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Property profile

1873 S Amherst Hwy Amherst, VA 24521

FOR SALE
Other commercial real estate
Property ID
US87-3085297
22,161 SF 15.26 ac lot Built 1973
Last sale Oct 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located in the Lynchburg submarket, the property was built in 1973 and comprises two tax parcels totaling 22.84 acres. It is zoned B-2 and includes a 27,411-square-foot auto dealership building with 174 surface parking spaces on site.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$1.63M
Assessed land$382k
Assessed improvement$1.25M
Effective rate0.61%

Value estimate

· Oct 2026
$530k
$477k – $583k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B2
JurisdictionAMHERST

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply9.1
Auto Parts Store8.6
Storage Facility8.5

Location

1873 S Amherst Hwy Amherst, VA 24521
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2077 Amherst, Amherst, VA 24521-3353 $240,000 May 2024 5,880 SF
555 Main, Amherst, VA 24521-2623 $215,000 May 2023 10,686 SF
480 Emmanuel Church, Amherst, VA 24521 $373,333 Nov 2022 4,800 SF
1404 Amherst, Amherst, VA 24521-4337 $250,000 Aug 2021 2,799 SF
335 Turner Crk, Amherst, VA 24521-4409 $450,000 Dec 2020 12,685 SF
112 Ebenezer, Amherst, VA 24521 $55,000 Dec 2020 5,510 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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