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    15510 Lee Hwy Gainesville, VA 20155

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    For Sale
    Contact for pricing

    48-acre prime development site in Gainesville, VA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 48-acre development site, located at 15510 Lee Highway in Gainesville, Virginia (zip code 20155), presents a unique investment opportunity. The property boasts excellent topography and features three ponds, enhancing its overall appeal and potential. Priced at $62,000,000, this land offers significant potential for mixed-use development. The site's strategic location directly across from Wegmans and The Shops at Stonewall provides immediate access to a thriving retail environment. Its proximity to major transportation arteries, including I-66, Route 55, and Route 15, ensures convenient connectivity. Furthermore, the property falls within the Route 29 Small Area Plan. The seller is open to flexibility, offering the option of retaining the front 6 acres for retail development and selling the remaining 24 acres separately. Long-term usage as a Community Employment Center (CEC) is a viable possibility. This property represents a rare chance to acquire a substantial parcel of land in a high-growth area with excellent visibility and accessibility. The property's size and location make it ideal for a variety of development projects.

    Property Features for 15510 Lee Hwy

    General Information

    Property type
    Land
    Lot Size
    2,090,880 SF

    HighLights

    • 48‑acre development site in Gainesville, VA (20155) for $62,000,000, suitable for mixed‑use development.
    • Seller open to selling 24 acres separately, retaining the front 6 acres for retail.
    • Prime location on Lee Highway, directly across from Wegmans and The Shops at Stonewall.
    • Excellent access to major transportation arteries: I‑66, Route 55, and Route 15.
    • Located within the Route 29 Small Area Plan, allowing for long‑term Community Employment Center (CEC) usage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Prince William
    State
    Virginia
    Longitude
    -77.654314
    Latitude
    38.787828

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    FAQs

    What type of property is this?
    Land - 48-acre prime development site in Gainesville, VA
    Where is this land located?
    The property is located at 15510 Lee Hwy Gainesville, VA.
    What is the asking price?
    The asking price for this property is $62,000,000.
    What are key features of this property?
    This property features: 48-acre development site in Gainesville, VA (20155) for $62,000,000, suitable for mixed-use development.; Seller open to selling 24 acres separately, retaining the front 6 acres for retail.; Prime location on Lee Highway, directly across from Wegmans and The Shops at Stonewall.
    (703) 314-4799
    Request Owner's contact information
    15510 Lee Hwy 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
    15510 Lee Hwy Gainesville, VA 20155
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