StatusAccepting Backup Offers (ACTIVE UNDER CONTRACT)
About 1318 Richmond Hwy
Industrial land continues to go up in value. Assessed value by the county, for this property went up 300% (see attached 2024 RE Assessment Increase). Also, Manassas just sold 20 acres of ind. land for $ 21 million dollars or $1.3 million per acre. This parcel on Rt. One and close to the airport is selling for only $406,780 per acre. Parcels bigger than 10 acres are few and far in between. Again, I repeat, prices are not going down!!! Please call me for more information. Proposed uses include, parking & storage of tractor trailers, and truck repairing or overhauling, Trash companies, Touring Bus Companies, contractors equipment & storage yards, building materials sales and service yards, warehousing, mini-storage, automobile assembling, disassembling, painting, repairing, and rebuilding. Uses could also be data & computer services centers , flex office, wholesale business, and many other uses.
Property Details
Property Features
Listing Office:
Office Name: Fairfax Realty of Tysons
Office Phone: (703) 752-8660
Listing Agent: Saul Corral
Lot Features
Lot Information:
Lot Size: 14.75 Acres
Other
Directions Information:
Directions: From I-495 W, take I-95 S to Courthouse Rd in Stafford. Take exit 140 from I-95 S
Price Information
Listing Price Info
Price Summary:
List Price: $6,000,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Fredericksburg, VA.
This property is $5.5M more than the Median Sold Price in Fredericksburg, VA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #VAST2020738
Listing Office:
Office Name: Fairfax Realty of Tysons
Office Phone: (703) 752-8660
Listing Agent: Saul Corral
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$30K
Per Month
Principal & Interest
$29.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$18K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Stafford Elementary School
1349 Courthouse Rd
Distance between this listing and this school3.06 miles
Public District Grades KG-5
4
/10
Conway Elementary School
105 Primmer House Rd
Distance between this listing and this school3.07 miles
Public District Grades KG-5
4
/10
Falmouth Elementary School
1000 Forbes St
Distance between this listing and this school3.37 miles
Public District Grades KG-5
Nearby Schools
4
/10
Stafford Middle School
101 Spartan Dr
Distance between this listing and this school2.64 miles
Public District Grades 6-8
4
/10
Edward E. Drew Middle School
501 Cambridge St
Distance between this listing and this school3.06 miles
Public District Grades 6-8
4
/10
T. Benton Gayle Middle School
100 Panther Dr
Distance between this listing and this school3.46 miles
Public District Grades 6-8
Nearby Schools
4
/10
Stafford High School
63 Stafford Indians Ln
Distance between this listing and this school2.33 miles
Public District Grades 9-12
4
/10
Brooke Point High School
1700 Courthouse Rd
Distance between this listing and this school2.64 miles
Public District Grades 9-12
5
/10
Colonial Forge High School
550 Courthouse Rd
Distance between this listing and this school3.39 miles
The neighbors living near this home have an average income of $68,644. The most common annual income of people living in Fredericksburg, VA is between $35k-100k. The most common type of family is married, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1318 Richmond Hwy
What is the listing price of this property?
The listing price of 1318 Richmond Hwy property is $6,000,000.
What type of property is this?
The property 1318 Richmond Hwy is land located in Fredericksburg, Virginia, 22405.
Is this property for sale now?
Accepting Backup Offers: 1318 Richmond Hwy is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1318 Richmond Hwy in Fredericksburg, VA and zip code 22405. This home sits on a 14.75 acre lot. It has been listed on Rocket Homes since April 28, 2023 and is currently priced at $6,000,000.
In October 2024, from all listings sold in Fredericksburg, VA there were more than 54 sold above asking price, over 76 sold below and more than 83 were sold right at the asked price. Between September 2024 and October 2024, Fredericksburg, VA real estate market has seen increase in the number of listings by 8.1%. The median list price of listings available in October 2024 was $449,951, while the average time on the real estate market was 25 days.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
Skiing/snowboarding
Skiing/snowboarding
Extreme Sports
Figure Skating
BJs Wholesale Club
Academy Sports & Outdoors
Kmart
Panera
Little Caesars
Bob Evans
Infiniti
Chevrolet
Buick
Adult Hits
Country
Oldies