Search
Office Building With Additional Structures
New
For Sale
$975,000

706 Burks Hill Road, Bedford, VA 24523

COMMERCIAL - Bedford, VA

Property Size2,600 SF
Lot Size4.79 Acres
Price / SF$375
Days on Market2

Property Features for 706 Burks Hill Road

General Information

Property type Commercial Sale
Property subtype Other
Directions From Bedford 122: S Crenshaw St, Burks Hill Rd on R.
Subdivision Bedford
Standard status Active
Size 2,600 SF
Lot size 4.79 Acres

Taxes and HOA fees

Tax Description BURKS HILL RD
Legal Description BURKS HILL RD

Building Details

Year built 1901
Listing Agency: Lyons Team Realtors
Listed By: Laila Odat · License #0225275697
Added: Aug 3 Changed: Aug 4 Last Checked: Aug 4 at 9:06PM
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.

Investment Insights

Based on property information with market context.

This office property includes a 2,600-square-foot main building along with two additional structures on 4.79 acres. The principal building was previously used as an insurance office and offers an established professional-services layout. The separate structures add functional options for storage, workspace, or future expansion. On-site parking supports convenient access for visitors and employees.

Built in 1901, the property is located on Burks Hill Road in Bedford, Virginia. The Bedford welcome center is approximately two minutes away, and the setting provides access to local shops, restaurants, and community amenities. Its high-visibility position and reported tourist presence add to the property's commercial setting.

Key Highlights

  • 2,600‑square‑foot main office building
  • Two additional structures included
  • 4.79‑acre commercial property

Property 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

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
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?
Office building - Three-building commercial property with on-site parking and a layout suited to professional office use.
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 $975,000.
What are key features of this property?
This property features: 2,600‑square‑foot main office building; Two additional structures included; 4.79‑acre commercial property
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message