Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11518 James Madison Hwy Gordonsville, VA 22942

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    128.7 Acres, Multi-Use Potential

    Property Features for 11518 James Madison Hwy

    General Information

    Property type
    Land
    Lot Size
    5,606,172 SF

    We can help!

    Listing Contact
    Todd Buttner
    Todd Buttner

    Listing Agency: Commonwealth Commercial Listing Agent: Todd Buttner

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 128.7-acre parcel presents a remarkable development opportunity in the thriving Zion Crossroads area of Louisa County, Virginia. Conveniently located off Interstate 64, this expansive land tract offers unparalleled accessibility and visibility. The property's zoning allows for a diverse range of development possibilities, including residential, retail, office, industrial, self-storage, and multifamily projects. The large acreage provides ample space for a significant-scale development, catering to a variety of needs and market demands. The flexibility of the property allows for the creation of individual parcels, providing options for phased development or individual sales. This prime location, combined with its versatility and size, makes this property an attractive investment for developers seeking a high-impact project in a rapidly growing region. The address is 11518 James Madison Hwy, Gordonsville, VA 22942. Detailed zoning information and potential development plans are available upon request. This is a truly unique opportunity to shape the future of Zion Crossroads.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ATM (Exxon) Auto Repair Shop Burger King Restaurant Exxon Gas Station

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Big Box & Wholesale Store Nail Salon Building Supply Hotel & Motel Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Gordonsville
    County
    Louisa
    State
    Virginia
    Longitude
    -78.217307900825
    Latitude
    37.973224337371

    Nearby Similar for Sale

    • $159,000
      3,500 SF

      Gordonsville Retail/Live-Work Opportunity

      3500 sq ft retail/live-work space with upgrades.
      117 Martinsburg Ave, Gordonsville, VA 22942
      View Details
    • $119,900
      0.44 Acres

      Land Near Lake Izac

      Land near Lake Izac with access to resort amenities.
      Glen Eagles Dr, Gordonsville, VA 22942
      View Details
    • $119,900
      0.59 Acres

      Land Near Lake Izac, Gordonsville

      Land near Lake Izac with resort amenities and outdoor activities.
      Glen Eagles Dr, Gordonsville, VA 22942
      View Details
    • $119,900
      0.45 Acres

      Land Near Lake Izac

      Land near Lake Izac with resort amenities and outdoor activities.
      Glen Eagles Dr, Gordonsville, VA 22942
      View Details
    • $870,000

      Specialty Property in Gordonsville, VA

      Specialty property available for sale in Gordonsville, Virginia.
      1342 James Madison Hwy, Gordonsville, VA 22942
      View Details
    • $525,000

      Gordonsville Specialty Property For Sale

      Specialty property available for purchase in Gordonsville, Virginia.
      19312 Briar Patch Dr, Gordonsville, VA 22942
      View Details
    • $44,999

      Specialty Property in Gordonsville, VA

      Specialty property available for sale in Gordonsville, Virginia.
      15 Tall Oaks Ln, Gordonsville, VA 22942
      View Details
    • $1,100,000

      Ridge Home with Mountain Views

      Custom home on fenced pasture land with mountain views.
      14372 Madison Run Rd, Gordonsville, VA 22942
      View Details
    • $2,800,000

      Gordonsville Agricultural Property For Sale

      Agricultural property available in Gordonsville, Virginia.
      2176 Lindsay Rd, Gordonsville, VA 22942
      View Details
    • $158,900

      New Single-Wide Home

      New 2 bed, 2 bath home with stainless steel appliances.
      15397 Knights Ct, Gordonsville, VA 22942
      View Details
    • $999,000
      131.30 Acres

      Gordonsville Golf Course Investment

      Prime 131-Acre Disc Golf Course & Development Land
      1944 Shenandoah Crossing Dr, Gordonsville, VA 22942
      View Details

    FAQs

    What type of property is this?
    Land - 128.7 Acres, Multi-Use Potential
    Where is this land located?
    The property is located at 11518 James Madison Hwy Gordonsville, VA.
    What are key features of this property?
    This property features: 128.7-acre commercial, industrial, and residential development land parcel in Gordonsville, VA.; Located at 11518 James Madison Hwy, Gordonsville, VA 22942, offering excellent I-64 access.; Zoned for diverse uses including residential, retail, office, industrial, and self-storage.
    (804) 793-0059 Call to check price and availability
    Request Owner's contact information
    11518 James Madison Hwy Gordonsville, VA 22942
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11518 James Madison Hwy
    Gordonsville, VA 22942
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    11518 James Madison Hwy Gordonsville, VA 22942
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Todd Buttner
    Todd Buttner
    Real Estate License ID: 0225246341
    (804) 793-0059 (410) 382-7109 (804) 346-4966
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!