4842 Amherst Hwy Madison Heights, VA 24572-2478
This exceptional 1.47-acre commercial property presents a unique investment opportunity in the thriving Madison Heights, VA market. Located on a signalized corner of S. Amherst Highway (Business 29), this site boasts over 200 feet of high-visibility road frontage, ensuring maximum exposure for any business. The property is zoned B-2, allowing for a wide range of commercial uses. Currently featuring two existing buildings totaling 5,950 square feet, this site offers flexibility for a ground lease or a build-to-suit development. The existing structures provide immediate income potential or a foundation for expansion. The site's strategic location provides excellent access and visibility, enhanced by two convenient ingress/egress points. Furthermore, the property is drive-thru capable, making it ideal for businesses requiring this feature. This prime location offers significant potential for growth and return on investment, making it an attractive proposition for discerning investors and developers seeking a high-traffic, easily accessible site in a dynamic commercial area. The ample lot size and flexible zoning regulations provide a blank canvas for a variety of commercial ventures. Don't miss this chance to secure a prominent location in a rapidly developing market.
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S&J Pita & more Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
B2 · Madison Heights, VAMadison Heights. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.