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Raw Land on James Madison
For Sale
$1,060,800
Pending

7503 James Madison Hwy, Gainesville, VA 20155

6.24 AC of raw land available for sale.

Property SizeContact for details
Lot Size6.24 Acres
Days on Market830

Property Features for 7503 James Madison Hwy

General Information

Standard status Pending
Lot size 6.24 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $2,330
Listing Agency: KELLER WILLIAMS REALTY/LEE BEAVER & ASSOC.
Listed By: EDWARD A. MARTIN · License #0225075345
Source: Corcoran
Added: Jun 6, 2024 Changed: Sep 11 Last Checked: Sep 12 at 7:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY/LEE BEAVER & ASSOC.

Investment Insights

Based on property information with market context.

This property features 6.24 acres of raw land situated along James Madison Highway (Route 15). A SUP (Special Use Permit) is in place for a religious institution and related facilities. Engineering studies are available from the seller. A plat is also available. Interested parties should consult county records and offices for specific questions about development and permitted uses.

Key Highlights

  • 6.24 AC of Raw Land with development potential.
  • Located along James Madison Hwy (Rt 15).
  • SUP exists for Religious Institution and Related Facilities.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Pharmacy Skin Care Clinic Cafe & Coffee Shop Nail Salon

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

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby

Demographics for 20155, VA

37,218
Population
12,833
Households
2.9
Avg Household Size
40
Median Age
55%
College-Educated
97%
High-School Grad
25.5 sq mi
ZIP Area
1,460
Density / Sq Mi
$154,531
Median Household Income
$71,853
Median Earnings
$2,648
Median Rent
$630,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - 6.24 AC of raw land available for sale.
Where is this commercial land located?
The property is located at 7503 James Madison Hwy Gainesville, VA.
What is the asking price?
The asking price for this property is $1,060,800.
What are key features of this property?
This property features: 6.24 AC of Raw Land with development potential.; Located along James Madison Hwy (Rt 15).; SUP exists for Religious Institution and Related Facilities.
More about this property
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