130+ Acres near Lexington, VA bordering both Rt 11 N and I 81S and within 2 miles of the I64 W interchange. High visibility, great accessibility, public water, sewer & high speed internet available and a natural gas line crossing the property which could be tapped for high volume users. A commercial entry is already installed and ready for roadways to be extended to the numerous potential building sites on the property. Currently zoned B-1 and Ag Transitional with the opportunity for varied usages ( light manufacturing, commercial, retail, restaurants, hotels, multi family and single family housing) or a combination of many. This is one of the largest and most desirable parcels along I 81 accessed not by a service road but a highly traveled US highway. Sold in total but buyer can divide. There is opportunity here for a well planned business park, retail center, sports fields, restaurants & hotels with plenty of room left for much needed apartments, condos, patio homes etc. The land lays in such a way as to allow for multiple uses which could compliment each other. The location can be accessed in less than 20 minutes from almost any part of Rockbridge County and a good portion of Augusta.
This property fronts on both Rt 11 and I 81 and has had some out conveyances which were surveyed when sold several years ago so several boundary lines are established. There is not a current field survey but local surveyors Perkins and Orrison have prepared a composite plat reflective of the parcels for sale.
Lot/land
$3,500,000
0 N Lee Hwy, Lexington, VA 24450
--beds
--baths
129Acres
Unimproved Land
Built in ----
129 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 313 days
- on Zillow |
- 157 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: June 30, 2025 at 12:37am
Listed by:
Jane Harris 540-460-1932,
James River Realty - Lexington
Source: Rockbridge Highlands REALTORS®,MLS#: 138882

Travel times
Facts & features
Property
Features
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s), Valley
- Waterfront features: Pond, Spring
Lot
- Size: 129 Acres
- Features: Interior Lot, Acreage, Hardwoods, Cropland, Level, Open, Pasture, Views, Wooded
- Topography: Mixed,Steep
Details
- Zoning description: Business
Utilities & green energy
- Sewer: Public Sewer Avail
- Water: Public Water Avail
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available, Fiber Optic
Community & HOA
Location
- Region: Lexington
Financial & listing details
- Annual tax amount: $5,200
- Date on market: 10/22/2024
- Road surface type: Paved
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