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Level Commercial Land with Signage
For Sale
$298,000

1527 East Lynchburg Salem Turnpike, Bedford, VA 24523

Level commercial parcel with city water, sewer, restaurant grease trap, and deeded access.

Property Size57,194 SF
Price / SF$5.21
Days on Market499

Property Features for 1527 East Lynchburg Salem Turnpike

General Information

Standard status Active
Size 57,194 SF
Property subtype Land / Commercial
Zoning B-2

Taxes and HOA fees

Annual Taxes $1,216

Amenities

.00
No
0 (0 0)
Shentel
Site Plan, Tax Map
Listing Agency: Sims Realty & Mortgage Corp
Listed By: Pete Sims · License #0225110529
Source: Compass
Added: Apr 24, 2025 Changed: Sep 2 Last Checked: Sep 1 at 11:50PM

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 Sims Realty & Mortgage Corp

Investment Insights

Based on property information with market context.

This 1.313-acre commercial land parcel is level and includes three lighted signs measuring approximately 32 square feet each. City water and sewer are present, along with a grease trap supporting restaurant development. A site plan for construction of a 4,800-square-foot building is on file with the owner.

The property is located at 1527 East Lynchburg Salem Turnpike in Bedford, Virginia, with deeded ingress and egress from Rt. 460 East. The combination of level terrain, utility service, existing signage, and documented building planning provides a defined framework for future commercial use.

Key Highlights

  • 1.313‑acre level commercial land parcel
  • Three lighted signs, approximately 32 square feet each
  • City water and sewer available at the property

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Bakery (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Building Supply Nail Salon

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

153
Businesses Nearby

Demographics for 24523, VA

18,992
Population
9,729
Households
2
Avg Household Size
48
Median Age
25%
College-Educated
90%
High-School Grad
229.9 sq mi
ZIP Area
83
Density / Sq Mi
$70,074
Median Household Income
$42,500
Median Earnings
$839
Median Rent
$227,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Level commercial parcel with city water, sewer, restaurant grease trap, and deeded access.
Where is this commercial land located?
The property is located at 1527 East Lynchburg Salem Turnpike Bedford, VA.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: 1.313‑acre level commercial land parcel; Three lighted signs, approximately 32 square feet each; City water and sewer available at the property
More about this property
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