Listing Agency: Frank Hardy Sotheby's International Realty M***@frankhardy.com Show Phone

Listed By: Maurice Covington · License #VA

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Sep 1 at 9:48AM

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Investment Insights

Based on property information with market context.

This vacant commercial land parcel is wooded and positioned along N Lee Hwy, with established road frontage. The property is located less than a mile from VMI in Lexington, Virginia.

The site formerly operated as a two-pump gas station. Its commercial land classification and highway-oriented setting provide a straightforward opportunity for evaluation by users seeking land in the area.

Key Highlights

• Vacant wooded commercial land parcel
• Road frontage along N Lee Hwy
• Less than a mile from VMI

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Electrical Service Auto Parts Store Nail Salon Storage Facility (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

235

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

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Vacant parcel with road frontage located less than a mile from VMI.

Where is this commercial land located?

The property is located at 650 N Lee Hwy Lexington, VA.

What are key features of this property?

This property features: Vacant wooded commercial land parcel; Road frontage along N Lee Hwy; Less than a mile from VMI