- 0.91 Ac. Waterlick Rd, Forest, VA 24551
This exceptional 0.91-acre commercial lot, identified as Lot 4, presents a remarkable investment opportunity in Forest, Virginia. Strategically located near the intersection of Thomas Jefferson Road and boasting 130 feet of road frontage on Waterlick Road, this property offers excellent visibility and accessibility. The land is level and well-suited for a variety of commercial uses, as permitted by its C-1 zoning classification. Potential uses include, but are not limited to, office space, beauty salons, multi-family dwellings, counseling centers, churches, and daycare facilities. Water access is readily available on-site. This is a rare opportunity to acquire a well-positioned commercial parcel in a growing area. Note that two adjacent lots (Lots 3 and 5) are also available for purchase, presenting the possibility of acquiring a larger contiguous parcel to meet specific development needs. The asking price for this exceptional property is $89,000. The property's address is Waterlick Road, Forest, VA 24551.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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