$8,200,000
Bedford, VA 24523
MLS# 931929
1 / 12
Property Description
Prime Commercial Development Opportunity! Up to 40 acres available in one of Virginia's most visible and highly traveled locations. Situated at one of the few established intersections with a traffic light on Rt. 460 in Bedford, this property offers outstanding exposure and accessibility for a wide range of commercial, retail, hospitality, office, industrial, or mixed-use developments. Strategically located directly across from Lowe's and surrounded by established national retailers and restaurants including Walmart, Murphy USA, McDonald's, Wendy's, Arby's, Ruby Tuesday, Dunkin' and more. This property has public sewer on-site, public water is available, and it benefits from strong traffic counts and a thriving commercial corridor. Acreage can be divided to accommodate a variety of development needs. Pricing and acreage are negotiable with an acceptable offer. With extensive road frontage, excellent visibility and limitless development potential, this is a rare investment opportunity in a rapidly growing market.
Details
General Property Description
Construction Status: Proposed
Total Acreage: 40
Flood Area: No
On site Parking: Yes
Water Class: N/A
Lease Available: No
Year Built: 9999
Location, Tax & Legal
Major Area: 06 - Bedford County
Tax ID: 148 A 1 T
Annual Taxes: 6126
Zoning Code: B2
Area: 0600 - Bedford County
Street Number: 00
Street Direction Pfx: E
Street Name: Lynchburg Salem Turnpike
State/Province: VA
Zip Code: 24523
Municipality: Bedford County
Remarks & Misc
Public Remarks: Prime Commercial Development Opportunity! Up to 40 acres available in one of Virginia's most visible and highly traveled locations. Situated at one of the few established intersections with a traffic light on Rt. 460 in Bedford, this property offers outstanding exposure and accessibility for a wide range of commercial, retail, hospitality, office, industrial, or mixed-use developments. Strategically located directly across from Lowe's and surrounded by established national retailers and restaurants including Walmart, Murphy USA, McDonald's, Wendy's, Arby's, Ruby Tuesday, Dunkin' and more. This property has public sewer on-site, public water is available, and it benefits from strong traffic counts and a thriving commercial corridor. Acreage can be divided to accommodate a variety of development needs. Pricing and acreage are negotiable with an acceptable offer. With extensive road frontage, excellent visibility and limitless development potential, this is a rare investment opportunity in a rapidly growing market.
Directions: On Rt 460, Directly across from Lowes in Bedford.
Limited Service
Not Limited Service: 1
Commercial Type
Land Only: 1
Business Type
Other: 1
Water Description
None: 1
Sewer Description
None: 1
Manufactured Homes
No HUD Tag: 1
Contract Information
Current Price: $8,200,000
List Price: $8,200,000
List Date: 2026-10-01
Status: Active
Property Features
Limited Service: Not Limited Service
Commercial Type: Land Only
Business Type: Other
Manufactured Homes: No HUD Tag
Water Description: None
Sewer Description: None
Listing Office: CENTURY 21 ALL-SERVICE
Last Updated: October - 01 - 2026
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