Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Madison Heights, VA 24572

    • Commercial real estate
    • 0.45 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 07, 2024
    $30,250
    Location Intelligence
    Property ID
    US87-2851237
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details

    Lot size
    0.45 lot acres
    Zone code
    B2
    Property type
    Commercial real estate
    APN
    155 A 122A
    APU
    155A122A

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison Heights
    County
    Amherst
    State
    Virginia
    Longitude
    -79.1231
    Latitude
    37.4525
    CBSA code
    31340
    CBSA name
    LYNCHBURG, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $270
    $44,300
    $0.00
    $44,300
    -
    $44,300
    $0.00
    $44,300

    Comparable in this City

    • Value Estimation by Request
      10.14 Acres

      Madison Heights, VA 24572

      COMMERCIAL (GENERAL) • 10.14 Acres
      Madison Heights, VA 24572
      View Details
    • Value Estimation by Request
      0.69 Acres

      Madison Heights, VA 24572

      COMMERCIAL (GENERAL) • 0.69 Acres
      Madison Heights, VA 24572
      View Details
    • Value Estimation by Request
      3.59 Acres

      Madison Heights, VA 24572

      COMMERCIAL (GENERAL) • 3.59 Acres
      Madison Heights, VA 24572
      View Details
    • Value Estimation by Request
      1.00 Acre

      Madison Heights, VA 24572

      COMMERCIAL (GENERAL) • 1.00 Acre
      Madison Heights, VA 24572
      View Details
    • Value Estimation by Request
      1.38 Acres

      5347 Amherst Hwy

      COMMERCIAL (GENERAL) • 1.38 Acres
      5347 Amherst Hwy, Madison Heights, VA 24572-2072
      View Details
    • Value Estimation by Request
      2,400 SF

      1547 Dixie Airport Rd

      COMMERCIAL (GENERAL) • 2,400 SF
      1547 Dixie Airport Rd, Madison Heights, VA 24572-4905
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3.02 Acres

      Madison Heights Commercial Land Parcel

      Prime 3.02-Acre Commercial Lot
      150 Riv James Rd Madison Hts, Madison Heights, VA 24572
      View Details
    • $299,000
      1.24 Acres

      Madison Heights Commercial Land Parcel

      High-traffic, 1.24-acre commercial lot.
      4023 Amherst Hwy, Madison Heights, VA 24572
      View Details
    • Contact for pricing
      1.68 Acres

      Prime Madison Heights Commercial Land

      1.68 Acres, High Visibility Location
      150 River James Dr, Madison Heights, VA 24572
      View Details
    • $250,000
      0.60 Acres

      Madison Heights Commercial Land - $250K

      High-visibility corner lot, ideal for development.
      3609 Amherst Hwy, Madison Heights, VA 24572
      View Details
    • $110,000
      1,200 SF

      Office Condo Near Downtown Lynchburg

      1,200 SF office condo minutes from Downtown Lynchburg.
      5066 S Amherst Hwy, Madison Heights, VA 24572
      View Details
    • $1,200,000
      2.13 Acres

      Prime Commercial Land on Route 29

      2.129 acres of commercial/industrial land with high visibility on Route 29.
      4512 South Amherst Hwy, Madison Heights, VA 24572
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,950 SF

      Blockbuster Heights Shopping Center

      Madison Heights Retail Spaces Available
      4842 Amherst Hwy, Madison Heights, VA 24572
      View Details
    • $7 SF/Yr
      9,600 SF

      Madison Heights Commercial Building

      9,600 SF Flex/Warehouse, 1.34 Acres
      138 Amelon Expy, Madison Heights, VA 24572
      View Details
    • Contact for pricing
      2,700 SF

      Retail Space in Madison Heights

      Retail space available within established shopping center.
      161-179 Madison Heights Sq, Madison Heights, VA 24572
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Madison Heights, VA 24572
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.