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    1129 Thomas Jefferson Rd Forest, VA 24551

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    For Lease
    $1,200,000

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

    Property size:
    1,830 SF
    Lot size:
    0.88 Acres

    Property Features for 1129 Thomas Jefferson Rd

    General Information

    Size
    1,830 SF
    Lot size
    0.88 Acres

    Source: Dominion Commercial - Corporate Agent Charles C. 'Chip' Duff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Cottage in Prime Location

    Located in Forest, Virginia, this property features two commercial buildings on a single parcel. The location offers road frontage on Thomas Jefferson Road and Burnbridge Road, providing access to U.S. Route 221. The 1,830 square foot cottage, situated at the rear of the property, is available for lease. It was previously occupied by a massage studio. The property is zoned to allow for both retail and personal services.
    Insight Report Location Intelligence

    Current Use by Public Records

    Winey Chicks Boutique Boutique

    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
    -79.2867088
    Latitude
    37.3626664

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    FAQs

    What type of property is this?
    Retail space - 1,830 SF retail cottage in growing Forest, VA.
    Where is this retail space located?
    The property is located at 1129 Thomas Jefferson Rd Forest, VA.
    What are key features of this property?
    This property features: - Prime Forest, VA location with ample road frontage on Thomas Jefferson & Burnbridge Road.; - Two commercial buildings on a single parcel.; - Zoned for both Retail and Personal Services.
    (855) 530-2300
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    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
    1129 Thomas Jefferson Rd Forest, VA 24551
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