11518 James Madison Hwy Gordonsville, VA 22942
- Commercial real estate
- 1.33 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 11518 James Madison Hwy
- Year built
- 1992
- Lot size
- 1.33 lot acres
- Property type
- Commercial real estate
- APN
- 51 33
- APU
- 5133
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $505,000
- 6.5%
- $480,000
- 7%
- $460,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $390,000
- Geo Method
- $400,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $510,000
- Retail
- $490,000
- Mixed-Use
- $540,000
- Hospitality
- $435,000
- Educational
- $485,000
- Residential Income
- $425,000
- Energy
- $490,000
- Income-Based Land
- $505,000
- Food Service
- $395,000
Location Insight
- Map
- Local Demand
- City
- Zion Crossroads
- County
- Louisa
- State
- Virginia
- Longitude
- -78.2176
- Latitude
- 37.9738
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA