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    OFF-MARKET
    Commercial real estate

    17513 Forest Rd, Forest, VA 24551

    9,999 SF 1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9,999 square foot commercial lot presents a rare investment opportunity in Forest, VA. Located on Forest Road (US 221), between Graves Mill and Enterprise Drive, this highly visible 1-acre parcel boasts significant advantages for immediate development. The property benefits from an existing commercial entrance and dedicated turn lane, ensuring convenient access for customers and employees. Public sewer is already connected to the site, simplifying infrastructure requirements and reducing development costs. The lot features a lower-level basement, offering additional space for storage, expansion, or specialized uses. Its strategic location next to a newly constructed car wash guarantees high traffic volume and excellent visibility. This property is ideally suited for a variety of commercial uses, including office space, a strip shopping center, or other income-generating ventures. The potential for a strong return on investment is undeniable, making this a truly exceptional opportunity in a thriving market. Don't miss this chance to acquire a prime piece of commercial real estate in a high-traffic area with existing infrastructure in place. The property is priced at $395,000.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 9,999 SF
    Lot 1 ac (43,560 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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