Madison Road
Culpeper, VA 22701
MLS #CU10054086

Land
  • 64.99acres
$21,900,000
Est. P&I payment: $83643.16/mo
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Description for Madison Road, Culpeper, VA 22701
PRIME GATEWAY DEVELOPMENT OPPORTUNITY! 65 ACRES WITH HIGH TRAFFIC COUNTS & VISIBILITY (FRONTS MADISON RD AND ROUTE 29) OVERLOOKING LAKE PELHAM. PRICE REFLECTS HIGHEST & BEST USE AND WOULD REQUIRE A RE-ZONING FROM CURRENT R.E. ZONING. IDEAL LOCATION FOR COMMERCIAL SVCS, APTS, OFFICE PARK(S) AND HOTEL/CONVENTION POSSIBILITIES.
MLS #CU10054086
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My Notes for MLS #CU10054086

General Features

  • Property Type: Lot-Land
  • Lot Area Acre: 64.989991
  • Lot Size Area: 2,830,964
  • Zoning Code: RE
  • Building Permits: No Building Permits
  • Development Status: Raw Land
  • Potential Use: Commercial,​Mixed,​Office,​Residential,​Retail/Wholesale
  • Present Use: Land/Lot Only
  • Water Front: Y
  • Water Access: Yes
  • Water View: Yes
  • Body Of Water: LAKE PELHAM
  • Physical Dock Slip Conveys: No
  • Mean Low Water: 0+
  • Navigable Water: No
  • Non Power Boats Permitted: 6+
  • Property Against Water: Yes

Utilities Features

  • Heating Fuel: None
  • Sewer Septic: Public H/U Avail
  • Water: Public Hook Up Available

Financial Features

  • Total Taxes: 2,597.21
  • Total Taxes Payment Freq: Annually
  • City Town Tax: 337.3
  • City Town Tax Payment Freq: Annually
  • County Tax: 2,259.91
  • County Tax Payment Freq: Annually
  • Tax Year: 2017
  • Improvement Assessment Amount: 213,500
  • Improvement Assessment Payment Freq: Annually
  • Land Assessment Amount: 123,800
  • Land Assessment Payment Freq: Annually
  • Total Assessment: 337,300
  • Total Assessment Payment Freq: Annually
  • Assessment Year: 2017
  • Agricultural Tax Due: No

Community Features

School Features

  • Elementary School: A.G. RICHARDSON
  • High School: EASTERN VIEW
  • Middle School: FLOYD T. BINNS

Misc Features

  • Auction: N
  • Foreclosure: N
  • Potential Short Sale: No

Location

 
Street View Not Available
The listing information for Madison Road, Culpeper, VA 22701 was graciously provided by our friends at the listing brokerage, RE/MAX Crossroads

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P&I Payment $83643.16
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MRIS is the source of the listing information and listings are provided by various brokerages who participate in the MRIS IDX program. Listings provided by brokerages other than the owner of this website show the listing brokerage on the listing details page. This website is not an MLS nor does it represent the full data set of the MRIS Multiple Listing Service (MLS).
Last Updated 02/22/2018 at 12:00am
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