PROPERTY

Palmers Creek Commercial

Palmers Creek Way, Fredericksburg, VA , 22407. Spotylvania County

3.55 Acres – $2,450,000 / $700,000 acre

HIGHLIGHTS

- 500 ± feet Direct Road Frontage on Route 1 / Patriot Hwy
- Utilities and SWM in Place
- MU-5: highest level of mixed use zoning – Wide variety of “by right” uses
- Fronts brand new 400 unit luxury apartment complex
- Spotsylvania Virginia Technology Zone
- Dedicated Bus stop
- 44,000+ ADT

Details

Tax Map:	49-19-3
Acres:	3.55
Zoning Type:	MU-5 – Mixed Use

SW Management	Provided
Terrain Type:	Graded / Flat / Public RUW
Right of Way:	Public
Easement:	Paved
Water /Sewer:	Public : 2 H20 & 2 Sewer connections with 3rd split potential

Ready to build lot with utilities & storm water in place. There is plenty of highway frontage on Rt 1 in this commercial parcel backed by 400 brand new luxury apartments. The project was zoned MU-5 as part of “Palmers Creek” mixed-use development and is situated in a high growth area with excellent visibility. The rezoning application approved by the county included the concept plan for four 6,000 square foot freestanding buildings.

The engineer advised the parcel can be split in half creating two sub parcels and the infrastructure is in place with utility hookups in two locations. It is also feasible to split into thirds with the addition of a third hookup location.

MU-5 zoning allows for a variety of “by rights” uses including drive-through, medical, recreation, entertainment, restaurant, brewery, office, child care, convenience, retail, and more.

The sellers reserve the right to approve of any potential use or site plan before agreeing to sell any lesser portion or create any sub parcels.