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Industrial Land in Little Otter
For Sale
Contact for pricing
Pending

Little Otter Dr, Bedford, VA 24523

Prime industrial property with rail potential in Bedford, Virginia.

Property SizeContact for details
Lot Size50.00 Acres
Days on Market2312

Property Features for Little Otter Dr

General Information

Standard status Pending
Lot size 50.00 Acres
Property subtype Land
Zoning I-2
Listing Agency: Coldwell Banker Commercial Read & Co.
Listed By: Ricky Read · License #0226023041
Source: Crexi
Added: May 5, 2020 Changed: Aug 8 Last Checked: Jul 24 at 6:39PM

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 Coldwell Banker Commercial Read & Co.

Investment Insights

Based on property information with market context.

This industrial property is located off Route 221 (Forest Road) and fronts both Route 221 and Little Otter Drive in Bedford, Virginia. Situated within the Little Otter Business Park, the site offers parcels ranging from 8 to 50 acres. The price varies between $20,000 and $35,000 per acre, depending on the size and location of the parcel. The property features favorable topography and potential for rail siding via Norfolk Southern Railroad. Utilities include power provided by the Town of Bedford, a 10-inch water line along Little Otter Drive, and septic systems. Note that the buyer is responsible for any rollback taxes.

Key Highlights

  • Prime Industrial Property in Little Otter Business Park
  • 8‑50 Acres Available
  • Prices Ranging from $20,000 - $35,000 Per Acre

Property Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

600
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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Prime industrial property with rail potential in Bedford, Virginia.
Where is this industrial land located?
The property is located at Little Otter Dr Bedford, VA.
What is the asking price?
The asking price for this property is $1,435,200.
What are key features of this property?
This property features: Prime Industrial Property in Little Otter Business Park; 8‑50 Acres Available; Prices Ranging from $20,000 - $35,000 Per Acre
(434) 455-2285 Call to check price and availability
More about this property
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