2 months on rocket

15173 Forest Rd, Forest, VA, 24551

$1,799,900

6.32 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeBusiness
MLS #350492
Lot Size6.32 Acres
StatusActive

About 15173 Forest Rd

A commercial investment property with over 6 acres of undeveloped land that is zoned for PCD in Bedford County. Location sits on 221 and is currently the site for The Backyard, a food truck leasing site. This property generates rental income while the majority of the land is left to develop. There is a permanent structure that is being leased by a local coffee company, all other food truck vendors are not in permanent sites.

Property Details

Property Features

Listing Office:

  • Office Name: Priority One Properties
  • Listing Agent: Josh Allen

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 6.32 Acres

Other

Directions Information:

  • Directions: Off Hwy 221 in Forest, (The BackYard).

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,799,900

Tax Information:

  • Annual Amount: $1,607
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Forest, VA.

Med. Sold Price

$395K

Med. Price/SqFt

$170

Avg. Days On Market

23

# of Sold Homes

29

15173 Forest Rd vs Forest

80 DAYS ON ROCKET

+57 Days

$1,799,900

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price in Forest, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #350492

Listing Office:

  • Office Name: Priority One Properties
  • Listing Agent: Josh Allen

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 11:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 11, 2020Home Sold
$750,000
Mar 05, 2012Home Sold
$735,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,607$321,300
2020$2,618$523,600
2019$2,618$523,600

History based on county public records data.

Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-5057292
8
/10
  • Thomas Jefferson Elementary School

  • 1255 Patriot Pl

  • 0.54 miles

  • Public District Grades PK-5

school-card-donut-5057293
9
/10
  • Forest Elementary School

  • 1 Scholar Ln

  • 1.22 miles

  • Public District Grades PK-5

school-card-donut-5057294
5
/10
  • Tomahawk Elementary School

  • 155 Bee Dr

  • 3.24 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,381. Residents of Forest, VA typically earn between $35k-100k each year. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 15173 Forest Rd

What is the listing price of this property?

The listing price of 15173 Forest Rd property is $1,799,900.

What type of property is this?

The property 15173 Forest Rd is land located in Forest, Virginia, 24551.

Is this property for sale now?

Active Listing: 15173 Forest Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,607 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 11, 2020 for $750,000. (source: MLS/tax record).

How much acreage is this property?

The property 15173 Forest Rd is 6.32 acres.
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Rocket HomesVirginiaBedford CountyForest2455115173 Forest Rd

This home is located at 15173 Forest Rd in Forest, VA and zip code 24551. This home sits on a 6.32 acre lot. It has been listed on Rocket Homes since February 12, 2024 and is currently priced at $1,799,900.

In April 2024, from all listings sold in Forest, VA there were more than 7 sold above asking price, over 7 sold below and more than 15 were sold right at the asked price. The number of homes for sale in Forest, VA increased by 47.1% between March 2024 and April 2024. The median list price of listings available in April 2024 was $395,000, while the average time on the real estate market was 23 days.

From Rocket Homes Real Estate and based on county public records data.

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