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Mixed-Use Medical Office and Apartments

4064 James Madison Highway, Fork Union, VA 23055

For Sale
$1,000,000

A medical facility and four-unit residential building share a 3.19-acre parcel with B-1 zoning and highway frontage.

Property SizeContact for details
Lot Size3.19 Acres
Days on Market116

Property Features for 4064 James Madison Highway

General Information

Standard status Active
Total Parking Spaces 30
Lot size 3.19 Acres
Property subtype Commercial
Zoning B-1

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Condition Turnkey
Property Use Medical Office

Building Details

Year Built 1996
Buildings 2
Stories 1
Listing Agency: Joyner Fine Properties
Listed By: Wes Fertig · License #0225239142
Source: Colerealestateinc
Added: Jul 17 Changed: Nov 6 Last Checked: Nov 8 at 7:44AM

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 Fine Properties

Rey
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Investment Insights

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The 1996 property combines a medical office with a converted residential building containing four one-bedroom, one-bathroom units. The office includes nine exam rooms, a waiting area, nurses’ station, lab, physician and administrative offices, staff break room, and a separate suite. Central HVAC, ADA access, and parking for more than 30 vehicles are also noted. The residential building has a new roof and shared laundry; utilities are landlord-paid and not separately metered.

The property occupies 3.19 acres on James Madison Highway in Fork Union, Virginia, near Fork Union Military Academy. It is zoned B-1. The current physician is open to a partial leaseback during transition or relocation at closing. The transaction is for real estate only; the patient list is excluded.

Key Highlights

  • 3.19‑acre mixed‑use property on James Madison Highway in Fork Union
  • 1996 medical office with 9 exam rooms and a separate suite
  • Four 1BR/1BA residential units with shared laundry

Property Analytics

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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 Grocery & Convenience Store Auto Parts 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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby

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
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - A medical facility and four-unit residential building share a 3.19-acre parcel with B-1 zoning and highway frontage.
Where is this mixed-use property 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 $1,000,000.
What are key features of this property?
This property features: 3.19‑acre mixed‑use property on James Madison Highway in Fork Union; 1996 medical office with 9 exam rooms and a separate suite; Four 1BR/1BA residential units with shared laundry
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