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4064 James Madison Hwy 4,778 SF Office Building Fork Union, VA 23055 $1,060,000 ($221.85/SF)
Investment Highlights
- 4,778 SF of fully built-out, fully equipped medical office space
- Additional raw land included for future development or expansion
- Four-unit multifamily residence, 100% leased — immediate rental income
Executive Summary
Fork Union Medical Offices — Turnkey Medical Practice + Income-Producing Multifamily
A rare opportunity for a medical practitioner to step into a fully built-out, fully equipped office and serve the Fork Union community from day one. This property offers 4,778 SF of medical office space, a four-unit multifamily residence, and additional raw land for future expansion — all on one high-visibility corner lot with ample parking.
Property Highlights:
4,778 SF of fully built-out, fully equipped medical office space
On-site lab staffed by a national diagnostic laboratory
Four-unit multifamily residence, 100% leased — immediate rental income
Additional raw land included for future development or expansion
High-visibility corner location with ample parking
Currently operating as a general practitioner's office, this is a true turnkey opportunity — the equipment, lab partnership, and infrastructure are already in place. The current physician is open to staying on to lease a portion of the space or assist with a smooth transition.
This is a fully operational medical practice — please contact the broker to schedule a private tour.
A rare opportunity for a medical practitioner to step into a fully built-out, fully equipped office and serve the Fork Union community from day one. This property offers 4,778 SF of medical office space, a four-unit multifamily residence, and additional raw land for future expansion — all on one high-visibility corner lot with ample parking.
Property Highlights:
4,778 SF of fully built-out, fully equipped medical office space
On-site lab staffed by a national diagnostic laboratory
Four-unit multifamily residence, 100% leased — immediate rental income
Additional raw land included for future development or expansion
High-visibility corner location with ample parking
Currently operating as a general practitioner's office, this is a true turnkey opportunity — the equipment, lab partnership, and infrastructure are already in place. The current physician is open to staying on to lease a portion of the space or assist with a smooth transition.
This is a fully operational medical practice — please contact the broker to schedule a private tour.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,778 SF
Building Class
C
Year Built
1999
Price
$1,060,000
Price Per SF
$221.85
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,778 SF
Building FAR
0.03
Lot Size
3.19 AC
Zoning
B-1 - Commercial
Parking
20 Spaces (4.19 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 51 A 93 | Improvements Assessment | $587,856 |
| Land Assessment | $93,300 | Total Assessment | $681,156 |
Property Taxes
Parcel Number
51 A 93
Land Assessment
$93,300
Improvements Assessment
$587,856
Total Assessment
$681,156
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Contact the Sale Advisor
4064 James Madison Hwy