592 Valley Pike Lexington, VA 24450

$600,000
12.5 acres
Land

Property details

About 592 Valley Pike

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.

Highlights

Home typeUnimproved Land
StatusActive
Lot size12.5 Acres
MLS #352365

Summary

  • MLS Number: 352365
  • MLS Name: Lynchburg
  • Office Name: Coldwell Banker Commercial Read & Company
  • Listing Agent: Luke J Dykeman

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$600,000

592 Valley Pike

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$506,800$-
2022$421,200$3,116
2021$421,200$3,116
2020$421,200$3,116
2019$421,200$-
2018$421,200$-

History based on county public records data.

Nearby schools

5

Central Elementary School

Public District PK-5

3.1 mi

85 Central Rd

4

Mountain View Elementary School

Public District PK-5

3.6 mi

20 Burger Cir

7

Harrington Waddell Elementary School

Public District PK-5

3.6 mi

100 Pendleton Pl

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,804. Residents of Lexington, VA typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

43%
<35k
46%
35k-100k
9%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

43%
Single, No Kids
14%
Single, with Kids
25%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
6%
12-17 yrs old
33%
18-34 yrs old
33%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Monster TrucksMonster Trucks
  • HuntingHunting
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • RamRam
  • DodgeDodge

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 592 Valley Pike

This home is located at 592 Valley Pike in Lexington, VA and zip code 24450. Features: 0 bathroom. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $600,000.

The number of listings in Lexington, VA remained the same between December and January 2025. The median list price of listings available in January 2025 was $425,000, while the average time on the real estate market was 161 days.

From Rocket Homes Real Estate and based on county public records data.

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