$299,000

124-138 Cedar Gate Rd Monroe, VA 24574

Estimated payment $1,610/month

Total Views 7,683
2.2 Acres
$135,909 Price per Acre
95,832 Sq Ft Lot

About This Lot

This property consists of two tax parcels being 124 & 138 Cedar Gate Rd. and is located at a highly visible location on Rt. 29 in Monroe, VA. Ideal for redevelopment, these parcels are zoned for a wide variety of uses including Medical, Office, Retail Stores, Day Care, Car Wash, Brewery, & many others. A cut through, deceleration lane, & turn in from Rt. 29 allows for easy access. Public water & septic system. Potential for rezone for use as single family residential or Duplex use. Parcels are also available separately.

Listing Agent

Luke Dykeman

Coldwell Banker Commercial Rea License #0225219360 Listed on: 09/21/2023

Coldwell Banker Commercial Rea

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $443

Lot Details

  • 2.2 Acre Lot
  • Property is zoned B-2

Home Design

  • 4,424 Sq Ft Home

Schools

  • Amelon Elementary School
  • Monelison Midl Middle School
  • Amherst High School

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 137C4A18

Property Details

Property Type

Land

Est. Annual Taxes

$443

Lot Details

0

Listing Details

  • Directions: Rt. 29 North towards Amherst just past the Monroe Post Office on the left.
  • Days On Market: Yes
  • Prop. Type: Land
  • Restrictions: None
  • Garage Yn: No
  • Property Sub-Type: Commercial
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Paved
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No

Schools

  • Elementary School: Amelon Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • Junior High Dist: Amherst

Lot Info

  • Zoning: B-2
  • Acres: 2.2000
  • Lot Size Sq Ft: 95832.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 137C4A18

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 443

Multi Family

  • Existing Lease Type: Net

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2025 08/11/25 For Sale $299,000 0.0% $68 / Sq Ft
08/10/2025 08/10/25 Off Market $299,000 -- --
08/12/2024 08/12/24 For Sale $299,000 0.0% $68 / Sq Ft
08/10/2024 08/10/24 Off Market $299,000 -- --
01/23/2024 01/23/24 Price Changed $299,000 +50.3% $68 / Sq Ft
09/21/2023 09/21/23 For Sale $199,000 -- $45 / Sq Ft
Source: Lynchburg Association of REALTORS®

Source: Lynchburg Association of REALTORS®

MLS Number: 348329

Virginia Amherst County Monroe 24574

124-138 Cedar Gate Rd, Monroe, VA

For Sale

Lots

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Luke Dykeman
Listing Agent
Luke Dykeman
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Coldwell Banker Commercial Rea
(434) 432-6330