592 Valley Pike - Multifamily Development Land 12.5 Acres of Residential Land Offered at $600,000 in Lexington, VA 24450
INVESTMENT HIGHLIGHTS
- Conditionally Rezoned (R-MF) for 70 Apartments
- 3 Phase Power
- Natural Gas Line Access
- Potential to Add Additional Units
- Public Water/Septic
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $600,000 |
| Price Per AC | $48,000.00 |
| Lot Size | 12.50 AC |
DESCRIPTION
12.5 acres located in Rockbridge County, VA, just outside of the City of Lexington in the Central Shenandoah Valley. Zoned R-1, Conditionally rezoned (R-MF) for 70 apartments with potential to add additional units. Only minutes from Virginia Military Institute, Washington & Lee University, and in close proximity to area retailers, this site is ideal for Multi-family development.
ZONING
| Zoning Code | R-1 |
