$3,500,000

000 N Lee Hwy Unit 11 Lexington, VA 24450

Estimated payment $22,830/month

Total Views 19,831
129 Acres
$27,132 Price per Acre
5,619,240 Sq Ft Lot

About This Lot

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.

Listing Agent

Janie Harris

James River Realty - Lexington Listed on: 10/22/2024

Map

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Lexington, Rt 11 North for approximately 4 miles. Property on the right
  • HistoricProperty: No
  • InternetServicesAvailable: Fiber Optic
  • Listing Member Name: Jane Harris
  • Listing Office Short Id: jrrlex
  • Open House Office I D: 20080325192429605012000000
  • Hoa2 Or Poa: Yes
  • Prop. Type: Lots And Land
  • Subdivision Yn: No
  • Lot Use: Combination, Multi-Family, Subdevelop
  • Taxes Dollars: 5200.00
  • TotalAcresApx: 129.00
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Flood Zone Other: YES
  • Entry Location: Inside Lot
  • Utilities Available Other: hi volume gas users

Exterior Features

  • Easements: Unknown
  • Exterior Features: Hardwoods, View - Mountain, View - Valley
  • Road Frontage: Paved Road, US Highway
  • Street: Lee
  • Surface Water: Pond, Spring
  • Tax Rate: .61
  • Flood Zone: NE
  • Fencing: Partial
  • Topography: Cropland, Level, Mixed, Open, Pasture, Steep, Views, Woods

Utilities

  • Sewer: Public Sewer Avail
  • Utilities Available: Electric, Gas, Public Sewer, Public Water
  • Water: Public Water Avail

Schools

  • Elementary School: Fairfield
  • Middle School: Maury River
  • High School: Rockbridge Co
  • Elementary School: Fairfield
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Future Land Use: Yes
  • Zoning: Business
  • Lot Type: Acreage

Tax Info

  • Tax Map Number: 62 5 1, 62 5 1H, 62 5 1 J
  • Tax Year: 2024

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 For Sale $3,500,000 -- --
Source: Rockbridge Highlands REALTORS®

Source: Rockbridge Highlands REALTORS®

MLS Number: 138882