Commercial Land With Highway
For Sale
$240,000
1.501 Ac. Boundary Line Ln, Lexington, VA 24450
Land, Lexington, VA
Property SizeContact for details
Lot Size1.50 Acres
Days on Market13
Property Features for 1.501 Ac. Boundary Line Ln
General Information
Property type
Land
Property subtype
Other
Zoning
Business
Subdivision
North Lee Hi Acres
Elementary school
Central
Middle school
Maury River
High school
Rockbridge Co
Directions
From I-81 Exit 195, head S. on U.S. Rt. 11 for a short distance to right on Boundary Line Ln. Property on left.
Standard status
Active
APN
49-10-1A1
Lot size
1.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Parcel with any improvements thereon in WC District designated as Lot 1A1 containing 1.501 acres, m/l,, shown on a preliminary plat by Dorsey to be recorded.
Tax Annual Amount
721
Legal Description
Parcel with any improvements thereon in WC District designated as Lot 1A1 containing 1.501 acres, m/l,, shown on a preliminary plat by Dorsey to be recorded.
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
James Wm. Moore Real Estate Co.
(540) 463-7080
Listed By:
Will Moore · License #0225199100
(540) 460-4602
Added: Aug 11
Changed: Aug 19
Last Checked: Aug 23 at 10:06AM
MLS# 140219
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 parcel is located along Boundary Line Ln. in Lexington, with frontage on a state-maintained roadway and added exposure from U.S. Route 11. The site has access to electric, public water, and public sewer utilities.
The property is positioned near I-81 Exit 195, with reported exposure to more than 48,000 vehicles per day on I-81 and 6,800 ADT on U.S. Route 11. Downtown Lexington, Washington and Lee University, Virginia Military Institute, and the Virginia Horse Center are within minutes. Additional adjoining parcels of 1.12 ac. and 1.500 ac. are also available.
The property is positioned near I-81 Exit 195, with reported exposure to more than 48,000 vehicles per day on I-81 and 6,800 ADT on U.S. Route 11. Downtown Lexington, Washington and Lee University, Virginia Military Institute, and the Virginia Horse Center are within minutes. Additional adjoining parcels of 1.12 ac. and 1.500 ac. are also available.
Key Highlights
- Near I‑81 Exit 195 with exposure to over 48,000 vehicles per day
- Frontage on state‑maintained Boundary Line Ln.
- Additional visibility from U.S. Route 11, carrying 6,800 ADT
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
40
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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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial parcel with state-maintained road frontage and electric, water, and sewer utilities available at the site.
Where is this commercial land located?
The property is located at 1.501 Ac. Boundary Line Ln Lexington, VA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Near I‑81 Exit 195 with exposure to over 48,000 vehicles per day; Frontage on state‑maintained Boundary Line Ln.; Additional visibility from U.S. Route 11, carrying 6,800 ADT
