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Property profile & analytics
FOR SALE
Motels

15500 Lee Hwy Centreville, VA 20120

Built 1946
Property ID
US87-Q053464
Property summary
AI-generated overview

Seek and you will find. This redevelopment opportunity answers the call for the high demand in finding a church, sportsplex, school, daycare or community center site. Formerly a motel, this 6.5 acre lot has existing buildings that could be repurposed or scrapped with water and sewer connections. Located on US 29 Lee Highway in Centreville near the Interstate 66 interchange, this property has 700 feet of frontage and 2 enterances on Lee Highway and a traffic count of 15,000 vehicles per day. Other uses with a special use permit or exemption may include the following: Church, Sportsplex, School, Veterinary, Daycare, Agritourism, Horse Stable, Single Family Dwelling, Group Residential Facility, Congregate Living Facility, Community Center, Recreation Club, Museum, Church, Heavy or Light Utility Facility, Animal Shelter, Kennel, Bed and Breakfast, Campground, Outdoor Recreation or Playground. Tax Id#: 0641-01-006

Property profile
Verified
Property type Motels
Year built 1946
UPID US87-Q053464
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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