUBLIC SCHOOLS
School District Source
Listing Agent
Transportation
Commuter Rail Station 1 to 5 miles, Bus Stop less than 1 mile
Waterfront
no
Current Use
Agriculture, Residential
Days on Market
1346
Land Use Code
002
Property Sub Type
Land
Year Assessed
2019
Association Recreation Fee
N
Automatically Update Tax Values
yes
Ground Rent Exists
no
Lease Considered
yes
Ownership Interest
Fee Simple
Possession
Settlement
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
3888
Tax Assessed Value
6561800
Tax Year
2019
Vacation Rental
no
Listing courtesy of Coldwell Banker Elite (540) 373-0100
© 2024 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Coldwell Banker Elite. Data last updated on Thursday, April 18th, 2024 05:16:45 PM.
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