15173 Forest Rd Forest, VA 24551
Estimated payment $4,568/month
About This Lot
Prime commercial real estate strategically located in the heart of Forest, VA! Featuring versatile space and favorable zoning, this property is perfectly positioned to capitalize on the region's continuous growth. It currently receives steady monthly rent from multiple At Will tenants, making it an ideal scenario for an investor looking to hold, or a business owner wanting to collect income while finalizing plans to transition the space for their own use. Easy ingress/egress, ample parking, and some of the best mountain views in the area make this an exceptionally desirable location. Additional 5.918 adjoining acres can be purchased together with this parcel (mls #366060).
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,870
Lot Details
- 25,570 Sq Ft Lot
- Property is zoned C-2
Schools
- Forest Elementary School
- Forest Midl Middle School
- Jefferson Forest-Hs High School
Utilities
- Underground Utilities
Community Details
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 116-A-24B
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,410 | $343,800 | $343,800 | $0 |
| 2024 | $2,957 | $721,200 | $664,700 | $56,500 |
| 2023 | $2,957 | $360,600 | $0 | $0 |
| 2022 | $2,997 | $299,650 | $0 | $0 |
| 2021 | $1,607 | $321,300 | $264,800 | $56,500 |
| 2020 | $2,618 | $523,600 | $264,800 | $258,800 |
| 2019 | $2,618 | $523,600 | $264,800 | $258,800 |
| 2018 | $2,540 | $488,500 | $231,700 | $256,800 |
| 2017 | $2,540 | $488,500 | $231,700 | $256,800 |
| 2016 | $2,458 | $472,700 | $231,700 | $241,000 |
| 2015 | $3,646 | $701,200 | $405,500 | $295,700 |
| 2014 | $2,846 | $547,300 | $289,700 | $257,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/27/2026 04/27/26 | For Sale | $799,900 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $1,650,000 | -- | |
| Warranty Deed | $750,000 | Attorney | |
| Deed | $735,000 | None Available | |
| Deed | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,237,500 | New Conventional | |
| Previous Owner | $585,000 | Commercial | |
| Previous Owner | $423,050 | Commercial | |
| Previous Owner | $500,000 | Credit Line Revolving |
Source: Lynchburg Association of REALTORS®
MLS Number: 366059
APN: 116-A-24
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Ask me questions while you tour the home.