2.4 Ac. Waddell St Lexington, VA 24450
Estimated payment $1,551/month
About This Lot
One of the few remaining parcels of vacant land in the City of Lexington. 2.392 acres with convenient access to the highly travelled U.S. Route 11 and Main Street Corridors. Elevated site with mountain views is zoned Residential Multi-family allowing for construction of single-family, two-family, apartments and townhouses with other potential conditional uses. Property is an easy walk to Historic downtown Lexington and nearby schools and parks. Lexington City zoning department has indicated there is a high probability for rezoning given its consistency with a mixed-use neighborhood which would allow for light commercial usage.
Map
Property Details
Property Type
Land
Lot Details
0
Listing Details
- ConservationEsmnt: No
- Directions: From South Main Street/Rt 11 turn onto Waddell Street at the Rockbridge Farmers Coop. The property is on the left just past the Comfort Care building and across from Maury River Middle School
- HistoricProperty: No
- Listing Member Name: Lana H Nicely
- Listing Office Short Id: 86
- Open House Office I D: 20061211170240485629000000
- Hoa2 Or Poa: No
- Prop. Type: Lots And Land
- Subdivision Yn: No
- Lot Use: Multi-Family, Single Family
- Taxes Dollars: 1330.32
- Topography Other: Elevated
- TotalAcresApx: 2.39
- Special Features: None
- Property Sub Type: LotsLands
Interior Features
- Entry Location: Inside Lot
Exterior Features
- Exterior Features: View - Mountain
- Road Frontage: City Street
- Street: Waddell
- Tax Rate: 0.92
- Flood Zone: SW
- Topography: Open, Views
Utilities
- Sewer: Public Sewer Avail
- Utilities Available: Cable, Electric, Gas, Public Sewer, Public Water
- Water: Public Water Avail
Schools
- Elementary School: Waddell
- Middle School: Lylburn Downing
- High School: Rockbridge Co
- Elementary School: Waddell
- High School: Rockbridge Co
- Middle School: Lylburn Downing
Lot Info
- Future Land Use: No
- Lot Dimensions: see plat
- Zoning: Other (Use Remarks)
- Lot Type: Acreage, Acrge, Bld Lt Other
Tax Info
- Tax Map Number: 35-4-A1
- Tax Year: 2025
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/05/2025 03/05/25 | For Sale | $239,500 | -- | -- |
Source: Rockbridge Highlands REALTORS®
MLS Number: 139105
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