Building Details

Year Built 1988

Listing Agency: Elite Realty

Listed By: Trevor Gillispie · License #0225241780 Show Phone

Source: Kw

Added: May 31 Changed: Sep 4 Last Checked: Sep 4 at 5:50PM

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Investment Insights

Based on property information with market context.

This multifamily property was constructed in 1988 and includes a heat pump system. The property is located at 115 Northvail Drive in Madison Heights, Virginia 24572.

Key Highlights

• Multifamily property at 115 Northvail Drive, Madison Heights, VA 24572
• Built in 1988
• Heat pump system

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery Skin Care Clinic Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

85

Businesses Nearby

Explore this area Business Placement

Demographics for 24572, VA

16,399

Population

7,415

Households

2.2

Avg Household Size

43

Median Age

18%

College-Educated

90%

High-School Grad

66.3 sq mi

ZIP Area

247

Density / Sq Mi

$64,158

Median Household Income

$41,732

Median Earnings

$837

Median Rent

$187,300

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multifamily property with heat pump heating and cooling equipment.

Where is this multifamily property located?

The property is located at 115 Northvail Drive Madison Madison Heights, VA.

What are key features of this property?

This property features: Multifamily property at 115 Northvail Drive, Madison Heights, VA 24572; Built in 1988; Heat pump system