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Property profile & analytics
OFF-MARKET Estimated value $885,000
Banks

4482 Amherst Hwy Madison Heights, VA 24572-5388

2,520 SF 0.83 ac lot Built 1974
Individually Owned 1-yr Hold Free & Clear
Property ID
US87-3240712
Property summary
AI-generated overview

This exceptional 2,531 square foot office building, located at 4482 S. Amherst Hwy in Madison Heights, Virginia (zip code 24572), presents a compelling investment opportunity. Built in 1973, this traditional office space sits on a highly visible corner lot with a convenient drive-thru, previously occupied by a SunTrust branch. The property boasts 100% occupancy with a current lease extending until March 31, 2028, ensuring a stable income stream. The asking price is $890,000, translating to a price per square foot of $351.64. The property is zoned for business use (APN: 155 A 123) and offers significant potential for future growth within the thriving Madison Heights market. The building's strategic location and existing lease provide a strong foundation for a secure and profitable investment, offering a 6.25% cap rate. This is a rare opportunity to acquire a well-located, income-producing property in a dynamic market. The property's features, including its prominent corner location and drive-thru, make it an attractive asset for a variety of potential uses. Serious inquiries are encouraged.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1974
Total area 2,520 SF
Lot 0.83 ac (36,285 SF)
Zoning code B2
APN 155 A 123
UPID US87-3240712
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
Current use
Occupant on record · Public records
  • ATM (Suntrust Bank) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$915k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$885k
Owner & transaction history
Central Virginia Federal Credit Uni · 1 yrs held
Central Virginia Federal Credit Uni
since 2025
Last sale
$860,000
4 recorded transactions
2025
$860,000
2018
$820,000
2013
$660,950
2008
Price N/A
Zoning & alternative use
B2 · Madison Heights, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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