Amherst Hwy Monroe, VA 24574
- Land
- 1.08 lot acres
Current Use by Public Records
- Land
Property Details for 0 Amherst Hwy
- Lot size
- 1.08 lot acres
- Property type
- Land
Description
This exceptional 1.083-acre vacant land parcel presents a remarkable investment opportunity in Monroe, Virginia. Strategically located on Route 29, just north of Downtown Madison Heights, this property enjoys high visibility and proximity to a variety of established retail and office businesses. Its prime location ensures excellent exposure for any commercial venture. The zoning allows for a wide range of uses, offering considerable flexibility for potential developers and investors. Permitted uses include, but are not limited to, medical facilities, office spaces, retail stores, daycare centers, car washes, breweries, commercial storage facilities, car and boat sales lots, and automotive businesses. The availability of public water significantly simplifies development plans, reducing upfront infrastructure costs and accelerating project timelines. This versatile parcel is ideally suited for entrepreneurs seeking a high-traffic location to establish their business or for investors looking for a strong return on investment in a thriving commercial area. The address is S Amherst Hwy, Monroe, VA 24574. This property is situated at latitude 37.5139763 and longitude -79.116142. The asking price for this exceptional opportunity is $118,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Amherst
- State
- Virginia
- Longitude
- -79.1161
- Latitude
- 37.514
