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    Cor Of Rt. 29 & University Blvd Gainesville, VA 20155

    For Lease
    Contact for pricing

    Prime Retail Space, Two Units, 1-2 Acres

    Lot size:
    121,968 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional retail opportunity presents two available spaces situated on a highly visible 1- to 2-acre parcel at the southwest corner of Route 29 and University Boulevard in Gainesville, Virginia. The property is zoned PBD (Planned Business District) within Prince William County, offering significant potential for a variety of retail uses. The location benefits from exceptional visibility and high traffic counts due to its strategic placement at a major intersection. The site's size allows for ample parking and potential for building expansion or additional development. This is an ideal location for businesses seeking high exposure and convenient access for customers. The property is designated as a multi-tenant outparcel/pad site, providing flexibility for different business types. The total building square footage is currently zero, presenting a blank canvas for new construction tailored to specific tenant needs. This prime location in the thriving Gainesville market offers a unique opportunity for businesses to establish a strong presence in a high-growth area. The address is easily accessible from major roadways, ensuring convenient access for both employees and customers. Serious inquiries are encouraged to explore the possibilities of this exceptional retail property. The property is located in zip code 20155.

    Property Features for 0 Cor Of Rt. 29 & University Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    121,968 SF

    Unit(s) available at that property

    Space
    Pads C, D, F, G and I
    Size
    87,120 SF
    Space
    Pad E
    Size
    34,848 SF

    HighLights

    • Located just off I‑66 at Exit 43.
    • Adjacent to a 2,079‑car VDOT Park & Ride lot (expanding to 2,500 spaces by 2040).
    • High‑traffic location on Hwy 29, projected at 38,000 vehicles daily post Park & Ride completion.
    • Zoned PBD (Planned Business District) in Prince William County.
    • Ready for immediate development; two build‑to‑suit pads available on a 1‑2 acre parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Gainesville
    County
    Prince William
    State
    Virginia
    Longitude
    -77.5865332
    Latitude
    38.802747

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space, Two Units, 1-2 Acres
    Where is this individual retail property located?
    The property is located at Cor Of Rt. 29 & University Blvd Gainesville, VA.
    What are key features of this property?
    This property features: Located just off I-66 at Exit 43.; Adjacent to a 2,079-car VDOT Park & Ride lot (expanding to 2,500 spaces by 2040).; High-traffic location on Hwy 29, projected at 38,000 vehicles daily post Park & Ride completion.
    Request Owner's contact information
    Cor Of Rt. 29 & University Blvd Gainesville, VA 20155
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    Gainesville, VA 20155
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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
    Cor Of Rt. 29 & University Blvd Gainesville, VA 20155
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