150 Riv James Rd Madison Hts Madison Heights, VA 24572
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.
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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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.