This home's estimate is 19.8% lower than the average sale price ($179K) of 6 comparable homes.
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550 Thomas Rd, Madison Heights, VA 24572
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About this home
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.
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Last updated September 2026
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Sale and tax history for 550 Thomas Rd
- Sale History
- Tax History
Public record
Property details
Exterior
- Property Features
- Waterfront Features: Stream
- Property Information
- Property Type: Land
- Property Sub Type: Unimproved Land
- Raw Mls Property Sub Type: Unimproved Land
- Current Use: Residential
- Lot Information
- Road Responsibility: Public Maintained Road
- Road Frontage Type: State Road
- Lot Size Units: Acres
- Lot Size Acres: 10.282
- Zoning: R-2
Financial
- Tax Information
- Tax Annual Amount: $465
Utilities
- Utility Information
- Sewer: Septic Tank
Location
- Schools Information
- School District: Amherst
- Elementary School: Madison Heights Elem
- Middle Or Junior School: Monelison Midl
- High School: Amherst High
- Location Information
- Directions: From Lynchburg, take US-29 Business North into Madison Heights. Continue on Main Street, turn onto Thomas Road, and follow Thomas Road to the property on the right. See sign.
Public facts
- Beds: 2
- Baths: 1.0
- Sq. Ft.: 1,057
- Stories: 1.0
- Lot Size: 10.28 acres
- Style: Single Family Residential
- Year Built: 1939
- Year Renovated: —
- County: Amherst County
- APN: 155 A 149
Other
- Listing Information
- List AOR: Lynchburg Board of Realtors
- AttributionContact: nolenrealestate@gmail.com 434-939-2032
Around this home
Schools
Public PreK-5 • Assigned • 0.7mi
Public 6-8 • Assigned • 1.6mi
Public 9-12 • Assigned • 9.9mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.31% chance of being in a wildfire in next 30 years
7 days above 102° expected this year, 18 days in 30 years
2% chance of strong winds in next 30 years
0 unhealthy days expected this year, 1 days in 30 years
Sun exposure
Low sunlight
SunscoreThere appears to be significant shading by surrounding buildings, terrain, and vegetation.
Is this your home?
Track this home’s value and nearby sales activity
Nearby similar homes
New listings for sale in 24572
Home values near 550 Thomas Rd
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 980 Sq. Ft. | $237,412 |
3 Beds | 1 Baths | 768 Sq. Ft. | $174,318 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 608 Sq. Ft. | $184,190 |
- Beds | - Baths | - Sq. Ft. | $39,504 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1113 Sq. Ft. | $248,052 |
3 Beds | 2 Baths | 1680 Sq. Ft. | $225,886 |
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