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Commercial Land at Signalized Intersection
New
For Sale
$8,200,000

E Lynchburg Salem Turnpike, Bedford, VA 24523

Commercial/Indust, Bedford, VA

Property Size9,999 SF
Lot Size40.00 Acres
Price / SF$820.08
Days on Market7

Property Features for E Lynchburg Salem Turnpike

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Directions On 460, Directly across from Lowes in Bedford.
Subdivision Bedford
Standard status Active
APN 148-A-1-T
Size 9,999 SF
Lot size 40.00 Acres

Taxes and HOA fees

Tax Description TURNPIKE
Legal Description TURNPIKE
Listing Agency: Century 21 ALL-SERVICE-BEDFORD · Century 21 Real Estate
Listed By: Denise Lyons · License #0225232710
Added: Oct 1 Changed: Oct 5 Last Checked: Oct 7 at 12:06AM
MLS# 369557

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.

A 40-acre commercial land offering on E Lynchburg Salem Turnpike, with the option to divide the acreage. Public sewer is on-site, and public water is available. The property is positioned at a signalized intersection along Route 460 in Bedford, Virginia, and sits directly across from Lowe’s.

Nearby commercial businesses include Walmart, Murphy USA, McDonald’s, Wendy’s, Arby’s, Ruby Tuesday, and Dunkin’.

Key Highlights

  • 40 acres available, with division options
  • At a signalized intersection on Route 460
  • Directly across from Lowe’s

Property Analytics

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Open Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

70
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Commercial land - Public sewer is on-site, with public water available to support future development.
Where is this commercial land located?
The property is located at E Lynchburg Salem Turnpike Bedford, VA.
What is the asking price?
The asking price for this property is $8,200,000.
What are key features of this property?
This property features: 40 acres available, with division options; At a signalized intersection on Route 460; Directly across from Lowe’s
More about this property
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