Retail

Forest, VA Retail Properties & Spaces for Sale

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Lynchburg, VA Evington, VA Goode, VA
Commercial Property Near Timberlake Road
Updated: May 19
Commercial Property Near Timberlake Road

3431 Waterlick Rd, Forest, VA 24551

$599,900
4,360 sqft · 1.50 AC lot
High‑exposure location off Timberlake Road in Campbell County.
Versatile 4,360 sq ft building suitable for various commercial uses.
Ample paved parking for approximately 27 vehicles.
Located on nearly 1.5 acres.
Convenient access and surrounded by established businesses and residential areas.
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Retail Cottage in Prime Location
Updated: Jun 12, 2025
Retail Cottage in Prime Location

1129 Thomas Jefferson Rd, Forest, VA

$1,175,000
1,830 sqft · 0.88 AC lot
Prime Forest, VA location with ample road frontage on Thomas Jefferson & Burnbridge Road.
Two commercial buildings on a single parcel.
Zoned for both Retail and Personal Services.
Main building currently owner‑occupied by Winey Chicks Boutique.
Rapidly growing area of Bedford County with close access to U.S. Route 221.
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Two Commercial Buildings on One Parcel
Two Commercial Buildings on One Parcel

1129 Thomas Jefferson Rd, Forest, VA 24551

$1,175,000
6,400 sqft · 0.78 AC lot

Two commercial buildings on one parcel in prime Forest, VA.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 3 Active listings in Forest, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Property Near Timberlake Road
Commercial Property Near Timberlake Road

3431 Waterlick Road, Lynchburg, VA 24502

$599,900
4,360 sqft · 1.50 AC lot

Versatile commercial property with high visibility and ample parking.

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Wyndhurst Development Office and Retail
Wyndhurst Development Office and Retail

117 Northwynd Cir, Lynchburg, VA 24502

$550,000
4,750 sqft

Two adjacent buildings, one built-out office, one unfinished shell.

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Wyndhurst Development Office and Retail
Wyndhurst Development Office and Retail

117 Northwynd Cir, Lynchburg, VA 24502

$550,000
2,250 sqft

Two adjacent buildings in Wyndhurst Development suitable for office or retail.

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Wyndhurst Development Office/Retail Opportunity
Wyndhurst Development Office/Retail Opportunity

117 Northwynd Circle, Lynchburg, VA 24502

$550,000
2,250 sqft

Two adjacent buildings, one finished office, one unfinished shell.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

General Commercial Development Land
General Commercial Development Land

0 Forest Road, Forest, VA 24502

$599,000
4.08 AC lot

Commercially zoned land on Rt. 221 offers cleared acreage for retail, office, or mixed-use development planning.

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Lynchburg Commercial Development Opportunity
Lynchburg Commercial Development Opportunity

227 Chapel Lane, Lynchburg, VA 24501

$229,900
284,882 sqft · 6.54 AC lot

6.54 acres of commercial land in Lynchburg, Virginia.

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Commercial Land Near Airport
Commercial Land Near Airport

49 FNB DRIVE, Lynchburg, VA 24502

$299,900
1 sqft · 1.30 AC lot

1.296ac commercial parcel with signalized access and utilities.

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Commercial Land in Growing Area
Commercial Land in Growing Area

Colonial Highway, Rustburg, VA 24588

$299,000
1.13 AC lot

Site-ready commercial lot with utilities in Rustburg, Virginia.

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Off-Market Properties in Forest, VA

Consider similar Off-Market properties in Forest, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1022 Dillard Dr
PARKING GARAGE, PARKING STRUCTURE

1022 Dillard Dr, Forest, VA 24551

Value Estimation by Request
3.00 AC lot
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5523 Waterlick Rd
Land

5523 Waterlick Rd, Forest, VA 24551

Value Estimation by Request
1.58 AC lot
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17804 Forest Rd
Distribution properties

17804 Forest Rd, Forest, VA 24551

Value Estimation by Request
View details
VA Turnkey Ice Cream Shop For Sale – Reduced To $49 000 Frst
Restaurants

VA Turnkey Ice Cream Shop For Sale – Reduced To $49 000 Frst, Forest, VA 24551

Value Estimation by Request
1,800 sqft
View details
2010 Enterprise Dr
RETAIL STORES (PERSONAL SERVICES)

2010 Enterprise Dr, Forest, VA 24551-2652

$610,000
Estimated value
5,232 sqft · 0.97 AC lot
View details

Forest, VA Retail Properties & Spaces Market Trends and Statistics

Explore 8 retail properties & spaces for sale in Forest, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,590 square feet of properties for sale, with an estimated market value of $2,949,900.

Sale prices for stores in Forest, VA start at $599,900, averaging $983,300, and reaching up to $1,175,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 2
Shopping centers 1

Demographics Overview

Population 28K
Population Growth (5Y) +11.0%
Median Household Income $91,119
College Educated 66.0%

High-Yield Neighborhoods for Investment

Identify Forest submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
24551 $887.5K

Taxes & Financing

Tax Rate (average for all types) 0.75%
Property Tax per SF $19.15 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bedford County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Bedford County

Retail

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