Mixed-Use Land for Sale in Lexington, Virginia

N Lee 11 Hwy Lexington, VA 24450

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$3,500,000
129 acres
Active sale agoEst $25,823/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.

Directions

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

Location

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

Property details

Zoning
Business
MLS Number
LBVRAR 138882
Date Posted

Property taxes

2024
$5,200

Legal description

This 129-acre property is located at N Lee 11 Hwy in Lexington, VA 24450 with latitude 37.827 and longitude -79.3811. The property is currently available for sale for $3,500,000 with a price per acre of $27,132. Listing data is sourced from Rockbridge Highlands Realtors # 138882.

Verify sale details at the property source or contact James River Realty - Lexington at (540) 463-2117.

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Copyright (C) 2024 Rockbridge Highlands Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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