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Office Property with Additional Structures
For Sale
$829,900

706 Burks Hill Rd, Bedford, VA 24523

Commercial Sale, Bedford, VA

Property SizeContact for details
Lot Size0.79 Acres
Days on Market93

Property Features for 706 Burks Hill Rd

General Information

Property type Commercial Sale
Property subtype Other
Directions From Bedford 122: S Crenshaw St, Burks Hill Rd on R.
Subdivision 0600 - Bedford County
Standard status Active
APN 233-A-1-T
Lot size 0.79 Acres

Additional Details

Property Use Office

Taxes and HOA fees

Tax Description BURKS HILL RD
Tax Annual Amount 3150
Legal Description BURKS HILL RD

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Heat Pump
Water source Public

Building Details

Year built 1901
Flooring type Wood
Building materials Vinyl Siding
Roof type Shingle, Metal
Buildings 3
Listing Agency: LYONS TEAM, REALTORS(R)
Listed By: RONALD LEE GROSS
Added: Aug 3 Changed: Oct 29 Last Checked: Nov 3 at 7:06PM
MLS# 930048

Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

The office property includes a main building with more than 2,600 square feet, plus two additional structures. The main building was previously used as an insurance office. Improvements include vinyl siding, wood flooring, heat-pump heating and cooling, and shingle and metal roofing.

The property occupies 0.79 acres at 706 Burks Hill Rd in Bedford. The Bedford welcome center is approximately two minutes away. Public water and public sewer serve the property.

Key Highlights

  • Main building contains more than 2,600 square feet
  • Two additional structures on the property
  • 0.79‑acre parcel at 706 Burks Hill Rd, Bedford

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Croft Insurance Services: ... Insurance Agency Amanda Kidd, Licensed ... Insurance Agency Croft Insurance Marketing Insurance Agency

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Pharmacy Kitchen & Bath Showroom Real Estate Agency HVAC Service

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

533
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - The primary building is complemented by two more structures and on-site parking.
Where is this office building located?
The property is located at 706 Burks Hill Rd Bedford, VA.
What is the asking price?
The asking price for this property is $829,900.
What are key features of this property?
This property features: Main building contains more than 2,600 square feet; Two additional structures on the property; 0.79‑acre parcel at 706 Burks Hill Rd, Bedford
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