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Commercial Land in Opportunity Zone
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Blue Ridge Ave, Bedford, VA 24523

Ideal commercial parcel in Bedford, State Opportunity Zone #12.

Property SizeContact for details
Lot Size3.87 Acres
Days on Market1635

Property Features for Blue Ridge Ave

General Information

Standard status Active
Lot size 3.87 Acres
Property subtype Land
Zoning B-2
Listing Agency: ML Realty
Listed By: Mike Williams · License #0225234646
Source: Crexi
Added: Mar 2, 2022 Changed: Aug 8 Last Checked: Aug 8 at 4:13AM

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 ML Realty

Investment Insights

Based on property information with market context.

Located just off the 460 bypass in the Town of Bedford, this commercial parcel benefits from a daily traffic count of 16,000 on the 460 bypass. Situated in State Opportunity Zone #12, the property offers State and Town incentives. The 1 acre buildable site is part of a larger 3.869-acre parcel, positioned between Roanoke and Lynchburg. This location is suitable for a convenience store, brewery, service company, eatery, or child day care. The site features a park-like setting along the back portion. Water, sewer, and electric utilities are available on site and ready to tap into. A preliminary subdivision survey has been completed and will be recorded at settlement.

Key Highlights

  • Ideal commercial parcel in State Opportunity Zone #12 offering State & Town incentives.
  • High traffic count of 16,000 daily on the 460 bypass.
  • Convenient 1 acre+- buildable site on 3.869 acres, centrally located between Roanoke and Lynchburg.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

556
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Ideal commercial parcel in Bedford, State Opportunity Zone #12.
Where is this commercial land located?
The property is located at Blue Ridge Ave Bedford, VA.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: Ideal commercial parcel in State Opportunity Zone #12 offering State & Town incentives.; High traffic count of 16,000 daily on the 460 bypass.; Convenient 1 acre+- buildable site on 3.869 acres, centrally located between Roanoke and Lynchburg.
(540) 525-2939 Call to check price and availability
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