Property profile

1334 E Lynchburg Salem Tpke Bedford, VA 24523

FOR SALE
Commercial land
Property ID
US87-1670092
1,430 SF 36.11 ac lot Built 1932
Entity Owned 7-yr Hold ~ Est. High Equity
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1334 E Lynchburg Salem Tpke, Bedford, VA 24523 For Sale
$499,900 1,430 SF
1334 E Lynchburg Salem Tpke, Bedford, VA 24523
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Property summary

AI-generated overview

The property consists of approximately 46.89 acres of commercial land located along Highway 460 near major national retail and service users, with approximately 1,278 feet of road frontage and positioning between two signal lights. Public water and sewer services are available. The land is zoned B-2 General Business under the Town of Bedford Zoning Code, supporting a broad range of commercial uses. The acreage is subdivided into three parcels: Parcel A is approximately 36.11 acres and includes a signal light and an ingress/egress easement between Walmart and Tractor Supply Company; Parcel B is approximately 6.245 acres; and Parcel C is approximately 4.543 acres.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1932
Total area 1,430 SF
Lot 36.11 ac (1,572,952 SF)
APN 130 A 9 T
UPID US87-1670092

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1334 E Lynchburg Salem Tpke Bedford, VA 24523
Bedford metro Census 30404 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2019
1 recorded transaction
2019
$472,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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