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    Property profile & analytics

    James Madison Hwy Fork Union, VA 23055

    • Shopping centers
    • 14,101 SF
    • 9.34 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Location Intelligence
    Property ID
    US87-2041531
    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

    • Shopping centers

    Property Details for James Madison Hwy

    Year built
    1991
    Lot size
    9.34 lot acres
    Property size
    14,101 SF
    Zone code
    B-1
    Property type
    Shopping centers
    Property subtype
    Specialty properties
    APN
    51A 8 5
    APU
    51A85

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fork Union
    County
    Fluvanna
    State
    Virginia
    Longitude
    -78.2685
    Latitude
    37.7587
    CBSA code
    16820
    CBSA name
    CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA

    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
    $5,189
    $136,400
    $478,400
    $614,800
    -
    $136,400
    $478,400
    $614,800

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      15905 Riv Rd

      CHARITABLE ORGANIZATION • 1,200 SF
      15905 Riv Rd, Fork Union, VA 23055
      View Details
    • Value Estimation by Request
      5,000 SF

      Ww Riv Rd

      CHARITABLE ORGANIZATION • 5,000 SF
      Ww Riv Rd, Fork Union, VA 23055
      View Details
    • Value Estimation by Request
      0.23 Acres

      Fork

      CHARITABLE ORGANIZATION • 0.23 Acres
      Fork, Union, VA 23055
      View Details
    • Value Estimation by Request
      0.88 Acres

      Holmhead Cir

      CHARITABLE ORGANIZATION • 0.88 Acres
      Holmhead Cir, Fork Union, VA 23055
      View Details
    • Value Estimation by Request
      0.98 Acres

      Fork

      CHARITABLE ORGANIZATION • 0.98 Acres
      Fork, Union, VA 23055
      View Details
    • Value Estimation by Request
      2,004 SF

      Rivanna Woods Dr

      CHARITABLE ORGANIZATION • 2,004 SF
      Rivanna Woods Dr, Fork Union, VA 23055
      View Details

    Similar Nearby for Sale

    • $429,950

      Fork Union Specialty Property

      Specialty property for sale in Fork Union, Virginia.
      2171 E River Rd, Fork Union, VA 23055
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    • $219,900
      800 SF

      Retail Property on James Madison

      Retail space on busy highway with potential for various uses.
      8089 James Madison Hwy, Fork Union, VA 23055
      View Details
    • $1,225,000
      7,139 SF

      Medical Office & Multifamily Investment

      Turn-key investment opportunity with medical office and multifamily components.
      4064 James Madison Hwy, Fork Union, VA 23055
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    • $299,950
      33.90 Acres

      Riverfront Land in Fluvanna, VA

      Secluded 33.9-acre riverfront lot with 1,100+ feet of scenic riverbank.
      Bryants Ford Rd, Fork Union, VA 23055
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    James Madison Hwy
    Fork Union, VA 23055
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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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