Commercial Land with Highway
For Sale
$3,500,000
N Lee Highway, Lexington, VA 24450
Land, Lexington, VA
Property SizeContact for details
Lot Size129.00 Acres
Days on Market692
Property Features for N Lee Highway
General Information
Property type
Land
Property subtype
Other
Zoning
Business
Zoning description
Business
Exterior features
Hardwoods, View - Mountain, View - Valley
Elementary school
Fairfield
Middle school
Maury River
High school
Rockbridge Co
Directions
From Lexington, Rt 11 North for approximately 4 miles. Property on the right
Subdivision
Rockbridge
Standard status
Active
APN
62 5 1, 62 5 1H, 62 5 1 J
Lot size
129.00 Acres
Taxes and HOA fees
Tax Description
11 Warm Run Reveley
Tax Annual Amount
5200
Legal Description
11 Warm Run Reveley
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
James River Realty - Lexington
(540) 463-2117
Listed By:
Jane Harris
(540) 460-1932
Added: Oct 22, 2024
Changed: Sep 8
Last Checked: Sep 13 at 8:06AM
MLS# 138882
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 offering includes highway frontage along Rt 11 N and I 81 S, with a commercial entry already in place. Public water and public sewer are available, and high-speed internet is also identified for the property. A natural gas line crosses the tract and may support connection for high-volume users.
The property is within 2 miles of the I64 W interchange and is located in Lexington, providing access from both Rt 11 N and I 81 S rather than a service road. The land includes hardwoods and mountain and valley views. Multiple potential building areas are noted, while roadway extensions can be made from the existing commercial entry. A composite plat has been prepared from surveyed parcel information, although a current field survey is not in place.
The property is within 2 miles of the I64 W interchange and is located in Lexington, providing access from both Rt 11 N and I 81 S rather than a service road. The land includes hardwoods and mountain and valley views. Multiple potential building areas are noted, while roadway extensions can be made from the existing commercial entry. A composite plat has been prepared from surveyed parcel information, although a current field survey is not in place.
Key Highlights
- Highway frontage along both Rt 11 N and I 81 S
- Within 2 miles of the I64 W interchange
- Public water and public sewer available
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
43
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Large commercial tract with public utilities, an installed entry, and access to established regional highways.
Where is this commercial land located?
The property is located at N Lee Highway Lexington, VA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Highway frontage along both Rt 11 N and I 81 S; Within 2 miles of the I64 W interchange; Public water and public sewer available
