$600,000

592 Valley Pike Lexington, VA 24450

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. 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.

Highlights

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

Summary

  • List Price: $600,000
  • Annual Tax Amount: $3,116
  • Tax Year: 2022
  • Directions: Property access is on Northwind Lane next to Devils Backbone.
  • Lot Size: 12.5 Acres
  • MLS Number: 352365
  • MLS Name: Lynchburg
  • Office Name: Coldwell Banker Commercial Read & Company
  • Office Phone: (434) 455-2285
  • 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: 5/7/2025, 1:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

caption unavailable

$600,000

592 Valley Pike

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

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

8

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. The majority of Lexington, VA residents have income between $35k-100k annually. The most common type of family is single, no kids. Most 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

The listing price of 592 Valley Pike property is $600,000.

The property 592 Valley Pike is land located in Lexington, Virginia, 24450.

Active Listing: 592 Valley Pike is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 592 Valley Pike are: Central Elementary School (GreatSchools Rating 5/10), Mountain View Elementary School (GreatSchools Rating 4/10), Harrington Waddell Elementary School (GreatSchools Rating 8/10), Lylburn Downing Middle School (GreatSchools Rating 7/10), Maury River Middle School (GreatSchools Rating 5/10), Parry Mccluer Middle School (GreatSchools Rating 8/10), Rockbridge County High School (GreatSchools Rating 4/10), Parry Mccluer High School (GreatSchools Rating 5/10), Riverheads High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2022 is $3,116 (source: MLS/based on county public records data).

The property 592 Valley Pike is 12.5 acres.

The sq. ft. of 592 Valley Pike is not available (source: MLS/tax record).

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.

While more than 2 listings in Lexington, VA in April 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. The inventory of homes for sale in Lexington, VA between March and April 2025 decreased by 16.7%. While the average time on the market in April 2025 was 10 days, the median list price was $399,000.

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

More resources