$750,000
$795,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
14201 SPOTSWOOD FURNACE RD Fredericksburg, VA 22407
111.42 Acres Lot
Key Details
Sold Price $750,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID VASP213798
Sold Date 05/25/21
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $6,585
Tax Year 2019
Lot Size 111.420 Acres
Acres 111.42
Property Description
$155K PRICE REDUCTION! This property is ready to be rezoned or used as-is. The Fredericksburg area is booming with new businesses, retail companies, data centers, schools, restaurants, libraries, shopping centers, etc. Spotsylvania County is stepping up to take on the growth in Northern Virginia resulting from the addition of Amazon's move into Arlington. The move is having a multiplying effect of new businesses coming into the area, and that is expected to help property values continue their rise as the demand for property increases. The appearance of COVID-19 has also increased the number of businesses and positions supporting teleworking/work-from-home opportunities, which is leading to a growing interest to move outside of the city now that being close to work is less of a need. This 111-acre lot is prime real estate right on Spotswood Furnace Road, and it provides a great opportunity for budding entrepreneurs and experienced developers to tap into the growing housing market. Developing a neighborhood of desirable lots for builders and/or lots and homes for resale for homeowners will be very much sought after in the area. Please check out this land and contact me with questions and to schedule a walk of the property.
Location
State VA
County Spotsylvania
Zoning RU
Exterior
Water Access N
Garage N
Building
Sewer No Sewer System
Water None
New Construction N
Schools
School District Spotsylvania County Public Schools
Others
Tax ID 5-A-2-
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Non Member • Non Subscribing Office
GET MORE INFORMATION