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Property profile & analytics
FOR SALE
Gas stations

1966 N Amherst Hwy Amherst, VA 24521

1,935 SF 2.4 ac lot Built 1955
Individually Owned Free & Clear
Property ID
US87-2619870
Property summary
AI-generated overview

This exceptional commercial property, located at 1966 N Amherst Highway in Amherst, VA, offers 1,935 square feet of versatile space on a 2.4-acre lot. The main structure features a spacious three-bay garage, ideal for various commercial uses. Two bays are within a 27x27 foot area, with an additional bay situated on the building's side. The property boasts a well-appointed office and waiting area, perfect for client interaction. A significant advantage is the separate entrance leading to a studio-style apartment, complete with a bathroom and kitchenette. This area offers flexible use, serving as additional storage or a comfortable living space. The property's prime location directly off Highway 29-BUS ensures high visibility and convenient access. The ample 2.4-acre lot provides significant expansion potential or ample parking. This unique property presents a rare opportunity to acquire a versatile commercial space with added residential potential in a desirable location. The combination of garage space, office area, and apartment makes this an attractive investment for a variety of business needs. Serious inquiries are encouraged to explore the full potential of this exceptional property.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1955
Total area 1,935 SF
Lot 2.4 ac (104,413 SF)
Zoning code A1
APN 67A 1 50
UPID US87-2619870
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
MELVIN TAYLOR
MELVIN TAYLOR
Zoning & alternative use
A1 · Amherst, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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