Description
Prime ±2.54-Acre Assemblage with Prince William Parkway Frontage | Future Development Opportunity.The Ellitan Group is pleased to present a rare ±2.54-acre two-parcel assemblage prominently positioned along Prince William Parkway, one of Woodbridge’s most heavily traveled and visible corridors, directly across from the Prince William County Government Center. This offering represents a strategic future-use and redevelopment opportunity, combining scale, frontage, and long-term growth potential in a highly established location.The assemblage consists of 4941 Prince William Parkway (±1.04 acres) and 4955 Prince William Parkway (±1.50 acres), creating a contiguous site with approximately 240 feet of direct frontage along Prince William Parkway. The frontage provides exceptional visibility and presence, making the property well-suited for a wide range of future commercial, mixed-use, or residential concepts.The site is income-producing today, allowing for a covered land strategy while future plans are pursued. 4941 Prince William Parkway includes an existing residential dwelling currently leased at $3,000 per month, providing immediate cash flow. 4955 Prince William Parkway includes a large storage/utility structure, offering additional interim utility during the holding period.Located within the Government Center Activity Center, the property is guided by the County’s long-range planning vision supporting future mixed-use and office development, positioning the assemblage favorably for potential rezoning and redevelopment. The location benefits from close proximity to I-95, Route 234, major retail centers, and surrounding residential communities, further enhancing its long-term desirability.Potential future uses may include mixed-use, office, retail, medical, or residential infill development, subject to zoning and approvals. Assemblages of this size, frontage, and positioning along Prince William Parkway are increasingly scarce, making this a compelling opportunity for developers and investors seeking a high-visibility site with immediate income and long-term upside.
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3BEDS
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1.04ACRES
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2BATHS
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11/2 BATHS
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2,220SQFT
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$1,014$/SQFT
Description
Prime ±2.54-Acre Assemblage with Prince William Parkway Frontage | Future Development Opportunity.The Ellitan Group is pleased to present a rare ±2.54-acre two-parcel assemblage prominently positioned along Prince William Parkway, one of Woodbridge’s most heavily traveled and visible corridors, directly across from the Prince William County Government Center. This offering represents a strategic future-use and redevelopment opportunity, combining scale, frontage, and long-term growth potential in a highly established location.The assemblage consists of 4941 Prince William Parkway (±1.04 acres) and 4955 Prince William Parkway (±1.50 acres), creating a contiguous site with approximately 240 feet of direct frontage along Prince William Parkway. The frontage provides exceptional visibility and presence, making the property well-suited for a wide range of future commercial, mixed-use, or residential concepts.The site is income-producing today, allowing for a covered land strategy while future plans are pursued. 4941 Prince William Parkway includes an existing residential dwelling currently leased at $3,000 per month, providing immediate cash flow. 4955 Prince William Parkway includes a large storage/utility structure, offering additional interim utility during the holding period.Located within the Government Center Activity Center, the property is guided by the County’s long-range planning vision supporting future mixed-use and office development, positioning the assemblage favorably for potential rezoning and redevelopment. The location benefits from close proximity to I-95, Route 234, major retail centers, and surrounding residential communities, further enhancing its long-term desirability.Potential future uses may include mixed-use, office, retail, medical, or residential infill development, subject to zoning and approvals. Assemblages of this size, frontage, and positioning along Prince William Parkway are increasingly scarce, making this a compelling opportunity for developers and investors seeking a high-visibility site with immediate income and long-term upside.
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