One Acre Lot with
For Sale
$79,000
137 Cherry Lane, Madison Heights, VA 24572
LAND - Madison Heights, VA
Property SizeContact for details
Lot Size1.00 Acre
Days on Market531
Property Features for 137 Cherry Lane
General Information
Property type
Land
Property subtype
Other
Elementary school
Amelon Elem
Middle school
Monelison Midl
High school
Amherst High
Elementary school district
Amherst
Middle school district
Amherst
High school district
Amherst
Standard status
Active
Lot size
1.00 Acre
Listing Agency:
Lynchburg
(434) 316-6100
Listed By:
Mike Osei
(434) 316-6100
Added: Feb 24, 2025
Changed: Aug 1
Last Checked: Aug 9 at 2:06PM
MLS# 357406
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This one-acre lot features a poured cement foundation. Plans were previously drawn up for the construction of a two-story home, including a three-car garage and a full unfinished basement with high ceilings. Previous soil work has been completed for septic. The property is suitable for building a home or potential development, along with the additional 12.97 acres that surround the property on a separate parcel for sale.
Key Highlights
- Large 1‑acre lot ideal for building
- Existing poured cement foundation in place
- Plans for a two‑story home with a 3‑car garage and full unfinished basement are available
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
47
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - One acre lot with foundation in Madison Heights, Virginia.
Where is this land located?
The property is located at 137 Cherry Lane Madison Heights, VA.
What is the asking price?
The asking price for this property is $79,000.
What are key features of this property?
This property features: Large 1‑acre lot ideal for building; Existing poured cement foundation in place; Plans for a two‑story home with a 3‑car garage and full unfinished basement are available
