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    21611 James Madison Hwy Zion Crossroads, VA 22942

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    For Sale
    Contact for pricing

    128.7-acre mixed-use development site with retail and multi-family potential.

    Lot size:
    128.70 Acres

    Property Features for 21611 James Madison Hwy

    General Information

    Lot size
    128.70 Acres

    Source: Commonwealth Commercial Agent Jim Mcvey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Development Site Available

    This 128.7-acre mixed-use development site is located 13 miles east of Charlottesville and 56 miles west of Richmond, Virginia. The property has frontage on Interstate 64, James Madison Highway/US Route 15, and 250. Existing retail on the site is 100% leased. The property offers a multi-family development opportunity. It is located near a high-volume Walmart Supercenter and Distribution Center, as well as Lowe's, McDonald's, Burger King, Arby's, Taco Bell, and Sheetz. The property is zoned C-2, and public sewer and water are available on site.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Zion Crossroads
    County
    Orange
    State
    Virginia
    Longitude
    -78.1848794
    Latitude
    38.1429115

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    FAQs

    What type of property is this?
    Land - 128.7-acre mixed-use development site with retail and multi-family potential.
    Where is this land located?
    The property is located at 21611 James Madison Hwy Zion Crossroads, VA.
    What are key features of this property?
    This property features: - 128.7± acre mixed-use development site with frontage on Interstate 64, James Madison Highway/US Route 15 and 250.; - Multi-family development opportunity.; - Located 13 miles east of Charlottesville & 56 miles west of Richmond, VA.
    (804) 346-4966
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    21611 James Madison Hwy Zion Crossroads, VA 22942
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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
    21611 James Madison Hwy Zion Crossroads, VA 22942
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