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    Stratford Pl Madison Heights, VA 24572

    Sponsored
    For Sale
    $1,348,500

    0.25-acre lot, prime location. Build your dream home.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.25-acre residential lot is situated in the desirable Stratford Place subdivision of Madison Heights, Virginia. Located in Amherst County, with the convenient address of Stratford Pl, zip code 24572, this property offers a fantastic opportunity to build a single-family home. The lot is zoned for residential single-family use, ensuring compliance with local regulations. The APN is 156H 3 42. Enjoy the convenience of nearby amenities, including Walmart and Monelison Middle School. For those seeking higher education, Liberty University is just a short 12-minute drive away. This property is part of a larger development with 40 lots planned, and currently, 4 lots are available. Amherst County water and sewer services are readily available. The asking price for this exceptional lot is $1,348,500. Don't miss this chance to build your dream home in a thriving community. The property's coordinates are latitude 37.45608 and longitude -79.1014487. New homes in the subdivision are priced from the high $200,000s, and other ¼-acre lots are priced from $56,900.

    Property Features for 0 Stratford Pl

    General Information

    Property type
    Land
    Lot Size
    10,890 SF

    HighLights

    • 0.25‑acre residential lot in Madison Heights, VA's desirable Stratford Place subdivision.
    • Located at Stratford Pl, 24572, Amherst County, with APN 156H 3 42.
    • Zoned for single‑family residential use.
    • Conveniently located near Walmart and Monelison Middle School; Liberty University is a 12‑minute drive.
    • One of four remaining lots in a 40‑lot planned development.
    • Amherst County water and sewer available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Madison Heights
    County
    Amherst
    State
    Virginia
    Longitude
    -79.1014487
    Latitude
    37.45608

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    FAQs

    What type of property is this?
    Land - 0.25-acre lot, prime location. Build your dream home.
    Where is this land located?
    The property is located at Stratford Pl Madison Heights, VA.
    What is the asking price?
    The asking price for this property is $1,348,500.
    What are key features of this property?
    This property features: 0.25-acre residential lot in Madison Heights, VA's desirable Stratford Place subdivision.; Located at Stratford Pl, 24572, Amherst County, with APN 156H 3 42.; Zoned for single-family residential use.
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    Stratford Pl 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
    Stratford Pl Madison Heights, VA 24572
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