Commercial Land with Existing
For Sale
$399,900
1001 E Lynchburg Salem Turnpike, Bedford, VA 24523
Commercial/Indust, Bedford, VA
Property Size1,500 SF
Lot Size1.63 Acres
Price / SF$266.60
Days on Market153
Property Features for 1001 E Lynchburg Salem Turnpike
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Heading west on 460, property is on the left right after Auto Zone.
Subdivision
Bedford
Standard status
Active
APN
12902000
Size
1,500 SF
Lot size
1.63 Acres
Taxes and HOA fees
Tax Description
NR BEDFORD PB 9/17
Legal Description
NR BEDFORD PB 9/17
Building Details
Year built
1963
Listing Agency:
Watts Auction Realty Appraisals Inc
(434) 821-5263
Listed By:
Charlie A Watts II · License #0225086405
(434) 821-5263
Added: Mar 23
Changed: Aug 19
Last Checked: Aug 22 at 3:06PM
MLS# 365263
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 1.63-acre commercial land parcel includes an existing 1,500-square-foot house built in 1963. The residence contains three bedrooms, three full bathrooms, hardwood floors, and a partially finished basement with additional living space. The property has been used as a residence, while the existing structure may support office use subject to applicable requirements.
Frontage along 460 and the road behind the property provides access from two roadways. The parcel is positioned across from Walmart in Bedford, Virginia, offering a commercial setting with an existing building and established access. The property is zoned commercial, with the house providing a substantial improvement on the land.
Frontage along 460 and the road behind the property provides access from two roadways. The parcel is positioned across from Walmart in Bedford, Virginia, offering a commercial setting with an existing building and established access. The property is zoned commercial, with the house providing a substantial improvement on the land.
Key Highlights
- 1.63‑acre commercial land parcel with an existing house
- 1,500‑square‑foot house built in 1963
- Three bedrooms and three full bathrooms
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
174
Businesses Nearby
Explore this area
Business Placement
Demographics for 24523, VA
18,992
Population
9,729
Households
2
Avg Household Size
48
Median Age
25%
College-Educated
90%
High-School Grad
229.9 sq mi
ZIP Area
83
Density / Sq Mi
$70,074
Median Household Income
$42,500
Median Earnings
$839
Median Rent
$227,600
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Commercially zoned parcel with a three-bedroom house and frontage along two roads.
Where is this commercial land located?
The property is located at 1001 E Lynchburg Salem Turnpike Bedford, VA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1.63‑acre commercial land parcel with an existing house; 1,500‑square‑foot house built in 1963; Three bedrooms and three full bathrooms
