#357981, Troy A Cash, Listing office: Cash Bros Real Estate, Inc.
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
- List Price: $299,000
- Price/SqFt: $67
- Annual Tax Amount: $443
- Tax Year: 2024
- Directions: Rt. 29 North towards Amherst just past the Monroe Post Office on the left.
- Living Area: 4,424 SqFt
- Lot Size: 2.2 Acres
- 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: 7/7/2025, 10:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 15, 2019 | Home Sold | $60,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $38,624. Residents of Monroe, VA typically earn less than $<35k each year. Most families are single, no kids. Residents of this area typically 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?
Hunting
NASCAR
Monster Trucks
Where do the neighbors shop?
Wal-Mart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
GMC
Chevrolet
What do the neighbors listen to?
Classic Country
New Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 124 Cedar Gate Rd
The listing price of 124 Cedar Gate Rd property is $299,000.
The property 124 Cedar Gate Rd is land located in Monroe, Virginia, 24574.
Active Listing: 124 Cedar Gate Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 124 Cedar Gate Rd are: Amelon Elementary School (GreatSchools Rating 4/10), Elon Elementary School (GreatSchools Rating 5/10), Madison Heights Elementary School (GreatSchools Rating 4/10), Monelison Middle School (GreatSchools Rating 4/10), P. L. Dunbar Middle School (GreatSchools Rating 4/10), Linkhorne Middle School (GreatSchools Rating 2/10), Amherst County High School (GreatSchools Rating 6/10), E. C. Glass High School (GreatSchools Rating 3/10), Heritage High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $443 (source: MLS/based on county public records data).
The last sale was on July 15, 2019 for $60,000 (source: MLS/tax record).
The property 124 Cedar Gate Rd is 2.2 acres.
The property 124 Cedar Gate Rd is 4,424 SqFt (source: MLS/tax record).
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.
In June 2025 more than 1 listings in Monroe, VA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below. The number of listings in Monroe, VA decreased by 6.3% between May and June 2025. In June 2025, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $235,000.
From Rocket Homes Real Estate and based on county public records data.