Bank-Owned Real Estate Auction September 21, 2023

5 Vacant Land Parcels Combined into 4 Separate Offerings all Located in Fredericksburg, Virginia

Various potential uses from Hotel, Retail, Office, Assisted Living and more.

Offering 1: 3.44 Acres, O Overview Drive, Cosner East 36-21-E.  Zoned C-3.  You essentially receive two high-visibility stop light corner lots at the entry way to the Spotsylvania Regional Medical Center.  The corner of Spotsylvania Pkwy and Hospital Blvd.

Previously Valued to $1,675,000

Suggested Opening Bid $650,000

Offering 2: 3.3 Acres, 0 Hospital Blvd., Pod C Parcel 4 Cosner East.  Zoned C-3.  Southside of Overview Dr., Eastside of Hospital Dr. where Hospital intersects Mill Dr. Adjacent to Bojangles, Sheetz Gas Station.

Previously Priced to $950,000

Suggested Opening Bid $375,000

Offering 3: 5.56 Acres, Parcel 4 & 5 Harrison Crossing, 5535 & 5541 Plank Rd., to be sold in bulk.  Adjacent to Giant Grocery Store, Burger King, Chipotle, Taco Bell, Home Depot, Firestone, and much more.

Previously Priced Over $2,160,000

Suggested Opening Bid $825,000

Offering 4: 1.140 Acres, Cosners Corner, East of Patriot Hwy (U.S. 1) Zoned C-3.  Between Rt. 17 (Mills Dr.) to the North and Spotsylvania Pkwy to the South.  Behind a GNC store, a Hai Cuttery and diagonally across from a Gourmeltz, adjacent to Target, Publix, Kohls, Petsmart, etc.

Previously Priced to $700,000

Suggested Opening Bid $350,000

For information contact Rick Levin & Associates, Inc. at 312 440 2000.  In conjunction with Woltz & Associates, Inc. Licensed Virginia Real Estate Broker & Auctioneer License # 321.

Auction Deadline September 21, 2023

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