592 Valley Pike

544,500 / 12.5
Lot Size / Acres

Description

12.5 acres located in Rockbridge County, VA, just outside of the City of Lexington in the Central Shenandoah Valley. Property access is on Northwind Lane next to Devils Backbone. 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.12.5 acres located in Rockbridge County, VA, just outside of the City of Lexington in the Central Shenandoah Valley. Property access is on Northwind Lane next to Devils Backbone. 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.
  1. Listed by Luke Dykeman • Coldwell Banker Commercial Read & Company

Property Details for 592 Valley Pike

Zoning
R-1
Directions
Property access is on Northwind Lane next to Devils Backbone.
LISTING UPDATED: 04/14/2026 10:40 AM

Property Details for 592 Valley Pike

StatusPending
MLS #352365
Days on Market404
Taxes$99,999 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size12.50 AC
CountyRockbridge County

Location

Listing Courtesy of Coldwell Banker Commercial Read & Company, Luke Dykeman
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Building Information for 592 Valley Pike

Lot Size12.50 AC

Payment Calculator

$11,355 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,021

Property Taxes

$8,333

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 592 Valley Pike

Summary
Location and General Information
  • County/City: Other
  • State: VA
  • ZIP: 24450
  • Area: Other
  • Longitude: .00
  • Latitude: .00
  • City/Town: Lexington
  • Access: Rd Frnt State Paved
Taxes and HOA
  • Tax Map/Parcel ID: 6214A2
  • Estimated Taxes: $99,999.00
  • Association: Lynchburg Board of Realtors
  • Association Fee Amount: $.00
  • Association Fee: 0.00
School Information
  • School District: Other
Property
Lot Information
  • Acres: 12.5
  • Lot Measurement: Acres
  • Lot Size Source: (Agent)
  • Lot Square Footage: 544500.0
  • Square Footage: 0.0
  • Lot Number: A2
Property and Assessments
  • Property Type: Land
  • Property Subtype 1: Unimproved Land
  • Road Frontage: .00
  • Restrictions: None
  • Age: 0
  • FIPS Code: 999
  • Legal Description: Sterrett Mill Creek Rt 645
  • Property Disclaimer: All information herein has not been verified and is not guaranteed
  • Current Use: Vacant
  • Allow Auto Estimate: No
  • Allow Reviews: No
  • Validated: Yes
Interior and Exterior Features
Exterior Features
  • Attach Doc to DocBox: Other
Interior Features
  • Limited Services: No
  • Bathrooms: .00
  • Bathrooms Display: 0 (0 0)
  • Quarter Bathrooms: 0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Bedrooms: 0
  • Possible Bedrooms: 0

Property History for 592 Valley Pike

DateEvent & SourcePriceAppreciation
Jun 25, 2025

Pending

Lynchburg Association of REALTORS #352365

May 17, 2024

Listed (Active)

Lynchburg Association of REALTORS #352365

$600,000
DateEvent & SourcePrice
06/25/2025

Pending

Lynchburg Association of REALTORS #352365

05/17/2024

Listed (Active)

Lynchburg Association of REALTORS #352365

$600,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 592 Valley Pike

Taxable ValueLand$209,100Additions$297,700Total$506,800
Home Facts
Total Finished SqFt3,899 SqFtAbove Grade Finished SqFt3,899 SqFtStories2Lot Size825,026 SqFtStyleOffice BuildingYear Built2011Year Renovated2018ZoningR-1CountyROCKBRIDGEAPN62 14 A2

Schools near 592 Valley Pike

This home is within Rockbridge County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Central Elementary School
PublicPK to 5

Maury River Middle School
Public6 to 8

Rockbridge County High School
Public9 to 12

Mountain View Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Coldwell Banker Commercial Read & Company, Luke Dykeman

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.