1001 E Lynchburg Salem Tpke Bedford, VA 24523
Investors, take note! This exceptional 1.500 square foot property, situated on a 1.63-acre lot at 1001 E Lynchburg Salem Turnpike in Bedford, VA, presents a remarkable commercial opportunity. Its strategic location directly on Route 460, opposite a Walmart, ensures unparalleled visibility and accessibility for a diverse range of businesses. The property's commercial zoning allows for a multitude of uses, making it ideal for entrepreneurs seeking a high-traffic location. The existing structure offers potential for conversion into office space, while the ample land provides flexibility for new construction, such as a restaurant. The dual road frontage on Route 460 and a secondary road offers convenient access for customers and employees. This property's prime location and versatile zoning make it a truly exceptional investment opportunity in a thriving area. Don't miss the chance to secure this highly visible and strategically positioned commercial property. The asking price is $795,000. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.