Property profile

3209 James Madison Hwy Fork Union, VA 23055

OFF-MARKET
Motels
Property ID
US87-2184646
2,665 SF 2.5 ac lot Built 1958
Entity Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1958
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,665 SF
Lot 2.5 ac (108,900 SF)
Zoning code B-1
APN 51 A 71A
UPID US87-2184646

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3209 James Madison Hwy Fork Union, VA 23055-2301
Fork Union metro Census 20300 CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2012
2 recorded transactions
2012
Price N/A
2012
$36,750

Zoning & alternative use

B-1 · Fork Union, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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