Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10527 Madison Dr Lorton, VA 22079

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $508,000

    Land for sale in Fairfax County, Lorton, Virginia.

    Type:Land
    Added:
    Jun 24, 2025
    Days on Market:
    300
    Last Refresh:
    Mar 16 at 9:02 am

    Property Features for 10527 Madison Dr

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Curtis L Williams

    Listing agent Curtis L Williams License #0225223216

    Listing office EXP REALTY LLC

    Listing date Jun 24, 2025

    Source Evrealestate

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of EXP REALTY LLC

    Overview

    Land Available in Lorton

    The property is located in Fairfax County, Lorton, Virginia. Directions to the property are as follows: Follow I-395 S and I-95 S in Lorton, Take exist 183 from i-95 S 16 min (15.1 ml) Merge onto I-395 S 9.0 ml, Merge onto I-95 S ml, take exit 163 for VA-642 toward Lorton 0.3 ml, Take Lorton Market St and VA-242 E/VA-600/Gunston Rd, turn right onto Gunston Dr. Down to Madison and Make a left. The land is on the left-hand side. The list price is $508,000.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Law Firm Building Supply Auto Repair Shop Auto Parts Store Kitchen & Bath Showroom Storage Facility HVAC Service Electrical Service Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lorton
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.2117209
    Latitude
    38.6720855

    Nearby Similar for Sale

    • $499,000

      Lorton Land: Build Your Dream

      Prime lot in Lorton, ready for custom home construction.
      8846 OX Road, LORTON, VA 22079
      View Details
    • $325,000

      Wooded Lot Near Potomac River

      Buildable lot near the Potomac River with existing well.
      6001 EVERGREEN TRL, LORTON, VA 22079
      View Details
    • $850,000

      Waterfront Land Near Potomac River

      2.86 acres of waterfront property near the Potomac River.
      10806 BELMONT BLVD, LORTON, VA 22079
      View Details
    • $508,000

      Lorton Land with Approved Homesites

      3.44+/- acres with two approved homesites in Lorton, VA.
      10527 MADISON Drive, LORTON, VA 22079
      View Details
    • $575,000

      Buildable Lot in Belmont Bay

      5.03-acre buildable lot near Mason Neck, Lorton, VA.
      10802 BELMONT Boulevard, LORTON, VA 22079
      View Details
    • $88,000

      Land Banking Investment Opportunity

      Two lots totaling 28,200 sqft in Lorton, VA.
      11519 GUNSTON Road, LORTON, VA 22079
      View Details
    • $199,999

      Residential Lot in Lorton, VA

      Vacant lot ready for custom home in Lorton, Virginia.
      5940 BARBERRY Trail, LORTON, VA 22079
      View Details
    • $2,200,000

      Lorton, VA Industrial Land

      Prime industrial land in Fairfax County with excellent access.
      10007 RICHMOND Highway, LORTON, VA 22079
      View Details
    • $45,000

      Residential Land in Lorton, VA

      Residential land available to build your dream home.
      HONEYSUCKLE TRL, LORTON, VA 22079
      View Details
    • $205,000

      Land Near I-95, No HOA

      Land available minutes from I-95, free of HOA restrictions.
      10623 Old Colchester Rd, LORTON, VA 22079
      View Details
    • $2,200,000

      I-95 Industrial Development Opportunity

      Prime industrial land for sale in Lorton, Fairfax County, VA.
      10007 Richmond Hwy, Lorton, VA 22079
      View Details
    • $499,000

      Water View Land in Lorton

      Land with water views in the Belmont Estates community.
      10928 Belmont Blvd, LORTON, VA 22079
      View Details

    FAQs

    What type of property is this?
    Land - Land for sale in Fairfax County, Lorton, Virginia.
    Where is this land located?
    The property is located at 10527 Madison Dr Lorton, VA.
    What is the asking price?
    The asking price for this property is $508,000.
    What are key features of this property?
    This property features: Located in Fairfax County; Enjoy a view of trees/woods; Convenient access via I‑395 S and I‑95 S
    (703) 957-0603
    We can help!
    Listing Contact
    Curtis L Williams
    Real Estate License ID: 0225223216
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!