1129 Thomas Jefferson RdForest, VA 24551

Property Details for 1129 Thomas Jefferson Rd

Lot size

0.78 AC

Property type

Other commercial real estate

APN

117 A 36

APU

117A36

Description

This exceptional commercial property at 1129 Thomas Jefferson Road, Forest, VA 24551, presents a unique investment opportunity. Situated on a 0.79-acre lot with ample road frontage on Thomas Jefferson Road and Burnbridge Road, this single-tenant building offers 6,885 square feet of space. The main floor comprises 5,076 square feet of finished creative office space, ideal for a variety of businesses. Additional unfinished mezzanine space on the second floor provides significant expansion potential. The property boasts 37 parking spaces, ensuring ample convenience for employees and clients. Located in a rapidly growing area of Bedford County, this property benefits from easy access to US Route 221, a major transportation artery. The property is zoned C-2 and features single-phase power. This is a high-income-potential property with significant upside for investors seeking a prime location in the thriving Forest submarket. The property is currently fully occupied.

• Alternative Use

  Use

  Valuation

  Residential

  $5,813,192

  Hospitality

  $5,324,853

  Educational

  $4,430,215

  Medical

  $4,582,577

  Retail

  $6,891,446

Location Insight

City

Forest

County

Bedford

State

Virginia

Latitude

37.3627

Longitude

-79.2867

CBSA code

31340

CBSA name

LYNCHBURG, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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