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    150 River James Dr Madison Heights, VA 24572

    For Sale
    Contact for pricing

    1.68 Acres, High Visibility Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.68-acre commercial land parcel presents a remarkable opportunity for development in the thriving Madison Heights, Virginia market. Situated at 150 River James Drive, this property boasts a highly desirable location directly across from a Lowe's home improvement store, ensuring significant visibility and convenient access for potential businesses. The address is within Amherst County, Virginia, and uses the 24572 zip code. Its prime location offers excellent exposure to high traffic volume, making it ideal for a variety of commercial ventures. The expansive lot size provides ample space for construction of a substantial building, allowing for flexibility in design and functionality. This property is zoned for commercial use (specific zoning details should be independently verified). Given its size and strategic placement, this land parcel represents a rare investment opportunity with significant potential for substantial return. The property's coordinates are 37.4369822 latitude and -79.1234191 longitude. Serious inquiries are encouraged to explore the possibilities this exceptional location offers. This is a blank canvas for your next commercial endeavor. Act quickly, as opportunities like this are seldom available.

    Property Features for 150 River James Dr

    General Information

    Property type
    Land
    Lot Size
    73,181 SF

    HighLights

    • 1.68‑acre commercial land parcel in Madison Heights, VA.
    • High‑visibility location across from a Lowe's, offering excellent traffic exposure.
    • Amherst County, VA, 24572 zip code.
    • Ample space for substantial building construction.
    • Commercially zoned (buyer to verify).
    • Rare investment opportunity with high return potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison Heights
    County
    Amherst
    State
    Virginia
    Longitude
    -79.1234191
    Latitude
    37.4369822

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    FAQs

    What type of property is this?
    Land - 1.68 Acres, High Visibility Location
    Where is this land located?
    The property is located at 150 River James Dr Madison Heights, VA.
    What are key features of this property?
    This property features: 1.68-acre commercial land parcel in Madison Heights, VA.; High-visibility location across from a Lowe's, offering excellent traffic exposure.; Amherst County, VA, 24572 zip code.
    Request Owner's contact information
    150 River James Dr Madison Heights, VA 24572
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    Madison Heights, VA 24572
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    150 River James Dr Madison Heights, VA 24572
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