Rezoned Land for 80-Unit Age-Restricted Senior Housing Development in Fredericksburg, VA
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Financial Details
- Asking Price:
- $1,950,000
- Profit Metric:
- Net Operating Income (Annual)
- Location:
- Fredericksburg, VA, US
- Source:
- Date:
- November 05, 2025
Key Highlights
Approved 80-unit, age-restricted (55+) multi-family development opportunity.
Includes approved Generalized Development Plan and recorded sewer easements.
Prime location in Fredericksburg, VA, ready for immediate construction submission.
Description
This listing presents a shovel-ready development opportunity for an 80-unit, age-restricted (55+) senior housing complex in Fredericksburg, Virginia. The property includes entitlements for an 83,500+ SF building footprint and benefits from an approved Generalized Development Plan and secured sewer easements, allowing a developer to proceed directly to site plan submission and permitting. This is an ideal acquisition for a builder or developer looking to enter or expand within the high-demand senior living sector.
Industry Information
- Industry Description:
- Real Estate Development / Multifamily Housing
- Classification:
- Building & Construction
Real Estate & Lease
- Status:
- For Sale
- Real Estate Price:
- $1,950,000 USD
Listing Details
- Listing ID:
- 70be5032-48a0-4d4e-ba5d-3f0860c51cac
- Deal Status:
- For Sale
- Date Posted:
- September 04, 2024
- Last Updated:
- November 05, 2025
- Currency:
- USD
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