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0 Baths

$3,500,000

000 N Lee Highway, 11, Lexington VA, 24450

Price per sqft$0.62
Lot size129 Acres
Property typeLand

Overview

Active

Listed Oct 22, 2024

Updated Mar 26

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.

Additional information

MLS® ID
138882

Exterior Features

Lot Size
129 Acres

Other Property Details

Taxes
$5,200
Tax Frequency
Annually
View
Yes
MLS provider logo

Listed by Jane Harris with James River Realty - Lexington
Listing Contact: [email protected] 

Based on information from the Rockbridge Highlands REALTORS® as of 3/26/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 3/26/2026 at 4:57 PM UTC

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