Building Details

Year built 1901

Buildings 3

Listing Agency: Lyons Team Realtors p***@lyonsteamrealtors.com

Listed By: Laila Odat · License #0225275697 Show Phone

Added: Aug 3 Changed: Oct 29 Last Checked: Nov 3 at 7:06PM

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MLS# 368405

Copyright © 2026 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

The office property includes a 2,600-square-foot main building and two additional structures on a 0.791-acre parcel. Built in 1901, the main building was previously used as an insurance office. The property also has on-site parking.

At 706 Burks Hill Road in Bedford, the site is two minutes from the Bedford welcome center and near local shops, restaurants, and community amenities.

Key Highlights

• 2,600‑square‑foot main building
• Two additional structures on a 0.791‑acre parcel
• Built in 1901

Property Analytics

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

Open Analytics

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

Explore this area Business Placement

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

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

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Frequently Asked Questions

What type of property is this?

Office building - A 0.791-acre parcel includes a main office building, two additional structures, and on-site parking.

Where is this office building located?

The property is located at 706 Burks Hill Road 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: 2,600‑square‑foot main building; Two additional structures on a 0.791‑acre parcel; Built in 1901