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

    1503-1509 Dodona Terrace SE Leesburg, VA

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $639,000

    Office space with modern design, signage, and ample parking.

    Type:OFFICE
    Property size:
    1,032 SF
    Lot size:
    57.28 Acres
    Added:
    Aug 14, 2025
    Days on Market:
    231
    Last Refresh:
    Mar 29 at 8:23 pm

    Property Features for 1503-1509 Dodona Terrace SE

    General Information

    Standard status
    Active
    Size
    1,032 SF
    Lot size
    57.28 Acres
    Property subtype
    OFFICE

    Properties For Sale

    at 1503-1509 Dodona Terrace SE Contact us

    We can help!

    Listing Contact
    Nancy Wyatt
    Nancy Wyatt

    Listing agent Nancy Wyatt

    Listing office Vaaler Commercial Real Estate

    Listing date Aug 14, 2025

    Source Moodyscre

    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 Vaaler Commercial Real Estate

    Overview

    Modern Office Space Available

    This office space features modern architecture and design. It offers signage and visibility on Route 7. Ample on-site parking is available for both tenants and visitors. The location provides convenient access to nearby dining and retail amenities, as well as proximity to major transportation routes. The landlord will repaint the space in a neutral color prior to occupancy. The space is partially furnished and includes 4 workstations. On-site amenities and services are available for tenant convenience. The property has a size of 1032 square feet.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.5251
    Latitude
    39.0913

    Nearby Similar for Sale

    • $650,000

      Prime Leesburg Commercial Units Available

      Two adjacent commercial units in downtown Leesburg, ideal for retail/office.
      412 MADISON TRADE Plaza SE, LEESBURG, VA 20175
      View Details
    • $1,300,000
      3,200 SF

      Leesburg Office Building with Suites

      Commercial office building near historic downtown Leesburg with endless possibilities.
      209 OLD WATERFORD NW ROAD, LEESBURG, VA 20176
      View Details
    • Contact for pricing
      25,070 SF

      Commercial Office Condominiums Foreclosure Auction

      Foreclosure auction of commercial office condominiums in downtown Leesburg.
      602 S King St, Leesburg, VA 20175
      View Details
    • $475,000

      Downtown Leesburg Retail/Office Opportunity

      Retail or office space in historic, booming downtown Leesburg.
      450 Harrison St Se, LEESBURG, LEESBURG, VA 20175
      View Details
    • $289,500

      Office Space in Leesburg

      Office space with high visibility and new HVAC system.
      823 -b S King St, LEESBURG, VA 20175
      View Details
    • $1,800,000
      1,395 SF

      Leesburg Investment Opportunity For Sale

      Meticulously maintained 1,395 SF building in Leesburg, Virginia.
      130 Fort Evans Rd NE, Leesburg, VA 20176
      View Details
    • $575,000

      Leesburg Apartment for Sale

      Apartment in Leesburg, VA available for purchase.
      19355 CYPRESS RIDGE TER TERRACE #1006, LEESBURG, VA 20176
      View Details
    • Contact for pricing
      1,728 SF

      Class-A Retail Space Available

      High-end retail space with walkable amenities and ample parking.
      1602 Village Market Blvd SE, Leesburg, VA
      View Details
    • $4,200,000
      11,968 SF

      Leesburg Office Building For Sale

      11,968 SF office building in DC VA Burbs area.
      508 E Market St, Leesburg, VA
      View Details
    • $700,570
      2,210 SF

      Lansdowne Office Park Medical Condo

      Class A medical office condo in Lansdowne Office Park.
      19465 Deerfield Ave, Leesburg, VA 20176
      View Details

    FAQs

    What type of property is this?
    Office units - Office space with modern design, signage, and ample parking.
    Where is this office units located?
    The property is located at 1503-1509 Dodona Terrace SE Leesburg, VA.
    What is the asking price?
    The asking price for this property is $639,000.
    What are key features of this property?
    This property features: Rt 7 Signage/Visibility; Ample on‑site parking for tenants and visitors; Modern architecture and design
    (571) 241-8723
    We can help!
    Listing Contact
    Nancy Wyatt
    Nancy Wyatt
    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!