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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

    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.
    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#: 138882MLS Logo
    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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