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Prime Commercial Land in Amherst
For Sale
$6,750,000

4159 S Amherst Hwy, Amherst, VA 24572

COMMERCIAL - Amherst, VA

Property Size990 SF
Price / SF$6,818
Days on Market95

Property Features for 4159 S Amherst Hwy

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-2
Subdivision -
Standard status Active
Size 990 SF

Building Details

Building materials Block
Architectural style Other
Listing Agency: Nolen Real Estate
Listed By: Thomas Nolen · License #0225047806
Added: May 29 Changed: Aug 4 Last Checked: Aug 31 at 9:06AM
MLS# 59742

Copyright © 2026 South Central 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 commercial land parcel in Amherst, Virginia, offers a total of 694.78 feet of frontage on Highway 29 and Amelon Road, with 400.95 feet on Highway 29 and 293.83 feet on Amelon Road. The frontage is highly usable and features two access points. The property is strategically located in the center of Madison Heights, adjoining Sheetz, Murphy's, and Walmart, and is across the road from restaurants. It is situated 2.5 miles from Highway 29 bypass exits South and North, 11 minutes from Main Street in Lynchburg, less than 20 minutes from Lynchburg airport, and 12 minutes from the town of Amherst. The topography of the land is level to gently rolling. An old home and shop are present on the property, but they are not in livable condition. The property is zoned B-2.

Key Highlights

  • High‑traffic location with 694.78' of frontage on Hwy 29 and Amelon Rd.
  • Zoned B‑2 for commercial use.
  • Two access points for convenient entry and exit.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Electrical Service Building Supply Auto Parts Store

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

284
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Large commercial parcel with extensive frontage on Highway 29.
Where is this commercial land located?
The property is located at 4159 S Amherst Hwy Amherst, VA.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: High‑traffic location with 694.78' of frontage on Hwy 29 and Amelon Rd.; Zoned B‑2 for commercial use.; Two access points for convenient entry and exit.
More about this property
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