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Office Property with Additional Structures
For Sale
$975,000

706 Burks Hill Rd, Bedford, VA 24523

The main office is supported by two additional structures and on-site parking for clients and employees.

Property Size2,600 SF
Price / SF$375
Days on Market20

Property Features for 706 Burks Hill Rd

General Information

Standard status Active
Size 2,600 SF

Building Details

Buildings 3
Listing Agency: Lyons Team Realtors
Listed By: Laila Odat · License #0225275697
Source: Exprealty
Added: Aug 3 Changed: Aug 21 Last Checked: Aug 21 at 9:31AM

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 Lyons Team Realtors

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. The primary building was previously used as an insurance office and provides a professional-services configuration, while the other structures add flexible space for storage, workspace, or separate occupancy. On-site parking supports access for clients and employees.

The property is located at 706 Burks Hill Rd in Bedford, Virginia, approximately two minutes from the Bedford welcome center. Local shops, restaurants, and community amenities are nearby, providing convenient access for office users and visitors. The combination of a dedicated office building, supplemental structures, and parking creates a practical commercial setup for continued office use or related business operations.

Key Highlights

  • 2,600‑square‑foot main office building
  • Two additional structures included with the property
  • Previously used as an insurance office

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
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Frequently Asked Questions

What type of property is this?
Office units - The main office is supported by two additional structures and on-site parking for clients and employees.
Where is this office units located?
The property is located at 706 Burks Hill Rd 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 with the property; Previously used as an insurance office
More about this property
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