This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$400,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Ground lease opportunity for an investor to develop 8 acres of commercial land at the intersection of US 50 and US 340 at a major intersection known as Waterloo in Clarke County, VA. Development and ground lease opportunities include clients such as convenience stores, fast food restaurants, fast casual restaurants, farm center stores such as TSC or Tractor Supply, professional offices, insurance offices, real estate brokers, urgent medical care, doctors, dentists, or veterinarians. Excellent visibility, exposure, and signage opportunities. This is a major four-way intersection with traffic signals already installed. Flexible ground lease terms from 5 years to 25 years.
Full Property Details
Full Property Details for 12640 Lord Fairfax Hwy
General
- Price: $400,000
- Status: Active
- Type: Commercial Lease
- Source: BrightMLSMidAtlantic
- MLS ID: VACL2006638
- Updated: 3/23/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Other
Rental Information
- Lease/Rent Term: 60 Months
Parking
- Total Spaces: 10
- Parking Type: Parking Lot
Location
- County: CLARKE
- Driving Directions: Use the left 2 lanes to turn left onto E Jubal Early Dr/Millwood Ave, Continue onto Millwood Pike. Continue straight onto US-17 S/US-50 E/Millwood Pike. Continue to follow US-17 S/US-50 E. Turn right onto US-340 S. Destination will be on the right
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Heating Fuel: Oil
- Water Heater: Oil
Utilities
- Sewer: No Sewer System
- Water: None
Structural Information
- Construction: Block
- Current Bldg. Use: Commercial
- Year Built: 1780
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 68.52
- Lot Size (Sq. Ft.): 2,984,919
- Lot Size Source: Assessor
- Zoning: AOC
Financial Considerations
- City/TownTax Freq: Annually
Disclosures and Reports
- Ownership: Other
Listed by Oakcrest Commercial Real Estate, H. Paige Manuel
Get Pre-Approved Today
Schools
Schools serving 12640 Lord Fairfax Hwy
School District:Clarke County Public Schools
| Name | Grades | Distance |
|---|---|---|
Boyce Elementary School 119 West Main Street, Boyce, VA 22620 | K-5 | 1.4 mi |
Johnson-Williams Middle School 200 Swan Avenue, Berryville, VA 22611 | 6-8 | 7.9 mi |
Clarke County High School 627 Mosby Boulevard, Berryville, VA 22611 | 9-12 | 7.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12640 Lord Fairfax Hwy
Date
Details
Price
Change
Source
3/23/2026
Listed
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12640 Lord Fairfax Hwy
12640 Lord Fairfax Highway, Boyce, VA 22620 (MLS# VACL2006638) is a Commercial Lease property. 12640 Lord Fairfax Highway is currently listed for $400,000 and was received on March 23, 2026. Want to learn more about 12640 Lord Fairfax Highway? Do you have questions about finding other Commercial Lease real estate for sale in Boyce? You can browse all Boyce real estate or contact a Coldwell Banker agent to request more information.

