386-Acre Riverfront Redevelopment Opportunity — Sale in Madison Heights, VA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: Madison Heights, VA 24572
  • Size: 100 SF

Description

This 386-acre site in Amherst County, Virginia, offers a prime redevelopment opportunity with extensive James River frontage and views of downtown Lynchburg. Established in 1910 as the Central Virginia Training Center, a state-run residential mental health facility, it ceased operations in 2020. The property features approximately 90 buildings constructed between 1912 and 1989, totaling over 900,000 square feet with diverse uses and conditions. Some structures and areas may be suitable for adaptive reuse, potentially qualifying for historic tax credits, while others are candidates for demolition to accommodate new construction. Resources compiled by Amherst County including a concept plan and technical documentation are available at trainingcentermasterplan.com.

Market Context

This land in Madison Heights, VA is listed for sale across 100 SF. It has been on the market for 167 days. Compare it against other land listings for sale in Madison Heights, VA — view the full market.

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