For Sale
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171 Midland TrlLexington, VA 24450

Prime VA acreage, multi-use potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 22.71-acre commercial property in Lexington, Virginia, presents a unique investment opportunity. Located on a heavily traveled thoroughfare with convenient access to I-81 and I-64, the land is zoned for commercial use and offers a variety of development possibilities. The property can be purchased as a whole or subdivided into smaller parcels, ranging from approximately 1.25 to 6 acres. Five ready-to-build pad sites, ranging from 1.6 to 6 acres, are currently available for retail development. A significant wooded area at the property's highest point provides stunning views and is ideally suited for multi-family residential construction. The acreage figures are conceptual, and final lot sizes will be determined upon subdivision. The seller is open to considering ground leases and build-to-suit options, offering flexibility for potential buyers. The property's address is 171 E Midland Trail, Lexington, VA 24450, in Rockbridge County. Negotiable pricing is available for Lots 3, 4, and 5. This prime location and versatile zoning make this a highly attractive investment for developers seeking a variety of commercial and residential development opportunities.

Highlights

  • 22.71-acre commercial land parcel available for sale, whole or subdivided.
  • Five build-ready retail pads (1.6 to 6 acres) available.
  • Wooded area ideal for multi-family development.
  • High-traffic location with easy I-81 and I-64 access.
  • Lots 3, 4, and 5 offer negotiable pricing.
  • Total lot size: 22.71 acres.

Property Details for 171 Midland Trl

Property type
Land
Lot Size (sq. ft)
54,450 SF

Location Insight

City
Lexington
County
Rockbridge
State
Virginia
Latitude
37.7735051
Longitude
-79.4311043
171 Midland Trl, Lexington, Virginia

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171 Midland Trl
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