Forest, VA Commercial Real Estate for Sale

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16 properties
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Cleared C-2 Commercial Land
Updated: Aug 27
Cleared C-2 Commercial Land

0 Forest Road, Forest, VA 24502

$599,000
4.00 AC lot
4‑acre commercial land parcel
C‑2 General Commercial zoning
Cleared lot for future development
Located on Rt. 221 and Forest Road in Forest, VA
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Two-Building Office Property
Updated: Oct 9
Two-Building Office Property

2003, 2007 Graves Mill Rd., Forest, VA 24551

$2,100,000
10,300 sqft 1.40 AC lot
Two office buildings totaling approximately 10,300 sq. ft. on 1.40 acres
Built in 1997; zoned PID
One building expanded during Centra’s occupancy, which began in 2002
Three rental units in the second building; two recently leased and one owner occupied
Adequate on‑site parking and easy ingress and egress
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Single-Tenant Bank Building
Single-Tenant Bank Building

14915 FOREST RD, Forest, VA 24551

Contact for pricing
5,526 sqft

Long-term net lease structure includes annual increases and no landlord responsibilities.

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Commercial Land with Development Potential
Commercial Land with Development Potential

4143 Waterlick Road, Forest, VA 24551

$500,000
204,296 sqft 4.69 AC lot

4.69 acres of commercial land, ideal for storage units.

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Commercial Development Land with Views
Commercial Development Land with Views

15173 Forest Rd, Forest, VA 24551

$850,000
5.70 AC lot

5.7-acre commercial development site with road frontage and wide mountain views in Forest, VA.

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Working Farm with Lake
Working Farm with Lake

2205 New London Road, Forest, VA 24551

$17,599,999
5,130 sqft

Active agricultural property with pasture, barns, fencing, multiple water features, and a livable contemporary residence.

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Planned Commercial Development Land
Planned Commercial Development Land

1829 Hooper Rd, Forest, VA 24551

Contact for pricing
163.95 AC lot

Large tract zoned PCD with over 3,000 feet of road frontage and public water and sewer service.

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Retail Cottage in Prime Location
Retail Cottage in Prime Location

1129 Thomas Jefferson Rd, Forest, VA

Contact for pricing
1,830 sqft 0.88 AC lot

1,830 SF retail cottage in growing Forest, VA.

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Commercial Land with Turn Lane
Commercial Land with Turn Lane

17513 Forest Road, Forest, VA 24551

$395,000
9,999 sqft

Commercial access improvements and public sewer are already in place.

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Pad-Ready Industrial Land
Pad-Ready Industrial Land

1450 Meade Rd, Forest, VA 24551

Contact for pricing

Planned Industrial zoning supports business, research, and manufacturing uses with water, sewer, and telecom fiber in place.

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Commercial Land Parcel with Frontage
Commercial Land Parcel with Frontage

15020 Forest Road, Forest, VA 24551

Contact for pricing
4.78 AC lot

A +/- 4.78-acre commercial parcel with 518+ feet of road frontage on U.S. 221.

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Planned Development Land Tract
Planned Development Land Tract

1475 Hooper Rd, Forest, VA 24551

Contact for pricing
163.95 AC lot

Large tract with 3,000+ feet of road frontage, public water and sewer, and PCD zoning for flexible commercial planning.

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Commercial Land on Forest Road
Commercial Land on Forest Road

14580 Forest Rd, Forest, VA 24551

Contact for pricing
1.44 AC lot

Two parcels totaling 1.44 acres with road frontage.

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Commercial Land Near New Development
Commercial Land Near New Development

22101 Timberlake Road, Forest, VA 24551

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1.08 AC lot

1.08 acre commercial land with utilities available.

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Corner Parcel on Waterlick Road
Corner Parcel on Waterlick Road

5523 Waterlick Road, Forest, VA 24551

Contact for pricing

High-visibility commercial land parcel at a signalized intersection.

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Prime Land on Forest Road
Prime Land on Forest Road

Forest Road, Forest, VA 24551

Contact for pricing
5.11 AC lot

5.11 acres on Forest Road, ideal for development.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 16 Active listings in Forest, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Building Office Property
Two-Building Office Property

117 Northwynd Circle, Lynchburg, VA 24502

$550,000
2,470 sqft 0.06 AC lot

Office property with finished work areas, a mezzanine, support rooms, and adjacent unfinished space for customization.

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Office Property with Mezzanine
Office Property with Mezzanine

117 Northwynd Cir, Lynchburg, VA 24502

$550,000
2,470 sqft

A finished office layout is paired with adjacent unfinished space for a separate buildout.

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Commercial Land on Forest Road
Commercial Land on Forest Road

0 Forest Rd, Lynchburg, VA 24502

$650,000
4.00 AC lot

4.08-acre commercial parcel on Rt. 221 in Lynchburg area.

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Wyndhurst Development Land For Sale
Wyndhurst Development Land For Sale

1707 Enterprise Dr, Lynchburg, VA

Contact for pricing
0.28 AC lot

Two contiguous pad ready lots in Wyndhurst, Lynchburg.

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Off-Market Properties in Forest, VA

Consider similar Off-Market properties in Forest, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

17841 Frst Rd
COMMERCIAL (GENERAL)

17841 Frst Rd, Forest, VA 24551

Estimated value:
$630,000
5,292 sqft 0.69 AC lot
View details
1095 Venture Dr
COMMERCIAL (GENERAL)

1095 Venture Dr, Forest, VA 24551-2247

Estimated value:
$5,975,000
70,280 sqft 7.77 AC lot
View details
14566 Frst Rd
COMMERCIAL (GENERAL)

14566 Frst Rd, Forest, VA 24551-4689

Estimated value:
$3,870,000
13,493 sqft 2.80 AC lot
View details
1144 Spg Crk Dr
COMMERCIAL (GENERAL)

1144 Spg Crk Dr, Forest, VA 24551-8211

Estimated value:
$9,180,000
29,676 sqft 0.36 AC lot
View details
2940 Perrowville Rd
COMMERCIAL (GENERAL)

2940 Perrowville Rd, Forest, VA 24551-2225

Estimated value:
$2,975,000
30,000 sqft 9.63 AC lot
View details
103 Homestead Dr
COMMERCIAL (GENERAL)

103 Homestead Dr, Forest, VA 24551-4040

Estimated value:
$505,000
5,000 sqft 1.33 AC lot
View details
Forest, VA 24551
VACANT COMMERCIAL LAND

Forest, VA 24551

Estimated value:
$125,000
0.92 AC lot
View details
Forest, VA 24551
VACANT COMMERCIAL LAND

Forest, VA 24551

Estimated value:
$250,000
1.01 AC lot
View details

Forest, VA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Forest, VA, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 237,081 square feet of properties for sale, with an estimated market value of $22,044,000.

Sale prices for business properties in Forest, VA start at $395,000, averaging $3,674,000, and reaching up to $17,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 28K
Population Growth (5Y) +11.0%
Median Household Income $91,119
College Educated 66.0%

High-Yield Neighborhoods for Investment

Identify Forest submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Lynchburg - 24502 $599K
Forest - 24551 $4M

Taxes & Financing

Tax Rate (average for all types) 0.75%
Property Tax per SF $19.15 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bedford County

New Delisted

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