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    4.12 Ac. - Boundary Line Ln Lexington, VA 24450

    For Sale
    $425,000

    Commercial/Industry - Lexington, VA

    Lot size:
    4.12 Acres
    Days on Market:
    188
    Last Refresh:
    Dec 11 at 1:06 am

    Property Features for 4.12 Ac. - Boundary Line Ln

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business
    Lot size
    4.12 Acres

    Building Details

    Architectural style
    Other

    James Wm. Moore Real Estate Co. (540) 460-4602 [email protected]

    Listing agent Will Moore (540) 460-4602

    Listing date Jun 7, 2025

    MLS# 139330 Listing URL

    Copyright © 2025 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.

    Overview

    Prime Commercial Land Near I-81

    This 4.121-acre commercial parcel is a development opportunity located just off Exit 195 on I-81, offering exposure to over 48,000 vehicles per day. Zoned B-1 Business, the property has a favorable layout and frontage on state-maintained Boundary Line Ln., with visibility from U.S. Route 11, which sees 6,800 vehicles daily. The site is suitable for various commercial uses due to its layout and access. Electric, water, and sewer utilities are available at the site. The location is minutes from downtown Lexington and regional attractions such as Washington and Lee University, Virginia Military Institute, and the Virginia Horse Center.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lexington
    County
    Lexington
    State
    Virginia
    Longitude
    -79.374606
    Latitude
    37.839009

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    FAQs

    What type of property is this?
    Commercial land - 4.12-acre commercial parcel near I-81, Lexington, VA.
    Where is this commercial land located?
    The property is located at 4.12 Ac. - Boundary Line Ln Lexington, VA.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Prime commercial site with **high visibility and exposure** to over 48,000 vehicles per day via I-81.; - Zoned B-1 Business, suitable for a variety of commercial uses.; - Utilities (electric, water, and sewer) are available at the site.
    (540) 460-4602
    Request Owner's contact information
    4.12 Ac. - Boundary Line Ln Lexington, VA 24450
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    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

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    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
    4.12 Ac. - Boundary Line Ln Lexington, VA 24450
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