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    Little Otter Dr Little Otter Business Park Bedford, VA 24523

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    For Sale
    $1,120,000

    50 acres of industrial land for sale in Bedford.

    Property size:
    50 SF
    Lot size:
    50.00 Acres

    Property Features for Little Otter Dr Little Otter Business Park

    General Information

    Zoning
    I-2
    Size
    50 SF
    Lot size
    50.00 Acres

    Source: Rick Read Agent Rick Read

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

    Overview

    Industrial Land in Bedford, VA

    This industrial property is located in Little Otter Business Park. The site offers between 8 and 50 acres. The price ranges from $20,000 to $35,000 per acre, depending on the size and location of the parcel. The topography is suitable for development. Power is provided by the Town of Bedford. A 10-inch water line runs along Little Otter Drive. The property utilizes a septic system. There is potential for rail siding with Norfolk Southern Railroad. The buyer is responsible for paying any rollback taxes.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Bedford
    County
    Bedford
    State
    Virginia
    Longitude
    -79.5258
    Latitude
    37.3308

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    FAQs

    What type of property is this?
    Land - 50 acres of industrial land for sale in Bedford.
    Where is this land located?
    The property is located at Little Otter Dr Little Otter Business Park Bedford, VA.
    What is the asking price?
    The asking price for this property is $1,120,000.
    What are key features of this property?
    This property features: - 8-50 acre parcels available, offering flexible size options; - Potential rail siding with Norfolk Southern Railroad; - Prices ranging from $20,000 - $35,000 per acre
    (434) 455-3618
    Request Owner's contact information
    Little Otter Dr Little Otter Business Park Bedford, VA 24523
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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
    Little Otter Dr Little Otter Business Park Bedford, VA 24523
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