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    17513 Forest Rd Forest, VA 24551

    Sponsored
    For Sale
    $395,000

    High-visibility commercial lot, US 221 frontage.

    Property size:
    9,999 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 9,999 square foot commercial lot presents a rare investment opportunity in Forest, VA. Located on Forest Road (US 221), between Graves Mill and Enterprise Drive, this highly visible 1-acre parcel boasts significant advantages for immediate development. The property benefits from an existing commercial entrance and dedicated turn lane, ensuring convenient access for customers and employees. Public sewer is already connected to the site, simplifying infrastructure requirements and reducing development costs. The lot features a lower-level basement, offering additional space for storage, expansion, or specialized uses. Its strategic location next to a newly constructed car wash guarantees high traffic volume and excellent visibility. This property is ideally suited for a variety of commercial uses, including office space, a strip shopping center, or other income-generating ventures. The potential for a strong return on investment is undeniable, making this a truly exceptional opportunity in a thriving market. Don't miss this chance to acquire a prime piece of commercial real estate in a high-traffic area with existing infrastructure in place. The property is priced at $395,000.

    Property Features for 17513 Forest Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,999 SF
    Lot Size
    43,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Forest
    County
    Bedford
    State
    Virginia
    Longitude
    -79.25226
    Latitude
    37.37128

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility commercial lot, US 221 frontage.
    Where is this commercial real estate located?
    The property is located at 17513 Forest Rd Forest, VA.
    What is the asking price?
    The asking price for this property is $395,000.
    (434) 239-8684
    Request Owner's contact information
    17513 Forest Rd Forest, VA 24551
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    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
    17513 Forest Rd Forest, VA 24551
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