2062 Plank Road presents a compelling pad site redevelopment opportunity positioned along one of Fredericksburg’s busiest commercial corridors. This ±0.52-acre infill parcel
offers direct frontage on Route 3 / Plank Road with estimated traffic counts of approximately ±40,000 vehicles per day, providing exceptional visibility, accessibility, and longterm positioning within a rapidly evolving trade area.
Strategically located immediately adjacent to the proposed Greenbrier Place redevelopment, the site stands to benefit from the introduction of approximately 199 new
residential units and the continued transformation of the corridor from legacy strip retail into a modern, residential-driven commercial environment. As obsolete retail inventory
is removed and reinvestment accelerates, the subject property is well positioned to capture growing demand from retail, restaurant, medical, and service-oriented users
seeking frontage along this highly trafficked corridor.
The property is zoned Commercial Highway (CH), allowing for a broad range of commercial uses including quick-service restaurants, coffee concepts, medical office,
automotive retail, financial services, and single-tenant net lease development. Existing utilities are already in place, further enhancing the site’s redevelopment potential and
reducing development complexity.
With multiple execution strategies available—including owner-user occupancy, ground lease, or redevelopment for investment purposes—2062 Plank Road represents a rare
opportunity to secure highly visible frontage in one of Fredericksburg’s most active and rapidly improving commercial corridors.