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4023 S Amherst Hwy, Madison Heights, VA 24572
1.26 acre commercial land parcel with high visibility.
Property Size1,400 SF
Lot Size1.26 Acres
Price / SF$160.71
Days on Market1114
Property Features for 4023 S Amherst Hwy
General Information
Standard status
Active
Size
1,400 SF
Class
A
Lot size
1.26 Acres
Property subtype
Land
Zoning
B-2 General Commercial
Building Details
Year Built
1960
Year Renovated
1980
Listing Agency:
Dominion Commercial
(434) 238-6460
Listed By:
Chip Duff · License #0225228873
Source:
Crexi
Added: Aug 15, 2023
Changed: Aug 24
Last Checked: Aug 28 at 9:17PM
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 Dominion Commercial
Investment Insights
Based on property information with market context.
This 1.26-acre commercial land parcel is located on the high-visibility U.S. Route 29 North corridor in Madison Heights, Amherst County, Virginia. Zoned B-2 General Business, the property benefits from primary road frontage and a high vehicular traffic count of over 30,000 vehicles per day. The topography is level, and the site is adjacent to Amelon Square Shopping Center. An existing older 1400 SF single-family brick home is on the site, which could be rehabbed or remodeled for retail or office use, such as a dentist, doctor, optician, or retail space. The home includes a full unfinished basement that offers storage possibilities. County water and sewer are adjacent to the site, making it suitable for office, retail, or service businesses.
Key Highlights
- High‑visibility location on U.S. Route 29 North with 30,000+ vehicles per day.
- 1.26 acre commercial land parcel zoned B‑2 General Business.
- Primary road frontage on a major corridor in Madison Heights.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
285
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
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Commercial land - 1.26 acre commercial land parcel with high visibility.
Where is this commercial land located?
The property is located at 4023 S Amherst Hwy Madison Heights, VA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: High‑visibility location on U.S. Route 29 North with 30,000+ vehicles per day.; 1.26 acre commercial land parcel zoned B‑2 General Business.; Primary road frontage on a major corridor in Madison Heights.
