Northpointe Lexington, VA 24450
- Land
Current Use by Public Records
- Land
Property Details for 0 Northpointe
- Property type
- Land
Description
Northpointe presents a remarkable 58-acre commercial land opportunity in Lexington, Virginia. Strategically located at I-81 Exit 195, at the intersection of I-81/I-64 and US Route 11, this B-1 zoned property boasts exceptional visibility and accessibility, with an average daily traffic count of 54,800 vehicles on adjacent roads. Public utilities including water, sewer, electricity, fiber/broadband, and natural gas are readily available, simplifying development. Existing infrastructure includes an engineered road, soil erosion control, and a retention pond. The site is ideal for a mixed-use project, accommodating hotels, restaurants, service stations, travel centers, RV parks, and convenience stores. Its proximity to downtown Lexington (minutes away), Roanoke (45-minute drive), three universities, the Virginia Horse Center, Natural Bridge State Park, and numerous tourist attractions ensures high demand. Nearby established businesses such as ExxonMobil, several hotels, and a future Circle K further highlight the site's potential. Flexible owner financing options are available. This is one of the region's largest commercial development opportunities, offering scenic views of Lexington.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Rockbridge
- State
- Virginia
- Longitude
- -79.3718
- Latitude
- 37.8407
