For Sale303d on market
Boundary Line Ln
Lexington, VA, 24450 • 24450 • Rockbridge County
$425,000
+$176,000 since Jun 10, 2025
4.1 acLot
Market activity
Demand and pricing signals for this listing
51 views
People checking out this listing
303 days on market
Established listing
About this home
Lot
Prime 4.121-Acre Commercial Site Near I-81 Exit 195. This 4.121-acre commercial parcel presents a well-positioned development opportunity just off Exit 195 on I-81 with its exposure to over 48,000 vehicles per day. Zoned B-1 Business, the property lays well and offers frontage on state-maintained Boundary Line Ln., with added visibility from U.S. Route 11 (6,800 ADT). Its favorable layout and access make it ideal for a variety of commercial uses. Electric, water, and sewer utilities are available at the site, which is located is only minutes from downtown Lexington and regional draws like Washington and Lee University, Virginia Military Institute, and the Virginia Horse Center—providing consistent customer flow year-round. Anchored by a growing commercial corridor, nearby businesses include Days Inn, Howard Johnson, Quality Inn & Suites, Exxon, Valley Storage, TA Travel Center, and a future Circle K. This property delivers a strong blend of location, infrastructure, and visibility to support long-term success.
Estimated monthly payment
Based on current rates
$2,622/month
Principal & Interest$2,055
Property Tax$425
Insurance$142
Down payment20% ($85,000)
3%50%
Est. 6.08% rate · 30yr fixed · $340,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Systems
Water / SewerPublic Sewer
Parking & Outdoor
Lot4.12 Acres
Location & Tax
Neighborhood24450
ZoningBusiness
Annual tax$1,978
Parcel49101A & 49101B
Listing insights
Market data and value estimates
StatusFor Sale
Days on market303
Tax rate0.60%
On marketJun 10, 2025
PostedJun 10, 2025
MLS updatedJun 10, 2025
Tour days6
Views51
How are the schools in Lexington?
3 schools rated nearby
Location
Lexington, VA, 24450
Price history
2 events
DateEventPrice$/sqftSource
Jun 10, 2025Price Change$425,000—Rockbridge Highlands REALTORS®
Aug 16, 2024Listed For Sale$249,000—Rockbridge Highlands REALTORS®
Price Change$425,000
Jun 10, 2025•Rockbridge Highlands REALTORS®
Listed For Sale$249,000
Aug 16, 2024•Rockbridge Highlands REALTORS®
Nearby homes
Neighborhood details
Local context around this listing
Lexington, VA • Rockbridge County
Nearby cities
Lexington
Nearby zip codes
24450
Similar homes
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