Little Otter Dr Bedford, VA 24523
- Land
- 50.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Little Otter Dr
- Lot size
- 50.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 50-acre industrial land parcel is situated in Bedford, Virginia's Little Otter Business Park, offering unparalleled access to Route 221 (Forest Road) and Little Otter Drive. The property boasts excellent topography and is ready for development, featuring existing infrastructure including a 10-inch water line along Little Otter Drive and readily available power from the Town of Bedford. Septic systems are in place. The potential for a Norfolk Southern Railroad rail siding adds significant logistical advantages. This prime location presents a unique opportunity for industrial development, with the asking price of $1,120,000 reflecting the significant value and potential of this substantial land holding. Please note that any rollback taxes are the responsibility of the buyer. The property's strategic location and existing infrastructure make it an ideal site for a variety of industrial uses. The acreage offers ample space for large-scale projects, while the proximity to major roadways ensures convenient transportation and accessibility. This is a rare opportunity to acquire a significant industrial land parcel in a thriving location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bedford
- County
- Bedford
- State
- Virginia
- Longitude
- -79.7545
- Latitude
- 37.355
