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Property profile & analytics
OFF-MARKET
Land

1083 Lynchbug Salem Tpke Bedford, VA 24523

8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8-acre commercial property presents a prime development opportunity in Bedford, Virginia. Strategically located on the highly trafficked Highway 460 (Lynchburg Salem Turnpike), this site boasts exceptional visibility between Roanoke and Lynchburg, offering convenient access to the Town of Bedford. The property features approximately 360 linear feet of frontage along Highway 460, providing ample space for a variety of commercial ventures. A new plat indicates an additional 11.22 linear feet of frontage just west of parcel 169-A-2-T. The site offers stunning mountain views, enhancing its appeal and potential. Development plans should consider necessary clearance from Baldwin Street, depending on the intended use. The asking price for this remarkable property is $249,900. Potential buyers are responsible for verifying all information, data, and measurements before entering into a contract. This is a rare opportunity to acquire a highly visible and conveniently located commercial land parcel in a thriving area. Don't miss out on this chance to build your business in a prime location.

Property profile
Verified
Property type Land
Lot 8 ac (348,480 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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