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Corner Parcel on Waterlick Road
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5523 Waterlick Road, Forest, VA 24551

High-visibility commercial land parcel at a signalized intersection.

Days on Market2531

Property Features for 5523 Waterlick Road

General Information

Standard status Active
Property subtype Land
Listing Agency: Gentry Commercial Real Estate Inc
Listed By: Christopher Gentry, SIOR · License #VA 0225033997
Source: Crexi
Added: Aug 26, 2019 Changed: Jul 10 Last Checked: Jul 28 at 11:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gentry Commercial Real Estate Inc

Investment Insights

Based on property information with market context.

This corner parcel is located at the signalized intersection of Waterlick Road and Thomas Jefferson Road, offering high visibility and traffic count. The property is zoned C-1, which allows for a variety of commercial uses including medical, professional office, banking and financial institutions, personal services, and multifamily. The location is between Timberlake Road and Forest Road on a heavily traveled road, near major residential developments with great access. Potential uses include medical office, financial office, and a strip center. Rezoning may be required for a convenience store.

Key Highlights

  • High visibility corner location at a signalized intersection (Waterlick Road and Thomas Jefferson Road).
  • High traffic count.
  • Zoned C‑1, allowing for a variety of commercial uses (medical, office, banking, multifamily, etc.).

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Law Firm Big Box & Wholesale Store Spa & Massage Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

Demographics for 24551, VA

25,601
Population
10,844
Households
2.4
Avg Household Size
42
Median Age
47%
College-Educated
96%
High-School Grad
74.2 sq mi
ZIP Area
345
Density / Sq Mi
$91,119
Median Household Income
$49,846
Median Earnings
$1,087
Median Rent
$345,600
Median Home Value
Rey
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 - High-visibility commercial land parcel at a signalized intersection.
Where is this commercial land located?
The property is located at 5523 Waterlick Road Forest, VA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: High visibility corner location at a signalized intersection (Waterlick Road and Thomas Jefferson Road).; High traffic count.; Zoned C‑1, allowing for a variety of commercial uses (medical, office, banking, multifamily, etc.).
More about this property
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