Forest Rd Forest, VA 24551
- Land
- 5.11 lot acres
Current Use by Public Records
- Land
Property Details for 0 Forest Rd
- Lot size
- 5.11 lot acres
- Property type
- Land
Description
This exceptional 5.11-acre commercial land parcel presents a remarkable development opportunity in Bedford County, Virginia. Strategically located on Forest Road (Route 221), this property boasts 335 feet of frontage on a high-traffic road with a daily volume of 26,453 vehicles. The site is situated near a variety of existing office and retail businesses, ensuring high visibility and accessibility. A significant advantage is the inclusion of a nearly 1.8-acre graded pad site, prepared for immediate construction, minimizing development costs and expediting project timelines. This ready-to-build site is ideally suited for a diverse range of commercial uses, including restaurants, retail establishments, medical facilities, or office spaces. The property's location within an upscale retail and residential corridor, directly across from a new Walmart Neighborhood Market, further enhances its appeal and potential for strong returns. The asking price for this prime commercial land is $595,000. This presents a unique chance to capitalize on a highly desirable location with minimal upfront development hurdles. The property's excellent demographics and high visibility make it an exceptional investment opportunity. The zip code is 24551, and the property is located in Forest, Virginia.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Forest
- County
- Bedford
- State
- Virginia
- Longitude
- -79.2496
- Latitude
- 37.3745
