SKY IS THE LIMIT on this 10.07 acres located in the Fredericksburg city limits with R2 / multi family zoning. This awesome investment opportunity offers a huge array of options for the savvy investor. With city utilities available this could be a prime location to subdivide and make a new neighborhood where you sale lots. If you are a builder its even better then you will have a place to put new homes because finding city lots is tough in Fredericksburg! With R2 zoning lots can be as small as 5000 square feet and only 50 foot wide which could make it very profitable. This zoning also allows for many other uses including group residential which could encompass assisted lives facility or multi-famliy housing such as duplexes, apartments, etc.. Another option would be to make an awesome STR Complex with lots of cute Bed and Breakfasts sprinkled across the 10 acres. This would also be the ideal spot for someone who just wants small acreage close to town to call home and the land would be ideal for a few animals including horses. Actually there is really enough room that you could do any combination of the ideas above. There is also an older home on the property, this home and approx .74 acre will be sold but the seller will retain a lifetime lease until she is no longer able to stay in the home. This section of the property is nicely wooded and will make a great spot for future development. With all these possibilities the sky really is the limit!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
