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    150 Riv James Rd Madison Hts Madison Heights, VA 24572

    Sponsored
    For Sale
    Contact for pricing

    Prime 3.02-Acre Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.02-acre commercial land parcel presents a unique investment opportunity in the thriving Madison Heights, Virginia market. Strategically located at 150 River James Road, 24572, this property enjoys a highly desirable location adjacent to a Lowe's home improvement store, ensuring high visibility and convenient access for potential businesses. The expansive lot offers significant development potential, suitable for a wide range of commercial ventures. Its prime location within Madison Heights provides easy access to major transportation routes, ensuring excellent connectivity for employees and customers alike. The address is precisely 150 River James Road, Madison Heights, Virginia, 24572, with GPS coordinates of 37.4295294 latitude and -79.1250158 longitude. This property is classified as commercial land and presents a blank canvas for ambitious developers seeking to capitalize on the area's robust economic growth. The size of the lot, 3.02 acres, allows for substantial building plans and ample parking. The proximity to a major retailer like Lowe's further enhances the property's appeal and potential for attracting a diverse range of businesses. Serious inquiries are encouraged to explore the possibilities this exceptional commercial land parcel offers. This is a rare opportunity to acquire a significant piece of land in a prime location with excellent potential for future development and return on investment.

    Property Features for 150 Riv James Rd Madison Hts

    General Information

    Property type
    Land
    Lot Size
    131,551 SF

    HighLights

    • 3.02‑acre commercial land parcel.
    • Located in Madison Heights, Virginia.
    • Situated adjacent to a Lowe's store.
    • Address: 150 River James Road, Madison Heights, VA 24572.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Madison Heights
    County
    Amherst
    State
    Virginia
    Longitude
    -79.1250158
    Latitude
    37.4295294

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    FAQs

    What type of property is this?
    Land - Prime 3.02-Acre Commercial Lot
    Where is this land located?
    The property is located at 150 Riv James Rd Madison Hts Madison Heights, VA.
    What are key features of this property?
    This property features: 3.02-acre commercial land parcel.; Located in Madison Heights, Virginia.; Situated adjacent to a Lowe's store.
    Request Owner's contact information
    150 Riv James Rd Madison Hts 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 Riv James Rd Madison Hts Madison Heights, VA 24572
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