3209 James MadisonFork Union, VA 23055
- Motels
- 2,665 SF
Off market
$25,047,000 Estimated
Property Details for 3209 James Madison
- Year built
- 1958
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.50 AC
- Property size (Sq ft)
- 2,665 SF
- Zone code
- B-1
- Property type
- Motels
- APN
- 51 A 71A
- APU
- 51A71A
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $532,627
- 6.5%
- $491,656
- 7%
- $456,537
-
Comparable approach
- Method
- Valuation
- Relative Method
- $452,914
- Geo Method
- $452,914
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $1,283,280
- Retail / Commercial
- $662,589
- Mixed-Use / Specialty
- $663,797
- Office
- $663,573
- Institutional / Educational
- $691,358
- Residential Income
- $808,888
- Multifamily
- $950,342
- Automotive / Energy
- $592,592
- Parking / Income-Based Land
- $200,969
- Restaurant / Food Service
- $352,866
- Healthcare / Senior Housing
- $677,050
Location Insight
- City
- Fork Union
- County
- Fluvanna
- State
- Virginia
- Latitude
- 37.7545
- Longitude
- -78.2852
- 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
$1,220
$65,500
$79,000
$144,500
-
$65,500
$79,000
$144,500
Comparable in this City
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