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    Moneta Rd Bedford, VA 24121

    For Sale
    $3,000,000

    Prime waterfront development land at Smith Mountain Lake.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3.35-acre commercial property in Bedford County, Virginia, presents a unique investment opportunity. Located on Moneta Road, zip code 24121, this land boasts over 1038 linear feet of coveted waterfront access at Smith Mountain Lake. The property is zoned PCD (Planned Commercial Development), allowing for high-density commercial development. Its prime location offers unparalleled visibility and accessibility. The site's significant waterfront footage provides exceptional potential for a variety of commercial ventures, from restaurants and retail spaces to hospitality and recreational businesses. Existing infrastructure is a significant advantage, with readily available water and sewer services. This is a rare chance to acquire a substantial parcel of land with exceptional lakefront access in a desirable location, poised for significant development and return on investment. The property's address is 0 Moneta Road, Moneta, VA 24121. Further details are available upon request.

    Property Features for 0 Moneta Rd

    General Information

    Property type
    Land

    HighLights

    • $3,000,000 asking price.
    • 3.35‑acre commercial land parcel in Moneta, VA.
    • High‑density commercial zoning (PCD).
    • Smith Mountain Lake waterfront property with 1038+ feet of frontage.
    • Water and sewer available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bedford
    County
    Bedford
    State
    Virginia
    Longitude
    -79.663582003907
    Latitude
    37.147178144324

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    FAQs

    What type of property is this?
    Land - Prime waterfront development land at Smith Mountain Lake.
    Where is this land located?
    The property is located at Moneta Rd Bedford, VA.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: $3,000,000 asking price.; 3.35-acre commercial land parcel in Moneta, VA.; High-density commercial zoning (PCD).
    Request Owner's contact information
    Moneta Rd Bedford, VA 24121
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Moneta Rd Bedford, VA 24121
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