Adam Fried Of Atlantic Builders Acquires Land At 138 Park Farm Lane For $8.5M
138 Park Farm Lane
$8,500,000
Building Size
—
Asset Type
Land
Closing
Sep 2, 2025
About this deal
AI
A land transaction involving 747 acres located at 138 Park Farm Lane in Fredericksburg, VA, was completed with a sale price of $8,500,000. The property is situated in Stafford County.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $8,500,000
- Buyer: Adam Fried - Atlantic Builders
- Seller: K.J. Commercial Company
- Broker: Wilson H. Greenlaw - Cushman & Wakefield
Adam Fried represented Atlantic Builders in the acquisition, while K.J. Commercial Company acted as the seller in the transaction. Wilson H. Greenlaw from Cushman & Wakefield facilitated the deal for the buyer.
On the Map
$8,500,000
Land
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93