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    Madison Heights, VA
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    Madison Heights, VA Single Family Properties for Sale

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    Commercial Land with Parking Lot Authorization
    Updated: May 20
    Commercial Land with Parking Lot Authorization

    3956 S Amherst, Madison Heights, VA 24572

    $899,000
    2.27 AC lot
    Brick building with shingle roof built in 1953
    Zoned commercial; previously used as residential
    Public water and public sewer
    Oil heating; flooring includes tile, vinyl, and wood
    Flat lots; VDOT authorization received to install a parking lot
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Madison Heights, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    2674 Waterlick Road, Lynchburg, VA 24502

    $650,000
    1,236 sqft 5.59 AC lot

    Over 5.5 acres with approximately 325 feet of road frontage on Waterlick Rd, sold as three parcels with AS-IS house.

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    Zoned C-2 Residential Income Property
    Zoned C-2 Residential Income Property

    2925-2941 Leslie Ln, Roanoke, VA 24018

    $850,000
    2.11 AC lot

    Two residential brick structures are included on Leslie Lane, zoned C-2, with septic and well.

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    Multifamily Opportunity in Lynchburg, VA
    Multifamily Opportunity in Lynchburg, VA

    309 Wyndale Drive, Lynchburg, VA 24501

    $900,000
    4.14 AC lot

    Multifamily property with development potential for investors and builders.

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    Mixed-Use Building with Street Retail
    Mixed-Use Building with Street Retail

    22 Campbell Ave SE, Roanoke, VA 24011

    $799,000
    0.05 AC lot

    Two-unit building with glass-front street-level retail and a renovated 2bd/2bth residence, each with future occupancy dates.

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    Madison Heights, VA Single Family Properties Market Trends and Statistics

    Explore 1 single family properties for sale in Madison Heights, VA on our real estate platform.

    Sale prices for single family properties in Madison Heights, VA average $899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2
    Multifamily properties 2
    Single family properties 1

    Demographics Overview

    Population 16K
    Population Growth (5Y) -7.1%
    Median Household Income $64,158
    College Educated 25.8%

    High-Yield Neighborhoods for Investment

    Identify Madison Heights submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    24572 $899K

    Taxes & Financing

    Tax Rate (average for all types) 0.61%
    Property Tax per SF $16.44 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Amherst County

    New Delisted

    Total CRE Inventory on Market (SF)

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