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    Property profile & analytics

    650 Madison Ave Cape Charles, VA 23310-2802

    • Distribution centers
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US87-3125982
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wendell Distributing Co / Beverage Distributor

    Property Details for 650 Madison Ave

    Year built
    1940
    Lot size
    1.00 lot acres
    Property type
    Distribution centers
    APN
    83A3-1-228B
    APU
    83A31228B

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cape Charles
    County
    Northampton
    State
    Virginia
    Longitude
    -76.0113
    Latitude
    37.2709

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,764
    $175,000
    $320,200
    $495,200
    -
    $175,000
    $320,200
    $495,200

    Comparable in this City

    • Value Estimation by Request
      6.51 Acres

      27502 Seaside Rd

      MANUFACTURING (LIGHT) • 6.51 Acres
      27502 Seaside Rd, Cape Charles, VA 23310
      View Details
    • Value Estimation
      $300,000
      1.45 Acres

      2218 Stone Rd

      MINI-WAREHOUSE, STORAGE • 1.45 Acres
      2218 Stone Rd, Cape Charles, VA 23310-2708
      View Details
    • Value Estimation by Request
      0.80 Acres

      5335 Simpkins Dr

      MANUFACTURING (LIGHT) • 0.80 Acres
      5335 Simpkins Dr, Cape Charles, VA 23310
      View Details
    • Value Estimation by Request
      2.00 Acres

      Cape

      MINI-WAREHOUSE, STORAGE • 2.00 Acres
      Cape, Charles, VA 23310
      View Details
    • Value Estimation
      $310,000
      5.00 Acres

      22436 Jct Ln

      MANUFACTURING (LIGHT) • 5.00 Acres
      22436 Jct Ln, Cape Charles, VA 23310
      View Details
    • Value Estimation
      $225,000
      0.97 Acres

      26475 Lankford Hwy

      WAREHOUSE, STORAGE • 0.97 Acres
      26475 Lankford Hwy, Cape Charles, VA 23310-5601
      View Details

    Similar Nearby for Sale

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      Versatile commercial property with highway frontage near Cape Charles, VA.
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    • $50,000
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    650 Madison Ave
    Cape Charles, VA 23310-2802
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    Realmo Value Estimation

    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.

    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.

    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
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