Forest, VA 24551,0 East Lynchburg Salem TPKE
Forest, VA 24551,0 East Lynchburg Salem TPKE
Forest, VA 24551,0 East Lynchburg Salem TPKE
Forest, VA 24551,0 East Lynchburg Salem TPKE
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Listed by Ricky Read • Coldwell Banker Commercial Read & Company
Bought with Bill C Bryant III • Ted Counts Realty & Auction

$1,775,000

$1,825,000

2.7%
Est.Price: ?

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Est. payment /mo

69.33 Acres Lot


SOLD DATE : 11/16/2022

Key Details

Sold Price $1,775,000

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

Subdivision Nr Nla

MLS Listing ID 335987

Sold Date 11/16/22

Annual Tax Amount $4,340

Lot Size 69.330 Acres

Property Description

Great development tract located across from London Downs Golf Club in the New London area of Forest, VA. consisting of 2 Parcels with a total of 108.57 total acres . This parcel consists of 69.33 acres total with 1,370 ft. of frontage on Rt. 460. Great visibility and access from Rt. 460 and Rt. 811. 11 acres zoned PCD (Planned Commercial Development), with 58.33 acres zoned R-1. water & sewer along Rt.. 460. High speed internet available. Property lays well and adjoins the Somerset Meadows Subdivision. *Property is being sold as a whole being two parcels. Must be sold with the 39.24 acre parcel listed separately - MLS #335988. Sellers will not sell separately or subdivide. *Seller retains 50% of Mineral Rights if not developed. *Purchaser to pay all roll-back taxes at closing.

Location

State VA

County Bedford

Zoning R-1

Schools

School District Bedford

Others

Acceptable Financing Cash

Listing Terms Cash

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agent-avatar

+1(434) 221-9375

laurenbellrealestate@gmail.com

4109 Boonsboro Road, Lynchburg, VA, 24503, United States

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