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    508 E Market St Leesburg, VA 20176

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    For Sale
    $4,200,000

    11,968 SF office building in DC VA Burbs area.

    Property size:
    11,968 SF
    Lot size:
    0.54 Acres

    Property Features for 508 E Market St

    General Information

    Size
    11,968 SF
    Lot size
    0.54 Acres

    Source: Vaaler Commercial Real Estate Agent Nancy Wyatt

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

    Overview

    Leesburg Office Building For Sale

    This is an 11,968 square foot office building constructed in 1978, offering potential for modernization. It is located in the DC VA Burbs area. The property is zoned LB:CDD, making it suitable for various office uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Ben Knows Loudoun Consultant Christian Mollitor J.D./MBA ... Real Estate Agency Patty Donmoyer, REALTOR Real Estate Agency Jill Depee, Long ... Real Estate Agent Mark Graves, Long ... Real Estate Agent

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.5529538
    Latitude
    39.1097486

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    FAQs

    What type of property is this?
    Office building - 11,968 SF office building in DC VA Burbs area.
    Where is this office building located?
    The property is located at 508 E Market St Leesburg, VA.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: - 11,968 SF office building; - Strategic location in DC VA Burbs area; - Zoned LB:CDD, suitable for various office uses
    (571) 241-8723
    Request Owner's contact information
    508 E Market St Leesburg, VA 20176
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    Leesburg, VA 20176
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    Realmo Value Estimation

    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.

    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.

    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
    508 E Market St Leesburg, VA 20176
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