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Property profile & analytics
FOR SALE
Commercial real estate

1001 E Lynchburg Salem Tpke Bedford, VA 24523

1,500 SF 1.63 ac lot Built 1963
Property ID
US87-1583768
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1963
Total area 1,500 SF
Lot 1.63 ac (71,003 SF)
UPID US87-1583768
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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