Forest, VA 24551

$1,825,000
property image
List Price
$1,825,000
Closing Date
1800-01-01 00:00:00
Days on Market
3
Status
ACTIVE
MLS#
335987
Lot Size (Acres)
69

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. 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.

Additional Information

Area
Bedford
Subdivision
Nr Nla
School District
Bedford
Remarks
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. 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.

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Listing courtesy of Coldwell Banker Commercial Read & Company.