138 Amelon Expy, Madison Heights, VA 24572
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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