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Medical Office Condominium
For Sale
$1,125,000

25 Crossing Ln, Lexington, VA 24450

Commercial/Industry, Lexington, VA

Property Size10,250 SF
Price / SF$264.71
Days on Market139

Property Features for 25 Crossing Ln

General Information

Property type Commercial Sale
Property subtype Other
Zoning Business
Zoning description Business
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 3, Bathroom 2, Bathroom 1
Directions From downtown Lexington head north on Route #11. 1/10th mile past the East Lexington bridge turn left on Hunter Hill Rd. Hunter Hill Office Condominiums immediately on the right.
Subdivision Rockbridge
Standard status Active
APN 61A1-10-B1
Size 4,250 SF

Taxes and HOA fees

Tax Description Hunter Hill Office Building Condominiums Suite #1
Legal Description Hunter Hill Office Building Condominiums Suite #1

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Heat Pump
Water source Public

Building Details

Year built 2006
Flooring type Vinyl, Tile, Laminate
Roof type Shingle
Listing Agency: Lexington Real Estate Connection
Listed By: Michael Lonergan
Added: Apr 28 Changed: Sep 13 Last Checked: Sep 13 at 4:06PM
MLS# 139969

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 4,250-square-foot medical office condominium occupies the full street-level floor of a 10,250-square-foot building. The layout combines a substantial open area with 4 exam rooms, 3 offices, reception and waiting areas, a kitchen and laundry area, storage, utility and miscellaneous rooms, 2 full baths, and 1 half bath. The space is currently occupied by Blue Ridge Physical Therapy and is configured for medical office operations. Tile, laminate, and vinyl flooring are installed throughout, with heat pump heating and cooling.

The property is in an office development minutes from historic downtown Lexington, Washington & Lee University, and The Virginia Military Institute. It carries Business zoning and includes ample parking, public water, and public sewer. Built in 2006, the condominium offers a defined ground-floor footprint within a separately owned multi-level office building.

Key Highlights

  • 4,250‑square‑foot medical office condominium
  • Ground‑floor Suite #1 within a 10,250‑square‑foot building
  • 4 exam rooms, 3 offices, reception, waiting area, and open workspace

Property Analytics

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Current Use

Medical Office Space

Lease Details

1
Office units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Ground-level clinical suite with exam rooms, offices, reception, waiting space, and on-site parking.
Where is this medical office space located?
The property is located at 25 Crossing Ln Lexington, VA.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: 4,250‑square‑foot medical office condominium; Ground‑floor Suite #1 within a 10,250‑square‑foot building; 4 exam rooms, 3 offices, reception, waiting area, and open workspace
More about this property
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