Property summary
This exceptional investment opportunity presents a 1,922-square-foot ARKO convenience store located at 4623 S Amherst Hwy, Madison Heights, VA 24572. The property sits on a 0.845-acre lot and benefits from a prominent location in a dense retail corridor with high traffic volume exceeding 31,400 vehicles daily. The store is subject to a 12-year triple-net (NNN) lease, commencing June 21, 2023, and expiring June 30, 2035, leaving a substantial remaining lease term of approximately 10.6 years. … The current annual net operating income (NOI) is $97,871, with built-in annual rent increases of 1.50%. The asking price is $1,779,480, representing a 5.50% cap rate and a price per square foot of $925.85. The lease includes a corporate guarantee, ensuring tenant reliability. This investment offers significant tax advantages due to its eligibility for bonus and accelerated depreciation. Nearby national retailers include Walmart, Starbucks, KFC, McDonald's, Dairy Queen, Wendy's, Lowe's, Dunkin', Subway, Pizza Hut, Tidal Wave Auto Spa, Speedway, Wells Fargo, CVS, and Advance Auto Parts, further solidifying the property's strong location and potential for continued success. The property boasts excellent frontage along S Amherst Highway, maximizing visibility and accessibility. This is a turnkey investment opportunity with a secure, long-term lease and strong potential for return. 100% occupancy ensures immediate cash flow.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 328 SF
- Lot area
- 0.84 ac
- Year built
- 1969
- Stories
- 1
- APN
- 155B A 17
- Zoning
- B2
- Assessed value · 2024
- $402,100
- Annual tax · 2023
- $2,453
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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