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Medical Office with 4-Unit Rental
For Sale
$1,060,000

4064 James Madison Highway, Fork Union, VA 23055

CommercialSale, Fork Union, VA

Property SizeContact for details
Lot Size3.19 Acres
Days on Market37

Property Features for 4064 James Madison Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning description B-1
Parking 30
Accessibility Accessible Approach with Ramp
Lot features Level
Subdivision 228 - Fluvanna
Standard status Active
APN 51-A-93
Lot size 3.19 Acres

Taxes and HOA fees

Tax Description DB 478-493 AC 3.192
Legal Description DB 478-493 AC 3.192

Utilities

Sewer type Septic Tank
Heating system Heat Pump (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1996
Floors in Building 2
Building materials MetalSiding, VinylSiding
Roof type Shingle
Architectural style Other
Listing Agency: Joyner Fine Properties
Listed By: Wes Fertig · License #0225239142
Added: Jul 17 Changed: Aug 21 Last Checked: Aug 22 at 6:06PM
MLS# 2619610

Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1996 medical office property includes a large waiting room, nine exam rooms, a nurses’ station, staff work area, laboratory, physician and administrative offices, break room, reception and checkout area, and a separate suite. Central HVAC, an accessible approach with ramp, public water, septic service, and parking for 30+ vehicles support continued clinical use. The sale is for real estate only, and the patient list is excluded.

A separate four-unit residential building is located behind the office. Each apartment has one bedroom and one bathroom, with shared laundry facilities; all four units are occupied. The building has a new roof, while utilities are currently landlord-paid and not separately metered. The property comprises 3.192 acres at 4064 James Madison Highway in Fork Union, with highway frontage and proximity to Fork Union Military Academy.

Key Highlights

  • 3.192‑acre property at 4064 James Madison Highway, Fork Union, VA 23055
  • 1996 medical office with 9 exam rooms and a separate suite
  • Four occupied 1BR/1BA residential units with shared laundry

Property Analytics

Current Use

Fork Union Medical ... Medical Clinic Dr. Randolph E. ... Pediatrician Rebecca Mayo-Pitts Foster Care Service Dr. Linda F. ... Physician University of Va Medical ... University

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Auto Repair Shop Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby
Well-served
Demand for This Use

Demographics for 23055, VA

831
Population
548
Households
1.5
Avg Household Size
47
Median Age
51%
College-Educated
88%
High-School Grad
14.0 sq mi
ZIP Area
59
Density / Sq Mi
$53,725
Median Household Income
$32,352
Median Earnings
$159,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Purpose-built healthcare facility paired with occupied residential units, highway frontage, accessible design, and on-site parking.
Where is this medical office space located?
The property is located at 4064 James Madison Highway Fork Union, VA.
What is the asking price?
The asking price for this property is $1,060,000.
What are key features of this property?
This property features: 3.192‑acre property at 4064 James Madison Highway, Fork Union, VA 23055; 1996 medical office with 9 exam rooms and a separate suite; Four occupied 1BR/1BA residential units with shared laundry
More about this property
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