Property summary
This exceptional 7.358-acre property presents a unique investment opportunity in Lexington, Virginia. Strategically located at the intersection of Route 39 and Route 750, at 422 Maury River Road, this land boasts a highly desirable B-1 zoning classification, permitting a wide range of commercial, industrial, and residential developments. Its proximity to the Virginia Horse Center, a major attraction drawing approximately 600,000 visitors annually, offers significant potential for businesses catering to tourism and equestrian activities. The property's size and zoning flexibility allow for diverse development options, including retail spaces, multifamily housing, or even a hotel. The seller is open to financing options and will consider joint ventures. The property is being offered for sale by owner at $1,200,000. This is a rare chance to acquire a substantial parcel of land in a thriving area with exceptional visibility and access. Don't miss this opportunity to capitalize on the high traffic and strong potential of this prime location. The property's address is 422 Maury River Road, Lexington, VA 24450.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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