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Commercial Land Near Retail Anchor
For Sale
$188,000

342 Morehead Avenue, Ridgeway, VA 24148

Land, Ridgeway, VA

Property SizeContact for details
Lot Size2.68 Acres
Days on Market2520

Property Features for 342 Morehead Avenue

General Information

Property type Land
Property subtype Other
Subdivision Ridgeway
Standard status Active
Lot size 2.68 Acres
Listing Agency: Berry-Elliott, REALTORS
Listed By: Vicki Whitlow
Added: Oct 3, 2019 Changed: Aug 20 Last Checked: Aug 26 at 2:06AM
MLS# 134026

Copyright © 2026 Martinsville, Henry, Patrick Counties Association of Realtors. 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 2.68-acre commercial land offering is located at 342 Morehead Avenue in Ridgeway, Virginia. The parcel sits near a Dollar General store and is positioned along a developed local commercial corridor.

The property is identified as suitable for business concepts including car sales, RV sales or storage, storage units, and an insurance office. Other small-business applications may also be considered based on the intended use and applicable approvals. The site is in Henry County and carries a 24148 postal code.

Key Highlights

  • 2.68‑acre commercial land parcel
  • Located at 342 Morehead Avenue, Ridgeway, VA 24148
  • Near a Dollar General store

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Hair Salon Plumbing Service Big Box & Wholesale Store Grocery & Convenience Store Spa & Massage Center

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

72
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
6,729 visits/mo 0.1 miles
BP Shops & Services
2,720 visits/mo 0.4 miles

Demographics for 24148, VA

7,633
Population
3,876
Households
2
Avg Household Size
47
Median Age
16%
College-Educated
86%
High-School Grad
70.9 sq mi
ZIP Area
108
Density / Sq Mi
$54,155
Median Household Income
$36,671
Median Earnings
$770
Median Rent
$131,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land along Morehead Avenue with potential for several small-business uses.
Where is this commercial land located?
The property is located at 342 Morehead Avenue Ridgeway, VA.
What is the asking price?
The asking price for this property is $188,000.
What are key features of this property?
This property features: 2.68‑acre commercial land parcel; Located at 342 Morehead Avenue, Ridgeway, VA 24148; Near a Dollar General store
More about this property
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