Madison County property record for 140 Fairground Rd, Madison, VA 22727
| Property Type | Commercial |
|---|---|
| Details | 0.5 ba · 4,560 sqft · built 1979 |
| Lot Size | 4.98 acres (217,016 sqft) |
| Owner | Company Name on File |
| Last Sale | $250,000 (Aug 2009) |
| Tax Bill | $3,813 (2026) |
| Deeds & Mortgages | Aug 2017 Construction Loan |
| Flood Zone | Zone X (minimal risk) |
| APN | 48-50B |
| Primary APN | 48-50B |
|---|---|
| Alternative APN |
|
| Full Baths | 0.5 Baths |
|---|---|
| Half Baths | 1 Half Bath |
| Stories | 1 Story |
| Building Area | 4,560 sqft Total Area |
| Flooring | Concrete/Cement |
| Interior Walls | Block |
| Year Built | Built 1979 |
|---|---|
| Effective Year Built | Effective 1979 |
| Exterior Material | Concrete Block |
| Roof Type | Gable |
| Roof Material | Composition Shingle |
| Lot Area | 217,016 sqft (4.98 acres) |
| Terrain | Rolling |
| Shed | 1 Shed |
| Shed Area | 360 sqft |
| Cooling System | None |
|---|---|
| Heating System | Forced Air with A/C |
| Heating Fuel | Oil |
| Sewer | Septic |
| Water Source | Well |
| Account Number | 3176 |
|---|---|
| Street Address | 140 FAIRGROUND RD |
| City | MADISON |
| State | VA |
| Zip | 22727-3078 |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Local Zoning Code | M2 |
| Legal Description | IN 130002125 4.982 AC 48-50B RT 687 |
| Jurisdiction | MADISON VA |
| Township / Civil Division | RAPIDAN |
| Census Block Group | 1 |
| Census Block | 1084 |
| Census Tract | 930201 |
140 Fairground Rd, a commercial property, is owned by a company that bought it in August 2009.
Source: Madison County records, as of August 28, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 140 FAIRGROUND RD, MADISON, VA 22727-3078 |
| Owner Type | Company |
| Vesting | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Aug 19, 2009 · Amount on File |
| Deed Sale | Aug 19, 2009 · Amount on File |
| Deed Document Number | 20091453 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MADISON VA |
| Property Address | 140 FAIRGROUND RD, MADISON, VA 22727-3078 |
| Transaction Type | Mortgage |
| Record Updated | Dec 14, 2023 |
| Name | Verified Name |
|---|
| Document Number | 0170001219 |
|---|---|
| Date | Aug 17, 2017 |
| Instrument | 170001219 |
| Name | VIRGINIA COMMUNITY BANK |
|---|---|
| Type | Bank |
| Address | LOUISA, VA 23093 |
| Type | Construction Mortgage |
|---|---|
| Amount | Amount on Record |
The 2026 property tax bill for 140 Fairground Rd was $3,813.
Source: Madison County assessment roll, as of August 28, 2026
| Type | Name |
|---|---|
| State | Virginia |
| County | Madison County |
| Unified School District | Madison County Public Schools (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $3,813.00 | $719,500 Land $249,100 Building $470,400 | $719,500 Land $249,100 Building $470,400 |
| 2023 | $5,051.00 | $682,600 Land $249,100 Building $433,500 | $682,600 Land $249,100 Building $433,500 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 140 Fairground Rd in Zone X, an area of minimal flood risk.
Source: FEMA National Flood Hazard Layer, effective April 29, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Policies | 4 in force |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire risk around 140 Fairground Rd is low, with a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 80% of the US · lower than 71% of Virginia |
|---|---|
| Wildfire Likelihood | 0.01% annual chance |
| Exposure | Direct burnable vegetation |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: FCC Broadband Data Collection, based on 15 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 1,200 / 35 |
| Verizon Fixed Wireless | 300 / 20 |
| Virginia Broadband Fixed Wireless · not low latency | 100 / 25 |
May also be available: T-Mobile.
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