Level Commercial
For Sale
$450,000
5216 S Amherst Hwy, Madison Heights, VA 24572
Level commercial parcel with public water, public sewer, and General Commercial zoning.
Property SizeContact for details
Days on Market8
Property Features for 5216 S Amherst Hwy
General Information
Standard status
Active
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$2,300
Listing Agency:
Coldwell Banker Commercial Read & Company
(434) 455-2285
Listed By:
Richard L Read · License #0225002576
(434) 847-7741
Source:
Exprealty
Added: Sep 16
Changed: Sep 22
Last Checked: Sep 22 at 1:51PM
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 Coldwell Banker Commercial Read & Company
Investment Insights
Based on property information with market context.
This level commercial land parcel is located along Business 29, also identified as South Amherst Hwy. The site has access to public water and sewer and carries General Commercial zoning, supporting a range of commercial land-use possibilities under the stated designation.
The property is near Lynchburg’s Central Business District and situated close to Lowe’s, Food Lion, fast-food operators, and other retail businesses. An existing lease remains in place through September 2027; lease terms are available through the agent.
The property is near Lynchburg’s Central Business District and situated close to Lowe’s, Food Lion, fast-food operators, and other retail businesses. An existing lease remains in place through September 2027; lease terms are available through the agent.
Key Highlights
- Level commercial land along Business 29 (South Amherst Hwy.)
- Public water and sewer available
- General Commercial zoning
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
143
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Level commercial parcel with public water, public sewer, and General Commercial zoning.
Where is this commercial land located?
The property is located at 5216 S Amherst Hwy Madison Heights, VA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Level commercial land along Business 29 (South Amherst Hwy.); Public water and sewer available; General Commercial zoning
