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Mixed-Use Land for Sale in Lexington, Virginia

N Lee 11 Hwy, Lexington, VA 24450

$3,500,000
129 acres
Active
Est $24,322/mo

130+ Acres near Lexington, VA bordering both Rt 11 N and I 81S and within 2 miles of the I64 W interchange. High visibility, great accessibility, public water, sewer & high speed internet available and a natural gas line crossing the property which could be tapped for high volume users. A commercial entry is already installed and ready for roadways to be extended to the numerous potential building sites on the property. Currently zoned B-1 and Ag Transitional with the opportunity for varied usages ( light manufacturing, commercial, retail, restaurants, hotels, multi family and single family housing) or a combination of many. This is one of the largest and most desirable parcels along I 81 accessed not by a service road but a highly traveled US highway. Sold in total but buyer can divide.

Location

Street address
N Lee 11 Hwy
Community
Rockbridge
Elevation
1,184 feet
Coordinates
37.827, -79.3811

Directions

From Lexington, Rt 11 North for approximately 4 miles. Property on the right

Property details

Acreage
129 acres
Zoning
Business
MLS #
LBVRAR 138882
Posted

Property taxes

2024
$5,200

Legal description

Details and features

Listing

Type
Land

Lot

View
Valley

Exterior

Fencing
Fenced
Features
Fence, Hardwoods

Nearby schools

NameLevelDistrictDescription
FairfieldElementary
Maury RiverMiddle
Rockbridge CoHigh

Listing history

DateEventPriceChangeSource
Oct 22, 2024New listing$3,500,000LBVRAR
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This 129-acre property is located at N Lee 11 Hwy in Lexington, VA 24450. The property is available for sale for $3,500,000 with a price per acre of $27,132.

Checked 1 hour ago — Updated

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