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Property profile & analytics
OFF-MARKET
Retail space

3362 Amherst Hwy Monroe, VA 24574-2114

2,772 SF 1.65 ac lot Built 1949
Individually Owned Absentee Owner Free & Clear
Property ID
US87-3056509
Property summary
AI-generated overview

This exceptional commercial property, located at 3362 S Amherst Hwy in Monroe, VA, presents a unique investment opportunity. Situated on a prominent 1.6-acre corner lot, the property boasts high visibility due to its location adjacent to the Monroe Post Office and frontage on both Hwy 29 South and Woodrow Avenue. The existing 2,772 square foot building, a vintage home, has been most recently utilized as an antique store, offering versatile potential for a variety of commercial uses. The property is serviced by public water, simplifying utility connections. The substantial lot size provides ample space for expansion, parking, or outdoor display areas, catering to a wide range of business needs. Its strategic location in a busy area ensures high traffic volume and excellent exposure for any commercial enterprise. This property is ideal for entrepreneurs seeking a well-established location with significant potential for growth and success. The combination of prime location, generous lot size, and existing building makes this an attractive proposition for investors and business owners alike. The property is offered at $199,900. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1949
Construction MIXED
Total area 2,772 SF
Lot 1.65 ac (72,005 SF)
Zoning code B2
APN 137 1 6
UPID US87-3056509
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mays Kevin
Mays Kevin
since 2026
1 recorded transaction
2026
$115,000
Zoning & alternative use
B2 · Monroe, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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