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    142 Old Buena Vista Rd Lexington, VA 24450

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    For Lease
    $6,000 /Mo ($24 SF/Yr)

    Two-building office space on Chessie Trail near Maury River.

    Property size:
    3,000 SF
    Lot size:
    0.98 Acres

    Property Features for 142 Old Buena Vista Rd

    General Information

    Size
    3,000 SF
    Lot size
    0.98 Acres

    Source: Poe & Cronk Real Estate Group Agent Stephen Pendergrass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lexington Office Space For Rent

    This commercial property features two buildings totaling 3,000 square feet, situated on a 1-acre lot along the Chessie Trail. With 240 feet of frontage on the Maury River, the location offers a versatile setting suitable for various business ventures. Its strategic location provides accessibility and visibility, with close proximity to downtown Lexington and business hubs in Rockbridge County, making it convenient for both local and tourist traffic.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Auto Repair Shop Nail Salon Auto Parts Store Gym & Fitness Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Lexington
    State
    Virginia
    Longitude
    -79.4210921
    Latitude
    37.7914883

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    FAQs

    What type of property is this?
    Office building - Two-building office space on Chessie Trail near Maury River.
    Where is this office building located?
    The property is located at 142 Old Buena Vista Rd Lexington, VA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - 240 feet of frontage on the Maury River.; - Located on the Chessie Trail.; - Close proximity to downtown Lexington and Rockbridge County business hubs.
    (540) 982-2444
    Request Owner's contact information
    142 Old Buena Vista Rd Lexington, VA 24450
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    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
    142 Old Buena Vista Rd Lexington, VA 24450
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