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    1358 S Coolwell Rd Madison Heights, VA 24572

    For Sale
    $285,000

    12.9-acre property with horse barn, indoor arena, pastures.

    Lot size:
    12.91 Acres

    Property Features for 1358 S Coolwell Rd

    General Information

    Lot size
    12.91 Acres

    Building Details

    Year built
    1939

    Source: MONTAGUE, MILLER & CO. - AMHERST Agent LYNN BOWLING

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    12.9 Acres Mini Farm Potential

    This 12.9-acre property includes a horse barn, an indoor arena, and open pastures. Distant views of the Blue Ridge Mountains can be seen from the property. The home features hardwood floors, a heat pump, and new windows. An 8 x 33 covered front porch and a 12 x 12 deck are present. Located between Amherst and Madison Heights with easy access to 29, this property is being sold AS IS and offers mini farm potential.
    Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Auto Repair Shop Auto Parts Store Computer & Electronic Repair Bed & Breakfast Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison Heights
    County
    Amherst
    State
    Virginia
    Longitude
    -79.09995
    Latitude
    37.501194

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    FAQs

    What type of property is this?
    Horse & equestrian property - 12.9-acre property with horse barn, indoor arena, pastures.
    Where is this horse & equestrian property located?
    The property is located at 1358 S Coolwell Rd Madison Heights, VA.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - 12.9-acre property ideal for horses.; - Includes a horse barn and indoor arena.; - Features open pastures and distant Blue Ridge Mountain views.
    (434) 941-3126
    Request Owner's contact information
    1358 S Coolwell Rd Madison Heights, VA 24572
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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
    1358 S Coolwell Rd Madison Heights, VA 24572
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