Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    112 Houston St Lexington, VA 24450

    For Sale
    $1,065,000

    Office - Lexington, VA

    Type:Office
    Lot size:
    0.53 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 112 Houston St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Parking
    22
    Lot size
    0.53 Acres

    Building Details

    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    Waldvogel Commercial Properties, Inc. (540) 342-0800 [email protected]

    Listing agent KRISTA VANNOY (540) 342-0800

    Listing date Oct 22, 2025

    MLS# 922097 Listing URL

    Copyright © 2025 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lexington Investment Property For Sale

    This investment property features two buildings in Lexington, Virginia. One building, constructed in 1994, is a two-tenant medical office building located in a planned development near another medical office and Carilion Rockbridge Community Hospital. This building is fully leased to a dental practice (Suite A) and an oral surgery practice (Suite B). The property also includes a residential duplex built around 1922. Both units of the duplex are rented and professionally managed. The lot size is 0.53 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Lexington
    State
    Virginia
    Longitude
    -79.443531
    Latitude
    37.777789

    Nearby Similar for Sale

    • $325,000
      1,485 SF

      37.5 Acre Lexington Farm

      37.5 acres with cabin, suitable for various uses.
      3441 W Midland Trl, Lexington, VA 24450
      View Details
    • $325,000
      37.50 Acres

      37.5 Acres Agricultural Land

      37.5 acres of land suitable for various agricultural uses.
      3441 W Midland Trl, Lexington, VA 24450
      View Details
    • $699,000
      4,910 SF

      Prime Lexington Office Building For Sale

      High-visibility Lexington office building with parking, suitable for multiple uses.
      210 E Washington St, Lexington, VA 24450
      View Details
    • $110,000
      2,000 SF

      Turnkey BBQ Restaurant Opportunity

      Successful BBQ restaurant for sale near I-81 and Rt. 60.
      141 E Midland Trl, Lexington, VA 24450
      View Details
    • $345,990
      1,500 SF

      New Duplex-Style Home

      Duplex-style home with 2 bedrooms, 2 bathrooms, and 2-car garage.
      9 Florence Sarah Ln, Lexington, VA 24450
      View Details
    • $998,900
      6,336 SF

      Historic Shenandoah Valley Hotel

      10-Acre Estate, 8+ Guest Rooms
      325 Union Run, Lexington, VA 24450
      View Details

    FAQs

    What type of property is this?
    Medical office - Two-building investment property in Lexington, Virginia, featuring medical office and duplex.
    Where is this medical office located?
    The property is located at 112 Houston St Lexington, VA.
    What is the asking price?
    The asking price for this property is $1,065,000.
    What are key features of this property?
    This property features: - Two-tenant medical office building **fully leased to established dental and oral surgery practices.**; - Located in a planned development near Carilion Rockbridge Community Hospital.; - Includes a residential duplex with both units currently rented and professionally managed.
    (540) 342-0800
    Request Owner's contact information
    112 Houston St Lexington, VA 24450
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    112 Houston St
    Lexington, VA 24450
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    112 Houston St Lexington, VA 24450
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.