5901 Patriot Highway, Woodford, VA 22580

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Sold Price
$2,940,775
List Price
$2,000,000
Days on Market
51
Closing Date
Oct 17, 2024
MLS#
CVR-2417053
Status
CLOSED
Type
Commercial
County
Spotsylvania
Region
200 - Spotsylvania

Property Description

ONLINE AUCTION underway NOW. ends August 20 at 11 a.m. Cash, "as is" terms - no due diligence or contingencies. Price shown is BPO - explore the current and future possibilities and name your price! Prime location in the Washington DC/Fredericksburg/Richmond corridor. The Spotsylvania County Economic Development Authority calls the area "growth-designated with focus on tourism". 192 acres valuable land, wooded with mixed pine & hardwood, with +/-1,500 ft frontage on Rt 1 +/- 3,600 ft frontage along I-95 Currently zoned A2 - Comp Master Land Use Plan calls for retail, tourist attractions, light commercial use. Just 1 mile from Kalahari Resort - a destination water park/convention center w/900+ room hotel, currently under construction opening 2026. In addition, Amazon Web Services is investing $35 billion in data centers, also in the immediate vicinity. A large single and multi family residential development was approved just over the line, in Caroline County. Traffic Count 16,000 AADT along Rt 1. Excellent for 1031 exchange, buy and hold or develop. 2 adjacent tax parcels, offered together. Early offers will be presented.

Additional Information

Acres
192

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Calculator source: Real Geeks

Listing courtesy of Tranzon Key Auctions. Contact:

Selling Office: Tranzon Key Auctions.

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