Northpointe presents a remarkable 58-acre commercial land opportunity in Lexington, Virginia. Strategically located at I-81 Exit 195, at the intersection of I-81/I-64 and US Route 11, this B-1 zoned property boasts exceptional visibility and accessibility, with an average daily traffic count of 54,800 vehicles on adjacent roads. Public utilities including water, sewer, electricity, fiber/broadband, and natural gas are readily available, simplifying development. Existing infrastructure includes an engineered road, soil erosion control, and a retention pond. The site is ideal for a mixed-use project, accommodating hotels, restaurants, service stations, travel centers, RV parks, and convenience stores. Its proximity to downtown Lexington (minutes away), Roanoke (45-minute drive), three universities, the Virginia Horse Center, Natural Bridge State Park, and numerous tourist attractions ensures high demand. Nearby established businesses such as ExxonMobil, several hotels, and a future Circle K further highlight the site's potential. Flexible owner financing options are available. This is one of the region's largest commercial development opportunities, offering scenic views of Lexington.
Highlights
Northpointe offers versatile mixed-use development potential, ideal for hotels, restaurants, service stations, travel centers, RV parks, and convenience stores.
Utilities including water, sewer, electricity, fiber, broadband, and natural gas are readily available.
Northpointe is a large commercial development opportunity minutes from Lexington, VA and 45 minutes from Roanoke, VA, near universities, the Virginia Horse Center, Natural Bridge State Park, and other tourist attractions.
The site's proximity to established businesses like ExxonMobil and several hotels and travel centers supports its commercial viability.
Existing infrastructure includes a paved road, erosion control, and a retention pond, ready for immediate development.
Flexible owner financing is available.
Property Details
for 0 Northpointe
Property type
Land
Location Insight
City
Lexington
County
Rockbridge
State
Virginia
Latitude
37.840698704556
Longitude
-79.37176565192
Northpointe, Lexington, Virginia
Nearby Similar for Sale
For Sale
$1,200,000
Lexington Commercial Land - 7 Acres
Prime 7-acre tract near Virginia Horse Center. Excellent development potential.
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