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