14580 Forest Rd, Forest, VA 24551
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.