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    OFF-MARKET
    Land

    14580 Forest Rd, Forest, VA 24551

    1.44 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.44-acre commercial parcel presents a unique investment opportunity in Forest, Virginia. Situated in a rapidly growing area, the property boasts approximately 240 feet of road frontage on Forest Road (US 221), providing excellent visibility and accessibility. Convenient access is also available via a shared commercial entrance adjacent to a CVS. The site benefits from the availability of public water and sewer, simplifying development plans. Zoned PCD, this land allows for a diverse range of commercial and residential uses, catering to various development strategies. The property's location within a thriving corridor, near established residential and retail developments, ensures strong potential for future appreciation. While the address provided is for mapping purposes only, and a permanent address has not yet been assigned, this prime location offers significant advantages for investors seeking a foothold in a dynamic market. The property consists of two adjoining parcels, offering flexibility in development options. This is an exceptional opportunity to acquire a strategically located commercial parcel in a high-growth area of Bedford County, Virginia. The asking price is $450,000.

    Property profile
    Verified
    Property type Land
    Lot 1.44 ac (62,726 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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