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    Cherry Ln Madison Heights, VA 24572

    For Sale
    $164,000

    Unimproved Land - Madison Heights, VA

    Type:Unimproved Land
    Lot size:
    12.97 Acres
    Days on Market:
    99
    Last Refresh:
    Dec 9 at 3:06 pm

    Property Features for Cherry Ln

    General Information

    Property type
    Other
    Property subtype
    Unimproved Land
    Standard status
    Active
    Lot size
    12.97 Acres

    Building Details

    Architectural style
    Other

    Long & Foster Real Estate (888) 536-0216

    Listing agent Mike Osei (888) 536-0216

    Listing date Sep 2, 2025

    MLS# 357405 Listing URL

    Copyright © 2025 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Undeveloped Land in Madison Heights

    This is approximately 12.97 acres of undeveloped land zoned R-2 for single-family residences. A preliminary site plan water/sewer layout for a subdivision was completed in 2011, though development did not proceed. The property is located in a well-established area and is close to stores, restaurants, schools, and banks, offering convenient access to amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Madison Heights
    County
    Amherst
    State
    Virginia
    Longitude
    -79.099456
    Latitude
    37.436489

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    FAQs

    What type of property is this?
    Land - Undeveloped land suitable for residential development in established Madison Heights area.
    Where is this land located?
    The property is located at Cherry Ln Madison Heights, VA.
    What is the asking price?
    The asking price for this property is $164,000.
    What are key features of this property?
    This property features: - Large +/-12.97 acre undeveloped land parcel.; - Zoned R-2 for single family residences.; - Preliminary site plan for subdivision completed in 2011 (water/sewer layout).
    (888) 536-0216
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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
    Cherry Ln Madison Heights, VA 24572
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