Excellent opportunity to own commercial property in a desirable location just moments from Smith Mountain Lake! Conveniently located on Moneta Road traveling from Bedford toward the lake, the property offers Planned Commercial Development zoning and potential for a variety of business or investment opportunities. Public water and sewer are available, adding to the property's development potential. A great opportunity for investors, developers, or businesses looking to establish a presence in the Smith Mountain Lake area.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Total Sq. Ft.
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Style
Vacant Land
County
Bedford County
APN
221 A 7B
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Last updated by owner on Oct 21, 2026.
PCD
CO
Planned Commercial Development District
The intent of the planned commercial development (PCD) district is to promote the efficient use of commercial land by allowing a wide range of land uses of various densities and flexible application of development controls. The goals may be accomplished while also protecting surrounding property, the natural features, and scenic beauty of the land. The planned commercial development district is provided in recognition that many commercial, office and residential establishments seek to develop within unified areas, usually under single ownership or control. Because these concentrations of retail, service, and office establishments are generally stable and offer unified internal arrangement and development, potentially detrimental design effects can be recognized and addressed during the review of the development. For these reasons, the provisions for the PCD allow greater development latitude. Districts should be proposed and planned for areas that provide for adequate development and expansion space, controlled access points, landscaped parking areas, and public utilities. Development of the PCD will take place in general accordance with an approved master plan, which may allow for clustering of uses and densities in various areas of the site. Planned commercial development districts should be a visual asset to the community. Buildings within the district are to be architecturally similar in style and the relationship among individual establishments should be harmonious. The site should be well landscaped and parking and loading areas are to be screened.
Zone overlays
Corridor Overlay District
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 101° expected this year, 18 days in 30 years
2/10 Wind Factor
3% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Sun exposure
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Provided by Shadowmap
Redfin Estimate for Lot 2 Moneta Rd
$234,728
$172 under list price of $235K
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $140K to $480K.