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.

This expansive 16.7-acre property presents an outstanding opportunity for commercial development. It is zoned as C2 Commercial and the property benefits from County, DEQ, and VDOT approved engineer plans for boat and RV storage, making it shovel-ready for immediate construction. Additionally, Seller has obtained quotes for the required site work. Located just .3 miles north of the intersection of Rt. 208 and Rt. 522 in Wares Crossroads, with an approved roundabout in the works, this property boasts excellent road frontage and visibility, making it an ideal location for capitalizing on the development potential at Lake Anna.With over 723' of frontage on Rt 522 where the speed limit changes from 45 to 55MPH, it is an ideal location for capitalizing on the development potential at Lake Anna. The property's location within the Lake Anna Growth Zone, combined with its favorable zoning, presents a unique opportunity for investors or developers seeking to capitalize on the area's commercial growth. With the potential for various commercial ventures, this property offers the flexibility to cater to the growing demands of the Lake Anna community.Located in Louisa, Orange, and Spotsylvania counties, Lake Anna is one of the largest freshwater inland lakes in Virginia, spanning over 13,000 acres with 225 miles of shoreline. Its proximity to Washington, D.C. (72 miles), Charlottesville, and Fredericksburg, as well as its accessibility from anywhere in Virginia, makes it an easily reachable destination.For nearly 40 years, Lake Anna has been a popular vacation and second home destination for residents of Virginia, Maryland, and North Carolina. Additionally, the number of full-time residents in the Lake Anna region continues to rise, solidifying it as a permanent home for many individuals and families. Louisa is currently growing at a rate of 2.55% annually and its population has increased by 7.79% since the most recent census in 2020.The natural beauty and recreational opportunities offered by Lake Anna, such as boating, fishing, swimming, and hiking, contribute to its appeal as a thriving community. Businesses catering to outdoor recreation, water sports, and tourism can flourish in this vibrant environment.Lake Anna's location, accessibility, and the growing demand for modern conveniences make it an attractive destination for businesses and investors. The supportive business environment, coupled with the area's natural beauty and quality of life, create a favorable climate for business growth and economic development.Lake Anna is a growing community with a significant increase in business activity in recent years. The rise in population growth and demand has led to the arrival of more modern conveniences and amenities on a daily basis.By becoming a part of the Lake Anna business scene, businesses can tap into a growing market, benefit from the region's natural attractions, and contribute to the ongoing development of this flourishing community.