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$192,000 -$208,000 (-52%) Price Reduced

  • For Lease
  • Active
  • Commercial Lease
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Ground lease opportunity for an investor to develop 8 acres of commercial land for $192,000 annual ground rent 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. Call or email for further details.

Full Property Details for 12640 Lord Fairfax Hwy

General

  • Price: $192,000
  • Status: Active
  • Type: Commercial Lease
  • Source: BrightMLSMidAtlantic
  • MLS ID: VACL2006638
  • Updated: 5/8/2026
  • Added to Site: 50 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

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Listing agent

— 12640 Lord Fairfax Hwy —

  • H. Paige Manuel

    Oakcrest Commercial Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 12640 Lord Fairfax Hwy

School District:Clarke County Public Schools
NameGradesDistance
Boyce Elementary School
119 West Main Street, Boyce, VA 22620
K-51.4 mi
Johnson-Williams Middle School
200 Swan Avenue, Berryville, VA 22611
6-87.9 mi
Clarke County High School
627 Mosby Boulevard, Berryville, VA 22611
9-127.3 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/08/2026
Price Reduced
$192,000
-52%
MLS
3/23/2026
Listed
$400,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Oakcrest Commercial Real Estate, H. Paige Manuel

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12640 Lord Fairfax Highway, Boyce, VA 22620 (MLS# VACL2006638) is a Commercial Lease property. 12640 Lord Fairfax Highway is currently listed for $192,000 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.

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