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Multi-Office Building
New
For Sale
$649,900

5874 N Lee Hwy, Fairfield, VA 24435

A flexible business layout includes individual offices, conference rooms, and a substantial lobby.

Property Size7,300 SF
Lot Size1.30 Acres
Price / SF$89.03
Days on Market3

Property Features for 5874 N Lee Hwy

General Information

Standard status Active
Size 7,300 SF
Lot size 1.30 Acres
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Property Use Office

Building Details

Year Built 1980
Listing Agency: PAUL WESLEY REAL ESTATE
Listed By: Charity Cox · License #6636
Source: Klineandcorealestate
Added: Oct 24 Changed: Oct 26 Last Checked: Oct 26 at 1:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PAUL WESLEY REAL ESTATE

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1980 office building contains over 7300 sq ft on a level 1.3-acre parcel. Its interior includes multiple offices, conference rooms, and a large lobby; the property previously operated as a bank. Business zoning is noted, and the site provides ample parking.

The property is on Rt 11, minutes from I81 and close to historic downtown Lexington. It is located beside the local fire department.

Key Highlights

  • Over 7300 sq ft of building area
  • 1.3‑acre parcel with a level lot
  • Interior includes offices, conference rooms, and a large lobby

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Building Supply Auto Parts Store Food Market Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby

Demographics for 24435, VA

1,695
Population
959
Households
1.8
Avg Household Size
50
Median Age
44%
College-Educated
94%
High-School Grad
25.9 sq mi
ZIP Area
65
Density / Sq Mi
$66,620
Median Household Income
$52,531
Median Earnings
$192,900
Median Home Value

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

Frequently Asked Questions

What type of property is this?
Office building - A flexible business layout includes individual offices, conference rooms, and a substantial lobby.
Where is this office building located?
The property is located at 5874 N Lee Hwy Fairfield, VA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Over 7300 sq ft of building area; 1.3‑acre parcel with a level lot; Interior includes offices, conference rooms, and a large lobby
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