Commercial Land with Highway
For Sale
$3,500,000
N Lee Highway, Lexington, VA 24450
Land, Lexington, VA
Property SizeContact for details
Lot Size129.00 Acres
Days on Market681
Property Features for N Lee Highway
General Information
Property type
Land
Property subtype
Other
Zoning
Business
Elementary school
Fairfield
Middle school
Maury River
High school
Rockbridge Co
Directions
From Lexington, Rt 11 North for approximately 4 miles. Property on the right
Subdivision
Rockbridge
Standard status
Active
APN
62 5 1, 62 5 1H, 62 5 1 J
Lot size
129.00 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
11 Warm Run Reveley
Tax Annual Amount
5200
Legal Description
11 Warm Run Reveley
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
James River Realty - Lexington
(540) 463-2117
Listed By:
Jane Harris
(540) 460-1932
Added: Oct 22, 2024
Changed: Aug 19
Last Checked: Sep 2 at 1:06AM
MLS# 138882
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 offering includes a substantial tract with a commercial entrance already in place. The entry is positioned for extension into roadway access serving multiple potential building sites. Public water and sewer are available, along with high-speed internet. A natural gas line crosses the property and may support connection for high-volume users.
The land borders Rt 11 N and I 81S near Lexington, Virginia, with the I64 W interchange within 2 miles. It is being offered in its entirety, while the buyer may divide the property. The address is N Lee Highway, Lexington, VA 24450, in Rockbridge County.
The land borders Rt 11 N and I 81S near Lexington, Virginia, with the I64 W interchange within 2 miles. It is being offered in its entirety, while the buyer may divide the property. The address is N Lee Highway, Lexington, VA 24450, in Rockbridge County.
Key Highlights
- Borders both Rt 11 N and I 81S
- Within 2 miles of the I64 W interchange
- Public water and public sewer available
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
43
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Development tract with public utilities, high-speed internet availability, and an installed commercial entrance.
Where is this commercial land located?
The property is located at N Lee Highway Lexington, VA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Borders both Rt 11 N and I 81S; Within 2 miles of the I64 W interchange; Public water and public sewer available
