110 Vista Centre Dr Forest, VA 24551
- Commercial real estate
- 116,730 SF
- 10.40 lot acres
Current Use by Public Records
- Athletic Republic / Fitness Center
- Gates Flag & Banner Company, Inc. / Flag Store
- Marketing Support Solutions / Internet Marketing Service / Marketing Consultant
- Dogwood Counseling Center / Mental Health Service
- Karl G. Hess, Ph.D / Counselor / Marriage Or Relationship Counselor
Property Details for 110 Vista Centre Dr
- Year built
- 1991
- Lot size
- 10.40 lot acres
- Property size
- 116,730 SF
- Property type
- Commercial real estate
- APN
- 101 A 6D
- APU
- 101A6D
Description
This exceptional commercial property at 110 Vista Centre Drive in Forest, Virginia, offers flexible office space ideal for a variety of businesses. Located in Bedford County, this property features a total of one building with multiple suites available for lease. Currently, one office space is immediately available, ranging in size from 130 to 4,315 square feet. The building boasts a convenient second-floor location, providing ample natural light and a professional atmosphere. Leases are full-service, encompassing water, sewer, electricity, and janitorial services, minimizing operational overhead. The building includes shared amenities designed for accessibility and convenience, such as ADA-compliant restrooms, a reception area, and an elevator. The property's address is 110 Vista Centre Drive, Forest, VA 24551. This location provides easy access to local amenities and transportation routes. The property type is listed as Office and Land, indicating potential for various business needs. The property is categorized as commercial and offers multiple tenancy options. This is a rare opportunity to secure high-quality, full-service office space in a desirable location. Inquire today to learn more about available suite sizes and lease terms.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,475,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,470,000
- 6.5%
- $5,750,000
- 7%
- $5,780,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,275,000
- Geo Method
- $5,120,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,135,000
- Retail
- $5,310,000
- Mixed-Use
- $6,260,000
- Hospitality
- $4,815,000
- Educational
- $6,040,000
- Residential Income
- $5,915,000
- Energy
- $5,535,000
- Income-Based Land
- $6,110,000
- Food Service
- $5,705,000
Location Insight
- Map
- Local Demand
- City
- Forest
- County
- Bedford
- State
- Virginia
- Longitude
- -79.2512
- Latitude
- 37.3761
- CBSA code
- 31340
- CBSA name
- LYNCHBURG, VA METROPOLITAN STATISTICAL AREA