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    1334 E Lynchburg Salem Tpke Bedford, VA 24523

    For Sale
    $1,350,765

    Commercial land with development potential near major retailers.

    Lot size:
    46.89 Acres

    Property Features for 1334 E Lynchburg Salem Tpke

    General Information

    Lot size
    46.89 Acres

    Source: Hall Associates, Inc Agent Gavin Hollingsworth

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

    Overview

    Commercial Land on Highway 460

    This commercial land offers a development opportunity, situated near national companies such as Walmart, Tractor Supply Company, and Lowe's. The property is located along Highway 460 and features approximately 1,278 feet of road frontage. Positioned between two signal lights, the site benefits from accessibility. Public water and sewer services are available. The property is zoned B-2 General Business, which allows for a wide range of commercial uses within the Town of Bedford Zoning Code. The overall 46.89 acres have been subdivided into three parcels: Parcel A spans approximately 36.11 acres with a signal light and an ingress/egress easement between Walmart and Tractor Supply Company. Parcel B is approximately 6.245 acres. Parcel C is approximately 4.543 acres.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store 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
    -79.493419
    Latitude
    37.3228138

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with development potential near major retailers.
    Where is this commercial land located?
    The property is located at 1334 E Lynchburg Salem Tpke Bedford, VA.
    What is the asking price?
    The asking price for this property is $1,350,765.
    What are key features of this property?
    This property features: - Prime commercial land with **high visibility** and approximately 1,278 feet of road frontage on Highway 460.; - Excellent location neighboring Walmart, Tractor Supply Company, and Lowe's.; - Zoned B-2 General Business, allowing for a wide range of commercial uses.
    (540) 982-0011
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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
    1334 E Lynchburg Salem Tpke Bedford, VA 24523
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