1083 Lynchbug Salem Tpke Bedford, VA 24523
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.
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.