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    342 Morehead Ave Ridgeway, VA 24148

    For Sale
    $188,000

    Land - Ridgeway, VA

    Lot size:
    2.68 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 8 at 5:06 am

    Property Features for 342 Morehead Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    2.68 Acres

    Building Details

    Architectural style
    Other

    Berry-Elliott Realtors (276) 634-7657 [email protected]

    Listing agent Vicki Whitlow (276) 656-1111

    Listing date Oct 19, 2025

    MLS# 134026 Listing URL

    Copyright © 2025 Martinsville, Henry, Patrick Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ridgeway Land on Morehead Avenue

    Located on Morehead Avenue in Ridgeway, Virginia, this 2.68-acre parcel is positioned just before Dollar General. The property is suitable for various businesses, including car sales, RV park or sales, storage units, and insurance offices, as well as other types of small businesses. It is located in Henry County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Food Market Accounting Firm Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ridgeway
    County
    Henry
    State
    Virginia
    Longitude
    -79.857984
    Latitude
    36.576295

    FAQs

    What type of property is this?
    Commercial land - 2.68 acres in the heart of Ridgeway, Virginia.
    Where is this commercial land located?
    The property is located at 342 Morehead Ave Ridgeway, VA.
    What is the asking price?
    The asking price for this property is $188,000.
    What are key features of this property?
    This property features: - Prime location on Morehead Ave in the heart of Ridgeway.; - 2.68-acre lot suitable for various business ventures.; - High-traffic location near Dollar General.
    (276) 656-1111
    Request Owner's contact information
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    Ridgeway, VA 24148
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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
    342 Morehead Ave Ridgeway, VA 24148
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