0 Forest RdForest, VA 24551

Property Details for 0 Forest Rd

Lot size

5.11 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 5.11-acre commercial land parcel presents a remarkable development opportunity in Bedford County, Virginia. Strategically located on Forest Road (Route 221), this property boasts 335 feet of frontage on a high-traffic road with a daily volume of 26,453 vehicles. The site is situated near a variety of existing office and retail businesses, ensuring high visibility and accessibility. A significant advantage is the inclusion of a nearly 1.8-acre graded pad site, prepared for immediate construction, minimizing development costs and expediting project timelines. This ready-to-build site is ideally suited for a diverse range of commercial uses, including restaurants, retail establishments, medical facilities, or office spaces. The property's location within an upscale retail and residential corridor, directly across from a new Walmart Neighborhood Market, further enhances its appeal and potential for strong returns. The asking price for this prime commercial land is $595,000. This presents a unique chance to capitalize on a highly desirable location with minimal upfront development hurdles. The property's excellent demographics and high visibility make it an exceptional investment opportunity. The zip code is 24551, and the property is located in Forest, Virginia.

Location Insight

City

Forest

County

Bedford

State

Virginia

Latitude

37.3745

Longitude

-79.2496

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