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Commercial Land with Building

342 Morehead Avenue, Ridgeway, VA 24148

For Sale
$188,000

Commercial Sale, Ridgeway, VA

Property Size252 SF
Lot Size2.68 Acres
Price / SF$746.03
Days on Market390

Property Features for 342 Morehead Avenue

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 1
Rooms Bathroom 1
Subdivision Ridgeway
Standard status Active
Size 252 SF
Lot size 2.68 Acres

Building Details

Floors in Building 1
Listing Agency: Berry-Elliott, REALTORS
Listed By: Vicki Whitlow
Added: Oct 21, 2025 Changed: Nov 6 Last Checked: Nov 14 at 12:06AM
MLS# 145471

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.

Rey
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Investment Insights

Based on property information with market context.

This 2.68-acre commercial land property at 342 Morehead Avenue includes a building that could be used as an office. The property information also identifies one bathroom in the building.

The parcel is in Ridgeway, Virginia, in Henry County. Car sales, RV parking, insurance office use, and storage units are among the uses identified for the property.

Key Highlights

  • 2.68‑acre commercial land parcel
  • Building on site that could be used as an office
  • Address: 342 Morehead Avenue, Ridgeway, VA 24148

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - A 2.68-acre parcel includes a building that could accommodate office use.
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; Building on site that could be used as an office; Address: 342 Morehead Avenue, Ridgeway, VA 24148
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