0 Rocklawn Ln – Press Release Document
Lexington, VA – Poe & Cronk Real Estate Group is excited to announce the sale of 0 Rocklawn Ln. Lexington, VA. The property was sold to a local developer who plans to build a high-end hotel with top-of-the-line amenities. The location is a perfect fit for those looking for quality lodging near the busy intersection of I-81 and I-64.
This property measures 2.1 acres and sold for $782,400, with a price per acre of $389,253, establishing a new high for undeveloped land in this section of Lexington, VA.
After a careful negotiation over a 4-year period, Stephen Pendergrass successfully represented the seller in this transaction.
The sale of the property is a testament to the strength of the local real estate market and the continued demand for high-quality properties in the area. We are thrilled to have played a role in bringing this transaction to a successful conclusion and look forward to seeing it come to life in the coming months.
For more information, please contact Stephen Pendergrass at spendergrass@poecronk.com or 540 855-3655.
About Poe & Cronk
The firm is comprised of a team of real estate professionals with more than 300 combined years of experience and more than $1B in real estate transaction knowledge in selling, leasing, and managing commercial, industrial, and investment real estate. In business for more than 30 years, Poe & Cronk provides commercial and investment real estate services throughout western Virginia.
