590 Madison Rd Orange, VA 22960
- Commercial real estate
- 3,082 SF
- 9.68 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 590 Madison Rd
- Lot size
- 9.68 lot acres
- Property size
- 3,082 SF
- Property type
- Commercial real estate
Description
Exceptional 9.68-acre commercial land parcel in Orange, Virginia, strategically located on Route 15, directly across from the Food Lion-anchored Orange Village Shopping Center. This C-2 zoned property boasts over 580 feet of frontage on this main commercial thoroughfare, offering unparalleled visibility and accessibility. The site is ideally situated near newly developed residential subdivisions, ensuring a strong customer base. Currently featuring a 3,082 square foot upscale residence, the property presents multiple development possibilities. Its size and location make it perfect for a retail development with potential for multiple pad sites, or it could be repurposed as a bed and breakfast, event center, small winery, or farmette. The property's prime location between Charlottesville and Culpeper, and its proximity to the historic James Madison's Montpelier, adds significant appeal. This is a rare opportunity to acquire a large, high-visibility commercial parcel in a thriving Virginia town. The asking price is $2,500,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Orange
- County
- Orange
- State
- Virginia
- Longitude
- -78.1167602
- Latitude
- 38.2570829
