124 Cedar Gate Rd Monroe, VA 24574

$299,000
4,424 sqft
2.2 acres
$68 / sqft
Land

Property details

About 124 Cedar Gate Rd

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.

Highlights

Home typeBusiness
StatusActive
Size4,424 sqft
Lot size2.2 Acres
MLS #348329

Summary

  • MLS Number: 348329
  • MLS Name: Lynchburg
  • Office Name: Coldwell Banker Commercial Read & Company
  • Office Phone: (434) 455-2285
  • Listing Agent: Luke J Dykeman

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

caption unavailable

$299,000

124 Cedar Gate Rd

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 15, 2019
Home Sold
$60,000

Tax history

YearAssessmentProperty Tax
2024$72,700$443
2023$72,700$443
2022$72,700$443
2021$72,700$443
2020$72,700$443
2019$74,600$455
2018$74,600$455
2017$74,600$455

History based on county public records data.

Nearby schools

4

Amelon Elementary School

Public District PK-5

1.9 mi

132 Amer Cir

5

Elon Elementary School

Public District PK-5

4.0 mi

147 Younger Dr

4

Madison Heights Elementary School

Public District PK-5

4.4 mi

287 Learning Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,624. Most Monroe, VA residents have annual incomes less than $<35k. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

47%
<35k
46%
35k-100k
6%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

40%
Single, No Kids
16%
Single, with Kids
27%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
19%
18-34 yrs old
42%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • RamRam
  • GMCGMC
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • CountryCountry
All data provided by Home Junction and Claritas

Frequently asked questions

About 124 Cedar Gate Rd

This home is located at 124 Cedar Gate Rd in Monroe, VA and zip code 24574. This 4,424 square foot home sits on a 2.20 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since September 21, 2023 and is currently priced at $299,000.

Monroe, VA housing market in January 2025 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 1 sold below. The inventory of homes for sale in Monroe, VA between December and January 2025 increased by 23.1%. In January 2025, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $399,900.

From Rocket Homes Real Estate and based on county public records data.

More resources