701 Madison St Culpeper, VA 22701
- Commercial real estate
- 3,800 SF
- 1.16 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 701 Madison St
- Year built
- 1945
- Lot size
- 1.16 lot acres
- Property size
- 3,800 SF
- Property type
- Commercial real estate
Description
This exceptional 1.16-acre property at 701 Madison in Culpeper, Virginia, presents a unique commercial redevelopment opportunity. Currently improved with a 1.5-story single-family dwelling, the property offers significant potential for a variety of commercial uses. The existing structure, totaling 3,800 square feet, could be repurposed or demolished to accommodate a new build. The lot boasts approximately 180 feet of frontage on Madison Road, providing excellent visibility and accessibility. While currently zoned R-1 (Residential), the comprehensive plan designates this land for commercial use. The sale is contingent upon obtaining the necessary commercial rezoning. This prime location in Culpeper offers easy access to major transportation routes and a thriving local economy. The substantial lot size and prominent road frontage make this an ideal investment for developers seeking a high-impact commercial project. Detailed information regarding the rezoning process and potential uses is available upon request. This is a rare chance to acquire a strategically located parcel with significant upside potential in a growing market. Serious inquiries only. The property is priced at $595,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Culpeper
- County
- Culpeper
- State
- Virginia
- Longitude
- -78.0164
- Latitude
- 38.4572
