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    Tbd Park Pl Lexington, VA 24450

    For Sale
    $215,000

    Commercial - LEXINGTON, VA

    Lot size:
    2.50 Acres
    Days on Market:
    103
    Last Refresh:
    Dec 8 at 7:06 pm

    Property Features for Tbd Park Pl

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-1 Business General
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    2.50 Acres

    Building Details

    Architectural style
    Other

    RE/MAX TOWN & COUNTRY (540) 463-7629

    Listing agent PAULA MARTIN (540) 463-2016

    Listing date Aug 28, 2025

    MLS# 667721 Listing URL

    Copyright © 2025 Greater Augusta 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

    Prime Commercial Land, Lexington, VA

    This 2.46-acre commercial lot is located along Highway 11, offering excellent exposure and access to daily traffic. The property is positioned just a minute away from I-81/I-64 access and 10 minutes from downtown historic Lexington. The elevated lot provides views of House Mountain and the Alleghenies. Zoned B-1 Business General, the property allows for a number of potential business uses. Existing businesses in the area include Lexington Coffee Roasters, Goad's Auto Body Shop, Hull's Drive-In Theater, Lee Hi Truck Stop, Rockbridge Glass & Mirror, and Devil's Backbone Brewing Co.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lexington
    County
    Lexington
    State
    Virginia
    Longitude
    -79.5193
    Latitude
    37.7866

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    FAQs

    What type of property is this?
    Commercial land - 2.46 acre commercial lot with excellent highway access.
    Where is this commercial land located?
    The property is located at Tbd Park Pl Lexington, VA.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: - Prime location on Highway 11 business corridor with high traffic exposure.; - Business zoning allows for a wide range of potential uses.; - Breathtaking views of House Mountain and the Alleghenies.
    (540) 463-2016
    Request Owner's contact information
    Tbd Park Pl 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

    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
    Tbd Park Pl Lexington, VA 24450
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