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Equipped Medical Office
New
For Sale
$1,060,000

4064 James Madison Hwy, Fork Union, VA 23055

Built-out clinical space includes an on-site lab, equipment, and a fully leased four-unit residence.

Property Size4,778 SF
Price / SF$221.85
Days on Market7

Property Features for 4064 James Madison Hwy

General Information

Standard status Active
Size 4,778 SF
Class B
Property subtype Office - Medical Office

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Furnished Yes
Business Included Yes
Office Units 1

Amenities

on-site lab

Building Details

Building Size 4,778 SF
Year Built 1999
Owner Occupied Yes
Abandoned No
Listing Agency: Joyner Commercial
Listed By: Zachary Robbins · License #0225243866
Source: Commercialcafe
Added: Aug 25 Changed: Aug 30 Last Checked: Aug 31 at 1:24PM

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 Joyner Commercial

Investment Insights

Based on property information with market context.

The property includes 4,778 SF of built-out medical office space configured for an operating general practitioner’s practice. Existing equipment, an on-site laboratory staffed by a national diagnostic laboratory, and supporting infrastructure are included. The current physician may remain under a lease for part of the space or assist with the transition.

A separate four-unit multifamily residence is part of the property and is 100% leased, providing an established rental component. Additional raw land is included for future development or expansion. The property occupies a corner lot at 4064 James Madison Hwy in Fork Union, Virginia, along U.S. Highway 15, with ample on-site parking. Fork Union serves southern Fluvanna County and is within the Charlottesville Metropolitan Statistical Area.

Key Highlights

  • 4,778 SF of built‑out medical office space
  • On‑site lab staffed by a national diagnostic laboratory
  • Four‑unit multifamily residence is 100% leased

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

1
Office units
Turnkey business
Opportunity
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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Built-out clinical space includes an on-site lab, equipment, and a fully leased four-unit residence.
Where is this medical office space located?
The property is located at 4064 James Madison Hwy 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: 4,778 SF of built‑out medical office space; On‑site lab staffed by a national diagnostic laboratory; Four‑unit multifamily residence is 100% leased
More about this property
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