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Commercial Land for Sale in Lexington, Virginia

Boundary Line Ln, Lexington, VA 24450

$240,000
1.5 acres
Active sale
ago
Est $1,688/mo

Prime 1.501-Acre Commercial Site Near I-81 Exit 195. This parcel presents a well-positioned development opportunity just off Exit 195 on I-81 with its exposure to over 48,000 vehicles per day. Zoned B-1 Business, the property lays well and offers frontage on state-maintained Boundary Line Ln., with added visibility from U.S. Route 11 (6,800 ADT). Its favorable layout and access make it ideal for a variety of commercial uses. Electric, water, and sewer utilities are available at the site, which is located is only minutes from downtown Lexington and regional draws like Washington and Lee University, Virginia Military Institute, and the Virginia Horse Center providing consistent customer flow year-round. Additional adjoining 1.12-ac. and 1.500-ac. parcels available.

Location

Street address
Boundary Line Ln
Zip code
24450
Community
North Lee Hi Acres
Elevation
1,186 feet
Coordinates
37.8396, -79.3749

Directions

From I-81 Exit 195, head S. on U.S. Rt. 11 for a short distance to right on Boundary Line Ln. Property on left.

Property details

Acreage
1.5 acres65,340 sq ft
Zoning
Business
MLS #
LBVRAR 140219
Posted

Property taxes

2025
$721

Parcels

  • 49-10-1A1

Legal description

Details and features

Listing

Type
Land

Structure

Water
Public
Sewer
Public Sewer

Nearby schools

NameType
CentralElementary
Maury RiverMiddle
Rockbridge CoHigh

Listing history

DateEventPriceChangeSource
Aug 11, 2026New listing$240,000LBVRAR
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This 1.5-acre property is located at Boundary Line Ln in Lexington, VA 24450. The land is available for sale, priced at $240,000 — $160,000 per acre.

Listed by James Wm. Moore Real Estate Co., (540) 463-7080

Checked 1 hour agoUpdated Source

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