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    3362 S Amherst Hwy Monroe, VA 24574

    For Sale
    $125,000

    Commercial/Indust - Monroe, VA

    Lot size:
    1.60 Acres
    Days on Market:
    79
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 3362 S Amherst Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B2
    Lot size
    1.60 Acres

    Utilities

    Heating system
    Oil
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1949
    Flooring type
    Wood
    Roof type
    Composition
    Architectural style
    Other

    Mary Snow Realty (434) 258-5860 [email protected]

    Listing agent Mary Snow (434) 258-5860 License #0225019177

    Listing date Sep 19, 2025

    MLS# 351968 Listing URL

    Copyright © 2025 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property in Monroe, Virginia

    This commercial property is zoned B2 and situated in a highly visible location next to the Monroe Post Office. The property features a large corner lot with frontage on both Highway 29 South and Woodrow Avenue. A vintage home, most recently used as an antique store, is located on the premises. Public water is available. The lot size is 1.6 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Realty agency Spa & Massage Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store Food Market Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Amherst
    State
    Virginia
    Longitude
    -79.12482
    Latitude
    37.491146

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    FAQs

    What type of property is this?
    Storefront property - Commercial B2 property in a highly visible location.
    Where is this storefront property located?
    The property is located at 3362 S Amherst Hwy Monroe, VA.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Prime Commercial B2 Property; - Highly visible location next to the Monroe Post Office; - Large Corner Lot with frontage on both Hwy 29 South and Woodrow Avenue
    (434) 258-5860
    Request Owner's contact information
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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
    3362 S Amherst Hwy Monroe, VA 24574
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