521 Colony Rd Madison Heights, VA 24572

Listing agency Richmond k***@jll.com Show Phone

Listed by Kyle Vernon · License #522664 Show Phone

Source Property.jll

Added: Jun 28 Updated: Jul 22 at 11:17PM Checked: Jul 23 at 2:45AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Richmond

---

Investment Insights

Based on property information with market context.

The property is a 386-acre former Central Virginia Training Center campus in Amherst County, Virginia, originally established in 1910 as a state-run residential mental health facility. Operations ceased in 2020. The site includes approximately 90 buildings constructed between 1912 and 1989, totaling over 900,000 square feet, with a mix of uses and varying building conditions. Some structures and areas may be suitable for adaptive reuse, while others may be candidates for demolition to accommodate new construction.

The campus offers extensive James River frontage and views of downtown Lynchburg. Onsite services include three-phase electric, natural gas, water, and sewer. A Certificate of Public Need is available for 93 skilled nursing beds, and demolition assistance is noted as available. Additional resources compiled by Amherst County, including a concept plan and technical documentation, are available at trainingcentermasterplan.com. The property is identified as an Opportunity Zone.

Key Highlights

• 386‑acre Amherst County campus with extensive James River frontage and views of downtown Lynchburg
• Former Central Virginia Training Center (established 1910) ceased operations in 2020
• 90+ buildings built 1912–1989 totaling 900,000+ SF with diverse uses and conditions

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $3,300,000

  2,385 SF

  Corporate-Leased Restaurant Property

  Restaurant asset offered with a corporate long-term lease and stated 5.00% cap rate.

  4780 S. Amherst Hwy, Madison Heights, VA 24572

  View Details
• 

  $1,100,000

  4,600 SF

  Southern Greek Revival Estate

  Successful wedding venue and Bed & Breakfast on 3.43 acres.

  116 Winridge Dr., Madison Heights, VA 24572

  View Details
• 

  $995,000

  10,973 SF

  Multi-Tenant Office Building

  Multi-tenant office building on a 2.984-acre B-2 site with 42 surface parking spaces and excellent US 29 Business visibility.

  4262 S Amherst Hwy, Madison Heights, VA

  View Details
• 

  $268,900

  2,039 SF

  Renovated Duplex with Two Kitchens

  Updated duplex with new siding, HVAC, decks, and renovated interiors, offering two ready-to-occupy units.

  299 Ragland Road, Madison Heights, VA 24572

  View Details
• 

  $269,900

  2,039 SF

  Renovated Duplex with Two Units

  Updated duplex offers turnkey living with the option to offset expenses through rental of the second unit.

  299 Ragland Road, Madison Heights, VA 24572

  View Details
• 

  Contact for pricing

  2,983 SF

  Commercial Land with Radio Tower

  6.75-acre commercial/industrial parcel with a 2,983 SF building and radio tower, available for sale.

  181 Main St, Madison Heights, VA 24572

  View Details
• 

  $230,000

  1,004 SF

  Two-Unit Brick Duplex

  Well-kept two-unit brick duplex with separate upper and lower residences and shared laundry utilities.

  158 Martins Lane, Madison Heights, VA 24572

  View Details

FAQs

What type of property is this?

Nursing home - Large Amherst County campus with James River frontage, 90+ buildings, and utilities onsite for adaptive reuse or redevelopment.

Where is this nursing home located?

The property is located at 521 Colony Rd Madison Heights, VA.

What are key features of this property?

This property features: 386‑acre Amherst County campus with extensive James River frontage and views of downtown Lynchburg; Former Central Virginia Training Center (established 1910) ceased operations in 2020; 90+ buildings built 1912–1989 totaling 900,000+ SF with diverse uses and conditions