Adjacent Ground-Floor Retail/Office
412 MADISON TRADE Plaza SE Leesburg, VA 20175
For Sale
$650,000
Commercial Sale - LEESBURG, VA
Property Size1,680 SF
Price / SF$386.90
Days on Market403
Property Features for 412 MADISON TRADE Plaza SE
General Information
- Property type
- Other
- Property subtype
- Retail
- Parking
- 20
- Parking features
- Parking Lot
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 5293
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2017
- Building materials
- Brick
Listing Agency:
EXP Realty, LLC
(833) 335-7433
Listed By:
SERIF SOYDAN · License #0225244507
(312) 330-7300
Added: Jun 19, 2025
Changed: Jun 9
Last Checked: Jul 26 at 10:06PM
MLS# VALO2100232
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
412 & 416 Madison Trade Plaza SE offers two adjacent ground-floor commercial units totaling 1,680 SF, with 840 SF available in each unit. The space is set up for retail or office use and is supported by ground-level storefront presence. The property is part of a 48,000 SF building constructed in 2017.
Situated within Leesburg town limits in the Crescent Place community, the units are located in the downtown business district. The site provides ample shared parking and direct access to the 45-mile paved W&OD Trail. The surrounding area is described as a mix of restaurants, shops, entertainment, and residential buildings.
This listing is well-suited for owner-occupants and investors looking for flexible ground-floor space that can function as retail, office, or service-based businesses, based on the property’s zoning for retail, office, or service-based uses. Leasing is available per unit, and sale pricing is offered per unit as well. The configuration also supports tenants who may benefit from expanding across both adjacent units while keeping operations on the ground floor.
Situated within Leesburg town limits in the Crescent Place community, the units are located in the downtown business district. The site provides ample shared parking and direct access to the 45-mile paved W&OD Trail. The surrounding area is described as a mix of restaurants, shops, entertainment, and residential buildings.
This listing is well-suited for owner-occupants and investors looking for flexible ground-floor space that can function as retail, office, or service-based businesses, based on the property’s zoning for retail, office, or service-based uses. Leasing is available per unit, and sale pricing is offered per unit as well. The configuration also supports tenants who may benefit from expanding across both adjacent units while keeping operations on the ground floor.
Key Highlights
- Prime downtown Leesburg location in the Crescent Place community with high foot traffic.
- Direct access to the W&OD Trail, attracting cyclists, joggers, and pedestrians.
- Two adjacent units totaling 1,680 SF available for lease or purchase.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.6k | $29.52 |
| − Vacancy | −$7.2k | −$4.28 |
| EGI | $42.4k | $25.24 |
| − OpEx | −$10.6k | −$6.31 |
| NOI | $31.8k | $18.93 |
1,680 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$454.3K
$397.5K – $530.0K
NOI $31,802 @ 7.0% cap · market cap 4.89%
Second Best
Retail
$408.8K
$357.7K – $477.0K
NOI $28,619 @ 7.0% cap · market cap 4.40%
Theoretical Best
Specialty Retail
$526.5K
$460.7K – $614.3K
NOI $36,855 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Two adjacent ground-floor commercial units in downtown Leesburg offer flexible retail or office space with direct W&OD Trail access.
Where is this retail space located?
The property is located at 412 MADISON TRADE Plaza SE Leesburg, VA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Prime downtown Leesburg location in the Crescent Place community with high foot traffic.; Direct access to the W&OD Trail, attracting cyclists, joggers, and pedestrians.; Two adjacent units totaling 1,680 SF available for lease or purchase.
