Property summary
This exceptional 1.58-acre commercial lot presents a remarkable investment opportunity in Forest, Virginia. Situated at the highly visible, signalized intersection of Waterlick Road and Thomas Jefferson Road, this property boasts exceptional visibility and high traffic counts. Currently zoned C-1 Commercial, the land offers a diverse range of permitted uses, including medical and professional offices, banking and financial institutions, personal services, and multifamily dwellings. Its strategic location between Timberlake Road and Forest Road ensures convenient access and high traffic volume. The proximity to major residential developments further enhances its appeal and potential for strong returns. This prime location is ideal for a variety of commercial ventures, from a medical office building or financial institution to a strip center or convenience store (subject to potential rezoning). The asking price is $395,000. The Bedford County location offers a strong foundation for growth and success. This is a rare opportunity to acquire a highly desirable commercial property in a thriving area. Don't miss out on this chance to secure a prominent location with significant development potential. The property address is 5523 Waterlick Road, Forest, VA 24551.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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