8+ Homes near 120 Auction Dr, Fredericksburg, VA


8+ Homes near 120 Auction Dr, Fredericksburg, VA

This deal with designates a particular property situated in Fredericksburg, Virginia. It follows a regular deal with format, combining a avenue quantity, avenue identify, metropolis, state abbreviation, and zip code. This format permits for exact geolocation and environment friendly mail supply.

Correct and standardized addresses are essential for numerous functions, together with property identification, navigation, emergency providers dispatch, and business actions. A well-defined deal with like this ensures clear communication and facilitates transactions associated to the property. It additionally performs a job in civic planning, permitting for environment friendly allocation of sources and providers throughout the metropolis of Fredericksburg.

Understanding the parts and performance of this deal with gives a basis for exploring additional particulars in regards to the property itself, its historical past, and its surrounding space. This may embrace matters resembling property worth, native facilities, neighborhood demographics, and historic significance.

1. Property Location

Property location serves as the inspiration for understanding the importance of a particular deal with. “120 Public sale Drive, Fredericksburg, VA 22406” pinpoints a exact geographical location throughout the metropolis of Fredericksburg, Virginia. This location influences quite a few elements, from property worth and entry to facilities to neighborhood demographics and potential for future growth. Just like how coordinates outline a degree on a map, this deal with gives a vital start line for any evaluation associated to the property. For instance, understanding its location permits for comparisons with different properties within the space, offering context for market evaluations.

The situation inside Fredericksburg itself carries implications. Fredericksburg’s historic significance, financial local weather, and neighborhood traits all contribute to the general context of the property. A property situated in a historic district, as an illustration, might face completely different laws and have a unique market worth in comparison with one in a newly developed space. Moreover, proximity to main transportation routes, faculties, and business facilities, all decided by the particular location inside Fredericksburg, influences the property’s desirability and practicality. Take into account an identical deal with in a rural space; entry to facilities and transportation would probably differ considerably, illustrating the affect of location.

In abstract, “120 Public sale Drive, Fredericksburg, VA 22406” is extra than simply an deal with; it represents a particular place inside a bigger context. Analyzing its location gives insights essential for understanding the property’s worth, potential, and general significance. This understanding permits knowledgeable decision-making associated to actual property funding, neighborhood growth, and useful resource allocation.

2. Actual property worth

Actual property worth, a essential issue for any property, is intricately linked to the particular location. Whereas market circumstances play a major function, the inherent worth of a property just like the one at this Fredericksburg deal with is influenced by a large number of location-specific elements. These embrace proximity to fascinating facilities resembling faculties, parks, and procuring facilities, in addition to entry to main transportation routes. Take into account two comparable properties: one located close to a bustling business district with handy freeway entry, and one other in a extra distant location. The previous, benefiting from its advantageous location, will probably command the next market worth. This precept applies on to the topic property; its worth is inherently tied to its particular location inside Fredericksburg.

Moreover, neighborhood traits considerably affect actual property worth. Components resembling crime charges, college high quality, and the general aesthetic enchantment of the neighborhood contribute to the desirability and, consequently, the worth of a property. A property situated in a well-maintained neighborhood with low crime charges and highly-rated faculties will probably respect in worth greater than a comparable property in a much less fascinating space. This underscores the significance of contemplating neighborhood context when assessing the actual property worth of the property at this particular deal with. For instance, a property situated in a historic district with architectural preservation pointers might expertise completely different worth fluctuations in comparison with one in a more recent growth.

In conclusion, understanding actual property worth requires a nuanced strategy that considers the interaction of varied location-specific elements. The property’s location inside Fredericksburg, proximity to facilities, and surrounding neighborhood traits all contribute to its general worth. Analyzing these parts gives a extra complete understanding of the property’s market place and potential for appreciation. This evaluation can inform funding choices and contribute to a broader understanding of actual property dynamics inside Fredericksburg.

3. Proximity to Facilities

Proximity to facilities considerably impacts the desirability and, consequently, the worth of a property. Entry to important providers like grocery shops, healthcare services, and academic establishments, in addition to leisure choices resembling parks, eating places, and leisure venues, performs a vital function within the general enchantment of a location. Take into account a property situated inside strolling distance of a vibrant downtown space providing quite a lot of eating places and retailers in comparison with a property requiring a prolonged commute to entry such facilities. The previous, benefiting from handy entry to fascinating facilities, will probably be perceived as extra priceless and engaging to potential patrons or renters. This precept applies on to the property located on the specified Fredericksburg deal with; its worth is inherently linked to its proximity to the facilities provided throughout the metropolis.

Moreover, the particular forms of facilities obtainable and their distance from the property affect its enchantment to completely different demographics. Households with younger kids may prioritize proximity to high quality faculties and parks, whereas younger professionals may worth quick access to public transportation and leisure venues. For instance, a property situated close to a college or a serious employment heart might appeal to a unique demographic than one located in a quiet residential space farther from such hubs. Understanding the particular facilities surrounding the property in Fredericksburg and their distance permits for a extra focused evaluation of its enchantment to varied potential occupants. This detailed evaluation gives priceless insights for actual property assessments and market evaluation.

In abstract, proximity to facilities is a multifaceted issue that considerably influences property desirability and worth. The provision, kind, and distance of facilities play a vital function in shaping the enchantment of a location to completely different demographics. Analyzing the particular facilities surrounding the property on the supplied Fredericksburg deal with affords a vital understanding of its market place and potential. This understanding contributes to a complete analysis of the property’s worth and its suitability for numerous potential occupants, enabling extra knowledgeable decision-making in actual property transactions.

4. Neighborhood Traits

Neighborhood traits considerably affect the general desirability and worth of a property. Understanding the particular attributes of the neighborhood surrounding 120 Public sale Drive, Fredericksburg, VA 22406, gives essential context for evaluating its enchantment and potential. These traits embody a spread of things, from security and college high quality to architectural type and neighborhood demographics.

  • Security and Safety

    Security and safety are paramount issues for residents. Crime charges, police presence, and neighborhood security initiatives straight affect the standard of life and peace of thoughts inside a neighborhood. A neighborhood with a low crime price and a powerful sense of safety contributes positively to property values and general enchantment. This issue is especially related when contemplating the long-term worth and desirability of a property just like the one at 120 Public sale Drive. As an example, households with kids typically prioritize security when selecting a spot to dwell, influencing demand and property values in safer neighborhoods.

  • College High quality

    The standard of native faculties is a significant factor for households and considerably influences property values. Entry to highly-rated public faculties or proximity to respected non-public establishments typically drives demand in sure neighborhoods. College efficiency metrics, resembling take a look at scores and commencement charges, are sometimes thought-about by potential owners and might affect market traits. Understanding the standard of faculties close to 120 Public sale Drive gives priceless context for assessing its suitability for households and its potential for appreciation.

  • Architectural Model and Aesthetics

    The architectural type and general aesthetic enchantment of a neighborhood contribute to its character and desirability. A neighborhood with a cohesive architectural type, well-maintained properties, and engaging landscaping can create a way of neighborhood and improve property values. Historic districts, for instance, typically appeal to patrons who respect architectural preservation and a novel sense of place. Contemplating the architectural type and aesthetics of the neighborhood surrounding 120 Public sale Drive gives insights into its general enchantment and potential market worth.

  • Neighborhood Demographics

    Neighborhood demographics, together with age, earnings ranges, and household composition, form the character of a neighborhood. These elements can affect the forms of facilities obtainable, neighborhood occasions, and general life-style. A neighborhood with a various inhabitants or a powerful sense of neighborhood might enchantment to sure patrons greater than others. Understanding the demographics of the neighborhood surrounding 120 Public sale Drive gives priceless context for assessing its enchantment to completely different purchaser profiles and predicting future market traits.

These interconnected neighborhood traits contribute considerably to the general notion and worth of a property just like the one at 120 Public sale Drive. A complete evaluation of those elements gives a extra nuanced understanding of its place throughout the Fredericksburg actual property market and its potential for long-term appreciation. This understanding is crucial for knowledgeable decision-making associated to property funding, neighborhood growth, and useful resource allocation throughout the space.

5. Accessibility and Transport

Accessibility and transport issues are essential when evaluating a property’s practicality and general desirability. For the property situated at 120 Public sale Drive, Fredericksburg, VA 22406, understanding the transportation choices and ease of entry performs a major function in figuring out its suitability for numerous functions. This evaluation encompasses a number of key sides, together with proximity to main roadways, availability of public transportation, and entry to varied modes of transport.

  • Proximity to Main Roadways

    Proximity to main roadways like highways and arterial routes considerably impacts commuting instances and general connectivity. Easy accessibility to such roadways permits for environment friendly journey to close by cities, employment facilities, and different factors of curiosity. A property situated close to main roadways affords larger flexibility and comfort for residents, decreasing journey time and enhancing general accessibility. Within the case of 120 Public sale Drive, its proximity to Interstate 95 and different main routes inside Fredericksburg enhances its connectivity to the broader area, facilitating journey and commuting.

  • Availability of Public Transportation

    The provision of public transportation choices, resembling bus routes, prepare stations, or ride-sharing providers, contributes to a property’s accessibility and enchantment. Dependable public transport affords a substitute for non-public automobiles, decreasing reliance on private vehicles and probably reducing transportation prices. For some people, entry to public transportation is a necessity, notably in city areas. Analyzing the supply and frequency of public transport choices close to 120 Public sale Drive gives insights into its accessibility for people who depend on or favor public transport.

  • Entry to Numerous Modes of Transport

    Entry to varied modes of transport, together with pedestrian walkways, bicycle paths, and airports, enhances a location’s general accessibility. A property located close to well-maintained sidewalks and bike lanes promotes walkability and biking, providing wholesome and environmentally pleasant transportation alternate options. Proximity to an airport facilitates handy long-distance journey. Evaluating the supply and high quality of those various transportation choices close to 120 Public sale Drive gives a complete understanding of its accessibility and connectivity.

  • Native Site visitors Situations

    Native visitors circumstances, resembling visitors congestion throughout peak hours and the general stream of visitors within the surrounding space, can considerably affect day by day commutes and general accessibility. A property situated in an space with heavy visitors congestion can result in elevated journey instances and frustration for residents. Analyzing typical visitors patterns and congestion ranges close to 120 Public sale Drive affords insights into the potential challenges and comfort related to commuting to and from the property.

In abstract, accessibility and transport issues play an important function in assessing the practicality and desirability of a property just like the one at 120 Public sale Drive. Analyzing its proximity to main roadways, availability of public transportation, entry to various modes of transport, and native visitors circumstances gives a complete understanding of its connectivity and comfort. This data is essential for potential patrons, renters, and traders, permitting them to make knowledgeable choices primarily based on their transportation wants and preferences.

6. Historic context

Historic context gives essential insights into the current state of any property. For a property situated at a particular deal with like 120 Public sale Drive, Fredericksburg, VA 22406, understanding the historic context entails analyzing the historical past of the land, earlier makes use of of the property, and the evolution of the encompassing space. This historic perspective can reveal important details about the property’s present situation, potential challenges, and its place throughout the broader neighborhood. As an example, if the property was as soon as half of a bigger property or performed a job in a major historic occasion, this information provides depth and that means to its present-day existence. Even seemingly mundane particulars, resembling earlier possession information or previous zoning laws, can provide priceless insights into the property’s evolution and present standing. Take into account a property constructed on land that was as soon as a battlefield; this historic context provides a layer of significance that influences its present-day worth and interpretation. Equally, a property situated in a traditionally important district is likely to be topic to preservation laws that affect its potential for renovation or growth.

Additional exploration of historic context can contain researching the historical past of Fredericksburg itself. Understanding the town’s growth, financial shifts, and demographic modifications over time gives a broader context for understanding the property’s trajectory. For instance, if Fredericksburg skilled a interval of business development prior to now, this may clarify the presence of sure architectural kinds or infrastructure within the space. Equally, researching the historical past of Public sale Drive itself can reveal the origins of its identify and its function throughout the metropolis’s growth. This broader historic perspective enriches the understanding of the particular property at 120 Public sale Drive, inserting it inside a bigger historic narrative. Inspecting historic maps, census knowledge, and native archives can present priceless insights into the property’s previous and its relationship to the encompassing neighborhood.

In abstract, historic context provides depth and that means to the understanding of a property. By researching the historical past of the land, earlier makes use of of the property, and the evolution of the encompassing space, one good points a extra complete perspective on its present-day significance. This historic evaluation can reveal priceless details about the property’s present situation, potential challenges, and its place throughout the broader historic narrative of Fredericksburg. This understanding is essential for property house owners, potential patrons, and anybody searching for a deeper appreciation of the property’s distinctive story.

7. Potential for Growth

Potential for growth represents a essential consider assessing the long-term worth and viability of any property. Analyzing the event potential of the property situated at 120 Public sale Drive, Fredericksburg, VA 22406, requires a complete understanding of native zoning laws, market traits, and the encompassing infrastructure. Zoning laws dictate permissible land makes use of and constructing restrictions, straight impacting what may be constructed or modified on the property. For instance, a property zoned for residential use might have limitations on constructing top or density, limiting the potential for large-scale growth. Conversely, a property zoned for business use might provide alternatives for establishing retail areas or workplace buildings. Market traits, resembling growing demand for housing or business areas, affect the feasibility and profitability of various growth tasks. A robust market demand for residential properties, as an illustration, may incentivize builders to discover constructing further housing models or renovating present constructions to satisfy market wants. Moreover, present infrastructure, resembling entry to utilities, transportation networks, and public providers, performs a vital function in figuring out the practicality and cost-effectiveness of growth tasks. A property with available entry to water, sewer, and electrical energy is extra engaging for growth than one missing these important providers.

A number of real-life examples illustrate the interaction between these elements. A property situated in a quickly rising city space with favorable zoning laws for mixed-use growth may current important potential for establishing a high-rise constructing combining residential and business areas. This potential is additional amplified if the property is located close to public transportation hubs and advantages from robust market demand for each housing and business areas. Conversely, a property situated in a rural space with strict zoning laws preserving agricultural land might have restricted growth potential, primarily restricted to agricultural or low-density residential makes use of. Even throughout the identical metropolis, variations in zoning laws and market circumstances may end up in drastically completely different growth potentials for various properties. One property is likely to be perfect for a large-scale business growth attributable to its location in a chosen business zone and proximity to main highways, whereas one other close by property, situated in a historic preservation district, may solely enable for restricted renovations that keep the present architectural type.

Understanding the event potential of 120 Public sale Drive requires a cautious evaluation of those interconnected elements. Assessing native zoning laws, analyzing present market traits in Fredericksburg, and evaluating the present infrastructure gives priceless insights into the property’s potential for future growth. This evaluation additionally reveals potential challenges, resembling restrictive zoning laws or restricted entry to important utilities, which may hinder growth. This complete understanding is essential for property house owners, traders, and builders, enabling them to make knowledgeable choices in regards to the property’s future use and potential for long-term worth appreciation. By rigorously contemplating these elements, stakeholders can successfully consider the property’s growth potential and its alignment with their funding targets and growth goals.

8. Zoning Rules

Zoning laws play a vital function in shaping land use and growth inside a particular jurisdiction. These laws, applied by native governments, dictate permissible land makes use of, constructing heights, density restrictions, and different growth requirements. For a property just like the one situated at 120 Public sale Drive, Fredericksburg, VA 22406, understanding the relevant zoning laws is crucial for figuring out its potential for growth, permitted makes use of, and any limitations on development or renovation. Zoning laws perform as a blueprint for growth, guiding how land can be utilized and guaranteeing compatibility between various kinds of growth inside a neighborhood. They affect all the things from the forms of companies allowed in particular areas to the peak and density of residential buildings. For the property at 120 Public sale Drive, the particular zoning designation will dictate whether or not it may be used for residential, business, industrial, or mixed-use functions. This designation additionally determines the allowable constructing measurement, setbacks from property strains, parking necessities, and different growth requirements.

The sensible significance of understanding zoning laws turns into evident when contemplating real-life situations. As an example, if the property at 120 Public sale Drive is zoned for residential use solely, establishing a business constructing on the location could be prohibited. Equally, if the zoning laws stipulate a most constructing top of three tales, establishing a ten-story condo constructing wouldn’t be permissible. Zoning laws additionally affect the potential for future growth. A property zoned for high-density residential growth could also be extra engaging to builders than one zoned for low-density residential use, notably in areas experiencing inhabitants development. Conversely, a property situated in a traditionally designated district may face stricter zoning laws that restrict alterations to protect the world’s historic character. These laws may prohibit the extent of renovations or prohibit demolition, even when the property proprietor needs such modifications. Understanding these restrictions is crucial for making knowledgeable choices about property acquisition, growth, and long-term funding methods. For instance, buying a property with the intention of changing it right into a business area could be unwise if the present zoning laws prohibit such use.

In abstract, zoning laws present a framework for land use and growth, straight impacting the potential makes use of and limitations of any property. For 120 Public sale Drive, Fredericksburg, VA 22406, understanding the relevant zoning laws is essential for figuring out its permitted makes use of, growth potential, and any restrictions on development or renovation. This understanding is crucial for property house owners, potential patrons, builders, and anybody concerned in actual property transactions. Failure to adjust to zoning laws can result in authorized challenges, fines, and delays in growth tasks. Subsequently, conducting thorough due diligence relating to zoning laws is a essential step in any actual property endeavor, guaranteeing compliance and maximizing the potential of the property throughout the framework of native land use insurance policies.

Incessantly Requested Questions

This part addresses widespread inquiries relating to the property situated at 120 Public sale Drive, Fredericksburg, VA 22406. The knowledge supplied goals to supply a transparent and concise understanding of key points associated to the property and its surrounding space.

Query 1: What’s the present zoning designation for 120 Public sale Drive?

Particular zoning data requires session with the Metropolis of Fredericksburg’s Planning and Zoning Division. This data is essential for understanding permitted land makes use of and growth potential.

Query 2: What’s the proximity of the property to varsities?

Data relating to close by faculties may be obtained by means of on-line sources resembling GreatSchools.org or by contacting the Fredericksburg Metropolis Public Colleges. Proximity to high quality faculties is usually a major issue for households contemplating a property.

Query 3: What are the everyday property taxes for properties on this space?

Property tax data may be obtained from the Metropolis of Fredericksburg Treasurer’s Workplace or by means of on-line property tax evaluation databases. Understanding property tax charges is crucial for correct price projections.

Query 4: What’s the historical past of the property and the encompassing neighborhood?

Historic data may be discovered by means of native historic societies, libraries, and on-line archives. Researching historic context gives priceless insights into the property’s previous and its place throughout the neighborhood.

Query 5: What are the first transportation routes accessible from this location?

Data on transportation routes may be discovered by means of on-line mapping providers or by contacting the Virginia Division of Transportation. Accessibility to main roadways and public transport is a vital issue for a lot of residents.

Query 6: What’s the availability of utilities and different important providers at this deal with?

Data on utility availability needs to be confirmed by means of the related utility suppliers serving the Fredericksburg space. Entry to important providers like water, electrical energy, and web is essential for any property.

Consulting these sources gives correct and up-to-date details about the property at 120 Public sale Drive, facilitating knowledgeable choices relating to its potential acquisition or growth. Due diligence is crucial in all property-related issues.

This FAQ part addresses key questions, however additional analysis is at all times beneficial. The next sections delve deeper into particular points of the property and its surrounding space.

Ideas for Researching a Property

Thorough analysis is essential when contemplating a property funding. The next suggestions provide steerage for conducting complete due diligence, guaranteeing knowledgeable choices and mitigating potential dangers. The following pointers are relevant to researching any property, together with one situated at a particular deal with like 120 Public sale Drive, Fredericksburg, VA 22406.

Tip 1: Confirm Property Data

All the time confirm data obtained from on-line sources with official information. Contact the native county assessor’s workplace or recorder of deeds to verify possession particulars, property boundaries, and tax assessments. Discrepancies between on-line listings and official information needs to be investigated completely.

Tip 2: Conduct a Thorough Title Search

A title search reveals any liens, encumbrances, or authorized points related to the property’s possession historical past. That is important for guaranteeing clear title and avoiding potential authorized disputes. Title insurance coverage protects in opposition to future title points.

Tip 3: Analysis Zoning Rules

Contact the native planning and zoning division to acquire detailed data on the property’s zoning designation, permitted makes use of, and any growth restrictions. This data is essential for understanding the property’s growth potential and avoiding non-compliant makes use of.

Tip 4: Assess the Neighborhood

Go to the neighborhood at completely different instances of day to watch visitors patterns, noise ranges, and general security. Analysis crime statistics, college high quality, and proximity to facilities to realize a complete understanding of the neighborhood’s traits.

Tip 5: Consider Property Taxes and Utilities

Receive correct property tax data from the native treasurer’s workplace and make contact with utility suppliers to know the price of important providers like water, electrical energy, and gasoline. These elements considerably affect the general price of possession.

Tip 6: Examine the Property Totally

An expert property inspection identifies potential structural points, plumbing issues, or different defects that is probably not readily obvious. This helps keep away from pricey repairs after buy.

Tip 7: Analysis Current Gross sales Information

Analyzing latest gross sales knowledge for comparable properties within the space gives insights into market worth traits and helps decide a good providing value. This knowledge may be obtained from actual property brokers, on-line databases, or public information.

Tip 8: Take into account Lengthy-Time period Objectives

Align funding choices with long-term targets. Take into account elements resembling potential resale worth, rental earnings potential, and long-term growth prospects when evaluating a property funding.

By following the following pointers, potential patrons could make well-informed choices, mitigate dangers, and maximize the potential of their property funding. Due diligence and thorough analysis are essential for profitable actual property transactions.

The following pointers present a strong basis for property analysis. The concluding part summarizes key takeaways and affords closing suggestions for making knowledgeable choices.

Conclusion

Evaluation of 120 Public sale Drive, Fredericksburg, VA 22406, requires consideration of a number of elements. Property location, actual property worth, proximity to facilities, neighborhood traits, accessibility, historic context, growth potential, and zoning laws contribute to a complete understanding. Every aspect affords priceless insights, influencing funding choices and shaping views on the property’s significance inside Fredericksburg’s dynamic actual property panorama.

Thorough due diligence, encompassing property analysis and market evaluation, stays important for knowledgeable decision-making. Prudent traders acknowledge the worth of complete assessments, enabling strategic selections aligned with particular person funding targets. Additional analysis, particular to particular person wants and goals, is at all times beneficial.