Fredericksburg, VA 22407,14201 SPOTSWOOD FURNACE RD

$750,000

Est. payment /mo

$795,000

5.7%
Est.Price: ?

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14201 SPOTSWOOD FURNACE RD Fredericksburg, VA 22407

111.42 Acres Lot

SOLD DATE : 05/25/2021

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

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Bright MLS (BMLS)
Listed by Homer H Garrison • Samson Properties
Bought with Non Member • Non Subscribing Office
agent

Meggie Carpenter

Advisor | License ID: 654291

+1(410) 303-9172

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