Commercial Land with Road
For Sale
$240,000
1.501 Ac. Boundary Line Ln, Lexington, VA 24450
Land, Lexington, VA
Property SizeContact for details
Lot Size1.50 Acres
Days on Market29
Property Features for 1.501 Ac. Boundary Line Ln
General Information
Property type
Land
Property subtype
Other
Zoning
Business
Subdivision
North Lee Hi Acres
Elementary school
Central
Middle school
Maury River
High school
Rockbridge Co
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.
Standard status
Active
APN
49-10-1A1
Lot size
1.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Parcel with any improvements thereon in WC District designated as Lot 1A1 containing 1.501 acres, m/l,, shown on a preliminary plat by Dorsey to be recorded.
Tax Annual Amount
721
Legal Description
Parcel with any improvements thereon in WC District designated as Lot 1A1 containing 1.501 acres, m/l,, shown on a preliminary plat by Dorsey to be recorded.
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
James Wm. Moore Real Estate Co.
(540) 463-7080
Listed By:
Will Moore · License #0225199100
(540) 460-4602
Added: Aug 11
Changed: Aug 19
Last Checked: Sep 8 at 12:06PM
MLS# 140219
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This commercial land parcel fronts state-maintained Boundary Line Ln. and benefits from access near I-81 Exit 195. Electric, public water, and public sewer are available at the site, supporting consideration for commercial development subject to applicable approvals.
The property is near U.S. Route 11, which records 6,800 ADT, while nearby I-81 carries more than 48,000 vehicles per day. The site is also located near downtown Lexington, Washington and Lee University, Virginia Military Institute, and the Virginia Horse Center. Additional adjoining parcels of 1.12 acres and 1.500 acres are available.
The property is near U.S. Route 11, which records 6,800 ADT, while nearby I-81 carries more than 48,000 vehicles per day. The site is also located near downtown Lexington, Washington and Lee University, Virginia Military Institute, and the Virginia Horse Center. Additional adjoining parcels of 1.12 acres and 1.500 acres are available.
Key Highlights
- Near I‑81 Exit 195 with traffic exposure exceeding 48,000 vehicles per day
- Frontage on state‑maintained Boundary Line Ln.
- U.S. Route 11 exposure with 6,800 ADT
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
40
Businesses Nearby
Explore this area
Business Placement
Demographics for 24450, VA
17,654
Population
7,650
Households
2.3
Avg Household Size
37
Median Age
46%
College-Educated
94%
High-School Grad
220.0 sq mi
ZIP Area
80
Density / Sq Mi
$77,839
Median Household Income
$29,841
Median Earnings
$1,017
Median Rent
$294,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial parcel with Boundary Line Ln frontage and electric, water, and sewer service available at the site.
Where is this commercial land located?
The property is located at 1.501 Ac. Boundary Line Ln Lexington, VA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Near I‑81 Exit 195 with traffic exposure exceeding 48,000 vehicles per day; Frontage on state‑maintained Boundary Line Ln.; U.S. Route 11 exposure with 6,800 ADT
