3609 Amherst Hwy Madison Heights, VA 24572
- Commercial real estate
- 1,431 SF
- 0.58 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3609 Amherst Hwy
- Year built
- 1939
- Construction
- BRICK
- Lot size
- 0.58 lot acres
- Property size
- 1,431 SF
- Zone code
- R2
- Property type
- Commercial real estate
- APN
- 138B A 20
- APU
- 138BA20
Description
This exceptional 0.6-acre commercial land parcel presents a remarkable investment opportunity in Madison Heights, Virginia. Situated at the highly visible corner of South Amherst Highway (US 29) and Coolwell Road, this property boasts approximately 273 feet of frontage on US 29 and 246 feet on Coolwell Road. The strategic location at a signalized intersection ensures maximum exposure and accessibility for any commercial venture. The property is zoned B-2 General Commercial, allowing for a wide range of development possibilities. County water and sewer services are readily available, simplifying the development process. This prime location is situated on a main commercial corridor within a rapidly redeveloping area of Madison Heights, promising significant future growth and return on investment. The parcel's address is 3609 S Amherst Hwy, Madison Heights, VA 24572, with the APN 138B-A-20. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving location. The asking price is $250,000.
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
- Madison Heights
- County
- Amherst
- State
- Virginia
- Longitude
- -79.1187
- Latitude
- 37.4833
- CBSA code
- 31340
- CBSA name
- LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
