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Property profile & analytics
OFF-MARKET
Land

0 Independence Blvd & Orange St Bedford, VA 24523

6 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6-acre commercial land parcel presents a unique investment opportunity in Bedford, Virginia. Strategically located at the intersection of Independence Boulevard and Orange Street, this property boasts significant frontage on both major thoroughfares, ensuring unparalleled visibility for any development. The site is ideally situated midway along a key arterial road connecting two major highways, providing convenient access and high traffic exposure. Water and sewer services are readily available, simplifying the development process. The current zoning permits business use, opening a wide range of possibilities for future construction. The owner is willing to subdivide the land to accommodate specific project needs and is also open to building-to-suit options, tailoring the construction to a buyer's specifications. Furthermore, the possibility of owner financing adds another layer of flexibility for potential buyers. This prime location and the owner's willingness to collaborate make this a truly exceptional opportunity for investors seeking a high-impact commercial development project in a thriving Virginia market. The property's address is clearly identifiable at the intersection of Independence Boulevard and Orange Street, Bedford, VA 24523. The asking price for this remarkable property is $500,000.

Property profile
Verified
Property type Land
Lot 6 ac (261,360 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
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CAP Approach CAP
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Comparable Approach Comparable
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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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