1065 Burnbridge RdForest, VA 24551

  • Other commercial real estate
  • 0.71 AC
For Lease
$10.77/SF/YR View listing

Property Details for 1065 Burnbridge Rd

Lot size
0.71 AC
Property type
Other commercial real estate
APN
117 A 45A
APU
117A45A

Description

This exceptional investment opportunity presents two immediately available warehouse units in Forest, Virginia, situated at 1065-1069 Burnbridge Rd, zip code 24551. The property is zoned C-2 and located in Bedford County. This multi-tenant industrial building offers two distinct spaces perfectly suited for a variety of storage or light industrial uses. Unit #2 boasts 720 square feet of functional space, while the slightly larger Unit #3 provides 780 square feet. Both units are ready for immediate occupancy, providing a seamless transition for your business needs. The property's convenient location in Forest, VA offers easy access to major transportation routes, ensuring efficient logistics and distribution. This is an ideal opportunity for businesses seeking flexible, readily available warehouse space in a thriving community. The property's classification as industrial and its warehouse subtype clearly define its suitability for storage and related activities. Serious inquiries are encouraged to explore this promising investment prospect further. Don't miss out on this chance to secure prime warehouse space in a desirable location. Contact us today to schedule a viewing and discuss your business requirements.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,291,533
    Hospitality
    $4,847,016
    Educational
    $4,032,660
    Medical
    $4,171,350
    Retail
    $6,273,026
1065 Burnbridge Rd, Forest, Virginia

Location Insight

City
Forest
County
Bedford
State
Virginia
Latitude
37.3634
Longitude
-79.2905
CBSA code
31340
CBSA name
LYNCHBURG, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,426
$247,400
$832,100
$1,079,500
-
$247,400
$832,100
$1,079,500

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