$30,000,000

Ulmanor features 34.2 Acres, representing one of the largest undeveloped parcels in the City of Fredericksburg. Currently zoned R2 and in land use, up-zoning potential for the property would allow multi-family and many other commercial possibilities by way of a mixed use concept.The property is immediately adjacent to Central Park, one of the largest Power Centers on the East Coast. Further, it is across Fall Hill Avenue from Celebrate Virginia which features the new Washington National's minor league baseball stadium, the Expo Center, and Wegman's. However, Property is not encumbered by restrictions found in Central Park and Celebrate Virginia. The Region's largest Hospital is located within 2 miles of the Property.Once developed, the Property will feature excellent visibility and access to two major roadways: Cowan Blvd and Fall Hill Avenue. Property also has frontage on I-95.