Auction Information
Online Bidding Site6.77 Acres in Bedford, VA
Take advantage of this opportunity to buy a very desirable property at less than half its current assessed value!
The property is 6.77 acres located just off U.S. Route 460 West at the signalized intersection of Independence Boulevard and Freedom Lane in the City of Bedford. This is a high-traffic location in an area undergoing significant development.
There are two well-maintained buildings on the property. One is a 22,000 SF metal building comprised of a 10,000 SF showroom with offices and mezzanine and a 12,000 SF warehouse. The other building is a 6,000 SF three-sided wood pole construction storage facility with 16 ceiling. There are 69 paved parking spaces for retail trade. The parcel includes room for expansion.
The warehouse, which has 18 ceiling height, is divided into two spaces (5,000 SF and 7,000 SF) separated by a 14 x 14 rolling overhead fire door. There are two-hour ...
The warehouse, which has 18 ceiling height, is divided into two spaces (5,000 SF and 7,000 SF) separated by a 14 x 14 rolling overhead fire door. There are two-hour firewalls between these two spaces, as well as between the warehouse and showroom. The 5,000 SF warehouse space which adjoins the showroom is insulated and has a 16 x 12 door to the dock area (50 wide x 20 deep). This portion of the building was constructed in 1998. The 7,000 SF warehouse space was added in 2005 and has an end wall engineered as expandable for another addition. This space has a 14 x 14 drive-in door and 9 x 9 garage door.
The property was previously occupied by a lumber retailer and is located in close proximity to Walmart, Ruby Tuesday, Applebees, Taco Bell, KFC and other national retailers as well as to Southern States, car dealerships, financial institutions, medical offices and other businesses. The most recent report from VDOT (2011) reflects 19,000 and 10,000 average vehicles per day on Route 460 (at Rt. 122) and Independence Boulevard, respectively.
This parcel is identified as City of Bedford Tax Map Parcel 237-A-3A and is zoned B-2, General Business District, which permits a wide variety of uses. The property has a current assessed value of $1,437,500 of which $691,800 is attributed to the land and $745,700 is attributed to improvements. The property is served by public water and sewer.
Ask Auction Company about Owner Financing!!!
From elevation to risk assessment
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationDirections
Directions from US 460: Take exit for N221/N122/W460 Business toward Bedford/Big Island. At end of ramp, turn on N221/N122 toward Bedford. Go 0.1 mi. and turn right onto N122/to 221N/Independence Boulevard. Go 1 block and turn right on Freedom Lane. Property is on the left. Address: 1052 Independence Blvd., Bedford, VA 24523