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3172 Lee Hwy - 4.89 Pad Ready Acres on I 81 Exit 150 4.89 Acres of Commercial Land Offered at $1,395,000 in Troutville, VA 24175

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Executive Summary

Presented exclusively by Stephen Pendergrass of Poe and Cronk Real Estate Group in partnership with Jay Kilby, this 4.89 acre offering at the Exit 150 roundabout represents one of the most compelling pad ready opportunities in the corridor.
The parcel is flat, highly visible, and strategically positioned with frontage on Lee Highway, along with the second curb cut off the heavily traveled Interstate 81 Exit 150 roundabout. Access, visibility, and traffic counts converge here in a way that retailers and developers actively seek but rarely find in one tract.
The site sits in close proximity to a proposed mega box concept, further strengthening the long term retail draw and positioning this location for sustained customer traffic and regional pull.
The property is pad ready with storm water infrastructure and utility stubs in place, allowing a buyer to move directly into vertical construction. The acreage supports a single user or retail development that capitalizes on the strength of the interchange.
Opportunities at fully improved interchanges are limited. This site offers the access, infrastructure, and surrounding momentum that experienced operators look for when placing capital.

Attachments

Sale Brochure

Property Facts

Price $1,395,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
Total Lot Size 4.89 AC

1 Lot Available

Lot

Price $1,395,000
Price Per AC $285,276.07
Lot Size 4.89 AC

The parcel is flat, highly visible, and strategically positioned with frontage on Lee Highway, along with the second curb cut off the heavily traveled Interstate 81 Exit 150 roundabout.

Property Taxes

Property Taxes

Parcel Number
101(5)6
Land Assessment
$1,282,500
Improvements Assessment
$0
Total Assessment
$1,282,500
  • Listing ID: 39576595

  • Date on Market: 2/25/2026

  • Last Updated:

  • Address: 3172 Lee Hwy, Troutville, VA 24175

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