For Sale
$395,000

5523 Waterlick Rd Forest, VA 24551

1.58 Acres, Prime Forest, VA Location

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 1.58-acre commercial lot presents a remarkable investment opportunity in Forest, Virginia. Situated at the highly visible, signalized intersection of Waterlick Road and Thomas Jefferson Road, this property boasts exceptional visibility and high traffic counts. Currently zoned C-1 Commercial, the land offers a diverse range of permitted uses, including medical and professional offices, banking and financial institutions, personal services, and multifamily dwellings. Its strategic location between Timberlake Road and Forest Road ensures convenient access and high traffic volume. The proximity to major residential developments further enhances its appeal and potential for strong returns. This prime location is ideal for a variety of commercial ventures, from a medical office building or financial institution to a strip center or convenience store (subject to potential rezoning). The asking price is $395,000. The Bedford County location offers a strong foundation for growth and success. This is a rare opportunity to acquire a highly desirable commercial property in a thriving area. Don't miss out on this chance to secure a prominent location with significant development potential. The property address is 5523 Waterlick Road, Forest, VA 24551.

Highlights

  • 1.58-acre commercial lot in Forest, VA, priced at $395,000.
  • High-visibility location at the signalized intersection of Waterlick Road and Thomas Jefferson Road, boasting high traffic counts.
  • C-1 Commercial zoning allows for diverse uses including medical/professional offices, banking, personal services, and multifamily (subject to potential rezoning).
  • Convenient access and high traffic volume due to proximity to Timberlake Road and Forest Road, near major residential developments.
  • Prime location ideal for various commercial ventures, such as medical office buildings, financial institutions, or retail.

Property Details for 5523 Waterlick Rd

Property type
Retail properties, Office properties
Lot Size (sq. ft)
68,825 SF

Location Insight

City
Forest
County
Bedford
State
Virginia
Latitude
37.3429875
Longitude
-79.2821884

FAQs

What type of property is this?
Retail property - 1.58 Acres, Prime Forest, VA Location
Where is the retail property located?
The property is located at 5523 Waterlick Rd Forest, VA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 1.58-acre commercial lot in Forest, VA, priced at $395,000.; High-visibility location at the signalized intersection of Waterlick Road and Thomas Jefferson Road, boasting high traffic counts.; C-1 Commercial zoning allows for diverse uses including medical/professional offices, banking, personal services, and multifamily (subject to potential rezoning).
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5523 Waterlick Rd
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