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    Commercial Land with Multiple Build Sites Title is generated by Realmo AI

    N Lee Highway, Lexington, VA 24450

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    Claim this Listing
    For Sale
    $3,500,000

    LAND - Lexington, VA

    Lot size:
    129.00 Acres
    Added:
    Oct 22, 2024
    Days on Market:
    625
    Last Refresh:
    Jul 8 at 4:06 am

    Property Features for N Lee Highway

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Business
    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

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

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    Jane Harris
    Jane Harris

    Listing agent Jane Harris

    Listing office James River Realty - Lexington Lexington, VA

    Listing date Oct 22, 2024

    MLS# 138882 Listing URL

    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.

    HighLights

    • 130+ acres near Lexington, VA with direct frontage/bordering access to Rt 11 N and I‑81 S
    • Within 2 miles of the I‑64 W interchange with established commercial entry for roadways to extend to building sites
    • Utilities available: public water and public sewer, plus high‑speed internet
    • Natural gas line crosses the property and may be tapped for high‑volume users
    • Currently zoned B‑1 and Ag Transitional with potential for varied uses such as light manufacturing, commercial/retail, restaurants, hotels, and multi‑family/single‑family housing
    • Sold in total, with buyer option to divide

    Overview

    This property is a 130+ acre commercial land tract offered for sale as a single parcel, with a commercial entry already installed to support extension of roadway access to multiple potential building sites. Utilities are available on site, including public water and sewer, along with high-speed internet. A natural gas line crosses the property and may be tapped for higher-demand users.

    The land is located near Lexington, Virginia, bordering both Rt 11 N and I 81S, and within 2 miles of the I 64 W interchange. The site is described as having high visibility and strong accessibility from the surrounding highway network.

    Zoning information indicates it is currently zoned B-1 and Ag Transitional under a broader “Business” zoning designation. That framework provides flexibility for a range of uses, including light manufacturing, commercial, retail, restaurants, hotels, and multifamily and single-family housing, either as standalone concepts or in combination. While the property is offered sold in total, the listing notes the buyer can divide, which may allow development to be phased or tailored to end-user or tenant requirements.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lexington
    County
    Lexington
    State
    Virginia
    Longitude
    -79.381087
    Latitude
    37.827006

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 130+ acre tract with utilities available and a commercial entry, suited for varied development under existing zoning.
    Where is this agricultural land / farmland 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: 130+ acres near Lexington, VA with direct frontage/bordering access to Rt 11 N and I‑81 S; Within 2 miles of the I‑64 W interchange with established commercial entry for roadways to extend to building sites; Utilities available: public water and public sewer, plus high‑speed internet
    More about this property
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