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Commercial Land for Sale in Fairlawn, Virginia

Lee Hwy, Fairlawn, VA 24141

$395,000
2.33 acres
Active sale
$155k drop
Est $2,911/mo

Pad ready, graded 2.35 acres with frontage on University Park Drive and Lee Highway. Zoned Commercial District (CM-1) the potential for this property is almost limitless. This is the main artery between Radford, Dublin and Pulaski. With an influx of new construction and business development that surround this parcel the opportunity is excellent for an investor. With an average daily traffic count of 26,000 the visibility is excellent. The location is just down from a lighted intersection so access will be convenient. The variety of businesses in this area will be an asset to this location no matter the business model. Perfect for offices, service or retail.

Location

Street address
Lee Hwy
Zip code
24141
School district
Pulaski County
Elevation
2,005 feet

Directions

From Radford, cross Memorial Bridge, first property on the right after the turn to Hazel Hollow Rd. Corner of Lee Highway and University Park Drive.

Property details

Acreage
2.325 acres
Zoning
General Business
MLS #
NRVMLS 408678
Posted

Legal description

Details and features

Listing

Type
Commercial Sale

Lot

Features
Bus District/Outlyng

Nearby schools

NameTypeDistrict
DublinElementaryPulaski County
Pulaski County Middle SchoolMiddlePulaski County
Pulaski CountyHighPulaski County

Listing history

DateEventPriceChangeSource
June 4, 2026Price drop$395,000$154,750 -28.1%NRVMLS
June 4, 2026New listing$549,750NRVMLS
Dec 2, 2025Listing removed$549,750Listing agent
July 16, 2025Price drop$549,750$100,000 -15.4%NRVMLS
Feb 7, 2025Price increase$649,750$100,000 18.2%NRVMLS
Nov 19, 2024Price drop$549,750$100,000 -15.4%NRVMLS
Sept 17, 2024Price increase$649,750$51,000 8.5%NRVMLS
Feb 16, 2024New listing$598,750NRVMLS
Dec 2, 2023Listing removed$598,750Listing agent
July 8, 2023Price drop$598,750$76,250 -11.3%NRVMLS
Mar 12, 2022Price increase$675,000$200,000 42.1%NRVMLS
May 13, 2020New listing$475,000NRVMLS
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Payment calculator

This 2.325-acre property is located at Lee Hwy in Fairlawn, VA 24141. The property is available for sale for $395,000 with a price per acre of $169,892.

Listed by Page & Assoc. Real Estate, (540) 392-9505

Checked 2 hours agoUpdated Source

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