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Property profile & analytics
OFF-MARKET
Commercial real estate

35 Pinehurst Dr Lexington, VA 24450

0.57 ac lot
Property ID
US87-2923287
Property summary
AI-generated overview

This exceptional 0.57-acre commercial lot in Lexington, Virginia, presents a unique opportunity for development. Boasting a level, open building site, the property offers stunning views overlooking the 18-hole Lexington Golf and Country Club. Situated in a well-established, upscale neighborhood, this location provides convenient access to essential public utilities. The lot's desirable location is a short distance from the vibrant historic downtown Lexington area, as well as the prestigious Washington and Lee University and Virginia Military Institute. This prime location combines the tranquility of a premier residential neighborhood with the proximity to thriving educational and cultural institutions. The asking price for this exceptional building lot is $119,900. The property is located at Lot 35 Pinehurst Dr, Lexington, VA 24450, and offers a rare chance to build in a highly sought-after area. The level terrain simplifies construction, and the open space provides ample room for design flexibility. This is an ideal location for a variety of commercial ventures, capitalizing on the strong local economy and the high visibility afforded by its proximity to the golf course. Don't miss this opportunity to acquire a piece of Lexington's desirable real estate market.

Property profile
Verified
Property type Commercial real estate
Lot 0.57 ac (24,829 SF)
UPID US87-2923287
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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