For Sale
$1,200,000

750 Rte 39 & RteLexington, VA 24450

Prime 7-acre tract near Virginia Horse Center. Excellent development potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 7.358-acre property presents a unique investment opportunity in Lexington, Virginia. Strategically located at the intersection of Route 39 and Route 750, at 422 Maury River Road, this land boasts a highly desirable B-1 zoning classification, permitting a wide range of commercial, industrial, and residential developments. Its proximity to the Virginia Horse Center, a major attraction drawing approximately 600,000 visitors annually, offers significant potential for businesses catering to tourism and equestrian activities. The property's size and zoning flexibility allow for diverse development options, including retail spaces, multifamily housing, or even a hotel. The seller is open to financing options and will consider joint ventures. The property is being offered for sale by owner at $1,200,000. This is a rare chance to acquire a substantial parcel of land in a thriving area with exceptional visibility and access. Don't miss this opportunity to capitalize on the high traffic and strong potential of this prime location. The property's address is 422 Maury River Road, Lexington, VA 24450.

Highlights

  • $1,200,000 asking price.
  • 7.358-acre commercial, industrial, and residential land parcel.
  • B-1 zoning.
  • Located at 422 Maury River Road, Lexington, VA 24450 (Route 39 & Route 750).
  • Adjacent to the Virginia Horse Center.
  • Owner financing and joint venture options available.

Property Details for 750 Rte 39 & Rte

Property type
Land, Industrial properties
Lot Size (sq. ft)
320,514 SF

Location Insight

City
Lexington
County
Rockbridge
State
Virginia
Latitude
37.806579384033
Longitude
-79.422955670902
750 Rte 39 & Rte, Lexington, Virginia

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750 Rte 39 & Rte
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