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    701 Madison St Culpeper, VA 22701

    For Sale
    $595,000

    1.16-Acre Lot, 3800 sq ft, R-1 Zoning

    Property size:
    3,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 1.16-acre property at 701 Madison in Culpeper, Virginia, presents a unique commercial redevelopment opportunity. Currently improved with a 1.5-story single-family dwelling, the property offers significant potential for a variety of commercial uses. The existing structure, totaling 3,800 square feet, could be repurposed or demolished to accommodate a new build. The lot boasts approximately 180 feet of frontage on Madison Road, providing excellent visibility and accessibility. While currently zoned R-1 (Residential), the comprehensive plan designates this land for commercial use. The sale is contingent upon obtaining the necessary commercial rezoning. This prime location in Culpeper offers easy access to major transportation routes and a thriving local economy. The substantial lot size and prominent road frontage make this an ideal investment for developers seeking a high-impact commercial project. Detailed information regarding the rezoning process and potential uses is available upon request. This is a rare chance to acquire a strategically located parcel with significant upside potential in a growing market. Serious inquiries only. The property is priced at $595,000.

    Property Features for 701 Madison St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,800 SF
    Lot Size
    50,530 SF

    Building Details

    Year Built
    1945
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Culpeper
    County
    Culpeper
    State
    Virginia
    Longitude
    -78.01641
    Latitude
    38.45719

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    FAQs

    What type of property is this?
    Commercial real estate - 1.16-Acre Lot, 3800 sq ft, R-1 Zoning
    Where is this commercial real estate located?
    The property is located at 701 Madison St Culpeper, VA.
    What is the asking price?
    The asking price for this property is $595,000.
    (540) 825-3400
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    701 Madison St Culpeper, VA 22701
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