Lot/land

$100,000

550 Thomas Rd, Madison Heights, VA 24572

--beds

--baths

10.28Acres

Unimproved Land

Built in ----

10.28 Acres Lot

$125,100 Zestimate^®

$--/sqft

$-- HOA

What's special

Existing drivewayFormer homesitePeaceful settingPlenty of road frontage

With plenty of road frontage, an existing driveway, and a former homesite, this property is ready for your vision. County water and a private septic system are already in place, making it an excellent opportunity to build or invest. Conveniently located just minutes from downtown Lynchburg, Madison Heights shopping, restaurants, churches, and the James River, you'll enjoy both accessibility and a peaceful setting. Property is being sold AS-IS.

3 hours

68

6

Facts & features

Interior

Interior area

Total structure area: 0

Property

Features

Frontage length: 0

Lot

Size: 10.28 Acres
Features: Land Use Program

Details

Additional structures: Airplane Hangar
Parcel number: 155A149
Zoning: R-2

Utilities & green energy

Electric: American Electric
Sewer: Septic Tank

Community & HOA

Location

Region: Madison Heights

Financial & listing details

Tax assessed value: $70,500
Annual tax amount: $465
Date on market: 8/5/2026
Road surface type: Paved

Estimated market value

$125,100

$89,000 - $168,000

$1,361/mo

Price history

Date	Event	Price
8/5/2026	Listed for sale	$100,000
Source: LMLS #368464 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$430	$70,500
2023	$430	$70,500
2022	$430	$70,500
2021	$430	$70,500
2020	$430 -21.1%	$70,500 -21.1%
2018	$545 +54.5%	$89,300
2017	$353	$89,300
2016	$353 +8.7%	$89,300 -0.9%
2015	$324	$90,100
2014	$324 -34.9%	$90,100 -5.9%
2013	$498	$95,800
2012	$498	$95,800
2011	$498	$95,800
2010	$498	$95,800
2009	$498 -20%	$95,800
2008	$623 +86.6%	$95,800 +75.1%
2007	$334	$54,700
2006	$334	$54,700
2005	$334 +3.4%	$54,700
2004	$323 +2.7%	$54,700
2003	$314	$54,700 -2.5%
2002	$314 +48.1%	$56,100 +85.1%
2001	$212	$30,300

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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