Madison Heights, VA
Commercial Real Estate Market Trends & Data

$163 Avg asking sale price
$16 Avg asking lease rate
10,809 SF Avg unit lease size
21,275 SF Avg building size for sale
7.00% Average cap rate

Madison Heights's Demographic Profile

Madison Heights has 4,618 households and a median income of $53,079, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 10,950
# Households 4,618
Median age 43
Median household income $53,079
Avg household size 2.0
Renter-occupied housing units 1,423
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Madison Heights, VA

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Madison Heights $67 43,788 SF 7.00%
Lynchburg $81 63,265 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Madison Heights $225 5,632 SF
Lynchburg $259 7,316 SF
Amherst $115 15,476 SF
Timberlake $138 4,360 SF
Forest $171 6,885 SF

Commercial Properties For Sale in Madison Heights

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Rt. 29 & Daniels Drive

Madison Heights, VA 24572

  • 2.39 AC Lot
  • 1 Commercial Lot
  • $399,000
For Sale

1018 Rivermont Ave

Lynchburg, VA 24504

  • 8,493 SF Specialty
  • $695,000
For Sale

Chipotle

Madison Heights, VA 24572

  • 0.87 AC Lot
  • 1 Commercial Lot
  • $3,300,000
For Sale

3 Garage Bay with Premium Road Frontage

Madison Heights, VA 24572

  • 1,680 SF Retail Building
  • $399,900
For Sale

1026 Main St

Lynchburg, VA 24504

  • 11,337 SF Retail Building
  • $1,300,000
For Sale

+/- 1.19AC COMMERCIAL PARCEL

Madison Heights, VA 24572

  • 1.19 AC Lot
  • 1 Commercial Lot
  • $275,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Madison Heights pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Madison Heights $163 21,275 SF
Lynchburg $280 29,651 SF
Amherst $242 14,188 SF
Spout Spring $745 7,850 SF

Regional Demographic Comparison

This comparison places Madison Heights alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Madison Heights or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Madison Heights 10,950 4,618 43 $53,079 2 1,423 1%
Amherst 2,308 831 37 $39,869 2 308 -3%
Rustburg 1,081 435 45 $59,736 2 98 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Madison Heights, VA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Madison Heights

View All Commercial Real Estate For Sale in Madison Heights
Is Madison Heights a good market for a first-time commercial real estate investor?

Madison Heights offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Madison Heights?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Madison Heights. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Madison Heights?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Madison Heights. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Madison Heights compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Madison Heights. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Madison Heights acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Madison Heights, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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