Property summary
This exceptional 16,200-square-foot industrial facility in Madison Heights, Virginia, presents a unique investment opportunity. Situated on a 5.4-acre lot with 500 feet of frontage on Dillard Road and convenient access to US Routes 130 and 29, this single-story, Class B building offers unparalleled flexibility. Built in 1974, the property features three suites, currently vacant, with a minimum divisible space of 3,200 square feet and a maximum contiguous space of 16,200 square feet. The building boasts a 23-foot ceiling height, three loading docks with three dock-high doors, and three drive-in doors, complemented by ample parking for 30 vehicles. Inside, discover 2,250 square feet of office space, three large warehouse bays, an employee breakroom, and a spacious employee bathroom with an industrial wash basin. The property is equipped with a robust 480-amp three-phase power system, a fire suppression system, and a dedicated fire department water supply outlet. Zoned M-1, this property is served by county water and a septic system. A large fenced-in loading and unloading area with a lay-down area provides additional operational advantages. This versatile space is ideal for manufacturing, warehousing, or distribution needs and offers significant potential for subdivision. The property's location in the Madison Heights submarket of Amherst County provides easy access to Lynchburg and Amherst. The APN is 155-A-91.
Property profile
VerifiedCap rate & NOI
Current use
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Gas Station
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
M1 · Madison Heights, VAZoning
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Zoning designation
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