Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1001 E Lynchburg Salem Tpke Bedford, VA 24523

    For Sale
    $569,000

    Commercial/Indust - Bedford, VA

    Lot size:
    1.63 Acres
    Days on Market:
    128
    Last Refresh:
    Dec 5 at 12:06 pm

    Property Features for 1001 E Lynchburg Salem Tpke

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-2
    APN
    12902000
    Lot size
    1.63 Acres

    Building Details

    Year built
    1963
    Flooring type
    Other
    Roof type
    Other
    Architectural style
    Other

    Watts Auction Realty Appraisals, Inc (434) 821-5263 [email protected]

    Listing agent Charlie A Watts II (434) 821-5263 License #0225086405

    Listing date Jul 31, 2025

    MLS# 353958 Listing URL

    Copyright © 2025 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land on Route 460

    This 1.63-acre commercial property is located in Bedford, Virginia, and is zoned B-2. Situated on Route 460, across from Walmart, the site offers frontage on both Route 460 and the road behind it, providing easy access. The property is suitable for a variety of businesses, including converting the existing house into an office or opening a restaurant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Nail Salon Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Bedford
    State
    Virginia
    Longitude
    -79.4989485
    Latitude
    37.3238609

    Nearby Similar for Sale

    • $2,500,000
      2.86 Acres

      Historic Bedford Property with Modern Amenities

      Charming, renovated property with event venue potential on nearly 3 acres.
      812 E Main St, Bedford, VA 24523
      View Details
    • $875,000
      0.30 Acres

      Downtown Bedford Storefronts For Sale

      Prime investment opportunity in the heart of Bedford's vibrant downtown.
      114-122 N Bridge St, Bedford, VA 24523
      View Details
    • $399,900
      0.24 Acres

      Remodeled Duplex in Bedford, VA

      Remodeled 3-bedroom, 2-bath duplex with modern amenities and new flooring.
      1503-1505 Cassell Ln, Bedford, VA 24523
      View Details
    • $875,000
      0.30 Acres

      Downtown Bedford Storefronts For Sale

      Prime investment opportunity in the heart of Bedford's vibrant downtown.
      114-122 N Bridge St, Bedford, VA 24523
      View Details
    • $224,900
      3,000 SF

      Professional Office Building Near Courthouse

      Office building near courthouse with income potential.
      108 E Main St, Bedford, VA 24523
      View Details
    • $225,000
      1,800 SF

      Retail Building on Moneta Road

      1,800 SF retail building with high visibility.
      1173 Moneta Rd, Bedford, VA 24523
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with frontage on Route 460, Bedford, Virginia.
    Where is this commercial land located?
    The property is located at 1001 E Lynchburg Salem Tpke Bedford, VA.
    What is the asking price?
    The asking price for this property is $569,000.
    What are key features of this property?
    This property features: - Zoned commercial, offering versatile business opportunities.; - Prime location directly on 460, across from Walmart.; - High-visibility frontage on a major road (460).
    (434) 821-5263
    Request Owner's contact information
    1001 E Lynchburg Salem Tpke Bedford, VA 24523
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1001 E Lynchburg Salem Tpke
    Bedford, VA 24523
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1001 E Lynchburg Salem Tpke Bedford, VA 24523
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.