401 E Nelson St, Lexington, VA 24450 Property Records

Lexington City property record for 401 E Nelson St, Lexington, VA 24450

Property Summary

Property TypeMotel
Details9,909 sqft
Lot Size6.64 acres (289,587 sqft)
OwnerCompany Name on File
Last Sale$600,000 (Dec 1997)
Deeds & MortgagesMar 2017 Construction Loan
Flood ZoneZone X (minimal risk)
APN24 12 1

Property Details

APN / Parcel Number

Primary APN24 12 1
Alternative APN
  • 1517

Interior

Stories2 Stories
Building Area9,909 sqft Gross Area
CellarCellar
FlooringSoftwood
Interior WallsWallboard/Drywall
Fireplaces5 Fireplaces
FireplaceFireplace

Exterior

Exterior MaterialBrick
Foundation TypeStone
Roof TypeHip
Roof MaterialMetal
Lot Area289,587 sqft (6.64 acres)
TerrainRolling
Garage TypeDetached
Parking Spaces2 Parking Spaces
Total Buildings2 Buildings

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating FuelElectric
SewerMunicipal
Water SourceCommercial

Location & Zoning

Account Number1517
Street Address401 E NELSON ST
CityLEXINGTON
StateVA
Zip24450-2725
Property CategoryCommercial
Property TypeCommercial > Retail > Motel
Local Zoning CodeC2
Legal DescriptionCORNER E NELSON & SPOTSWOOD DR DB 588/488 401 E NELSON ST
JurisdictionLEXINGTON CITY VA
Township / Civil DivisionLEXINGTON
Census Block Group3
Census Block3015
Census Tract930501

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the Lexington Historic District
listed 1972 · 416 contributing resources · NRIS 72001506

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: Lexington City assessment roll, as of January 1, 2025

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address401 E NELSON ST, LEXINGTON, VA 24450-2725
OccupancyOwner Occupied
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleDec 31, 1997 · Amount on Record
Deed SaleDec 31, 1997 · Amount on Record
Deed Document Number0000588488
Record UpdatedJun 8, 2026

March 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLEXINGTON CITY VA
Property Address401 E NELSON ST, LEXINGTON, VA 24450-2725
Transaction TypeMortgage
Record UpdatedFeb 5, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number170000610
DateMar 1, 2017
Instrument170000610
Lender
NameCITY NATIONAL BANK OF WEST VIRGINIA
TypeBank
AddressSTAUNTON, VA 24401
Agreement
TypeConstruction Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: Lexington City assessment roll, as of January 1, 2025

Property Jurisdictions

TypeName
StateVirginia
MunicipalityLexington City
Elementary School DistrictLexington City Public Schools (KG - 12)

Tax Bill & Assessment History

YearAssessed ValueAssessed Market Value
2025$8,005,700 (+81.47%) Land $2,316,700 Building $5,689,000
2023$4,411,668 Building $4,411,668$4,411,668 (-44.89%) Building $4,411,668
2022$8,005,700 Land $2,316,700 Building $5,689,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective August 7, 2006

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · lower than 71% of Virginia
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond ember reach

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF LEXINGTON
serves 7,500 people · EPA ID VA2678375
Water SourcePurchased surface water from MAURY SERVICE AUTHORITY
Last State InspectionDec 2024
Lead4 ppb (2021–2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting3
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 422 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 2,000
Brightspeed
Fiber
2,000 / 2,000
BARC Electric Cooperative
Fiber
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
AT&T
Fixed Wireless
100 / 20

May also be available: T-Mobile USA.

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