Property profile

138 Amelon Expy Madison Heights, VA 24572

OFF-MARKET
Warehouses
9,600 SF 1.34 ac lot Built 1979
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Property summary

AI-generated overview

This exceptional 9,600 square foot commercial building, situated on a 1.34-acre lot in Madison Heights, Virginia, presents a unique investment opportunity. Built in 1979 and extensively renovated in 2024, this single-tenant property boasts a flexible layout ideal for various uses, including retail, industrial, or special purpose businesses. The building features a substantial 120' x 80' footprint, complemented by a 1,920 square foot mezzanine area, providing ample storage or office space. High ceilings, ranging from 24 to 28 feet, offer significant vertical clearance. Access is convenient with six loading docks, five dock-high doors, and one drive-in door. The property also includes approximately 720 square feet of finished space with two restrooms. Robust power is provided by a 600A, 480v, 3ph electrical system. Strategically located on Amelon Expressway, with 250 feet of frontage, this property enjoys high visibility and easy access to South Amherst Highway (U.S. 29). Its B-2 General Commercial zoning allows for a diverse range of businesses. The property's prime location is adjacent to Sheetz and across from a Food Lion shopping center, ensuring high traffic and customer visibility. The seller is open to negotiating tenant improvement allowances. The property's APN is 148G-1-13A-15A, 16-20, and is located in Amherst County, VA, zip code 24572.

Property profile

Verified
Property type Warehouses
Year built 1979
Total area 9,600 SF
Lot 1.34 ac (58,370 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

138 Amelon Expy Madison Heights, VA 24572
Madison Heights metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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