Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    15158 Berlin Tpke Purcellville, VA 20132
    Back to Search
    Property profile & analytics

    15158 Berlin Tpke, Purcellville, VA 20132

    View on Map
    • Commercial real estate
    • 6,220 SF
    • 43.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • wheatland farm / Horseback Riding Service
    • Anthony Forrest Equestrian / Animal Training

    Property Details for 15158 Berlin Tpke

    Year built
    1741
    Lot size
    43.00 lot acres
    Property size
    6,220 SF
    Property type
    Commercial real estate

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Purcellville
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.6729
    Latitude
    39.196

    Comparable in this City

    • Value Estimation
      $1,855,000
      9,864 SF

      701st W Main Stb

      COMMERCIAL (GENERAL) • 9,864 SF
      701st W Main Stb, Purcellville, VA 20132-3022
      View Details
    • Value Estimation
      $620,000
      1,800 SF

      760 Main St

      COMMERCIAL (GENERAL) • 1,800 SF
      760 Main St, Purcellville, VA 20132-3128
      View Details
    • Value Estimation
      $545,000
      2,717 SF

      37224 Richardson Lnb

      COMMERCIAL CONDOMINUIM • 2,717 SF
      37224 Richardson Lnb, Purcellville, VA 20132-3502
      View Details
    • Value Estimation by Request
      2,619 SF

      37224 Richardson Lnh

      COMMERCIAL CONDOMINUIM • 2,619 SF
      37224 Richardson Lnh, Purcellville, VA 20132-3502
      View Details
    • Value Estimation by Request
      2,026 SF

      37224 Richardson Lne

      COMMERCIAL CONDOMINUIM • 2,026 SF
      37224 Richardson Lne, Purcellville, VA 20132-3502
      View Details
    • Value Estimation
      $625,000
      4,000 SF

      143 21st St

      COMMERCIAL (GENERAL) • 4,000 SF
      143 21st St, Purcellville, VA 20132-3078
      View Details

    Similar Nearby for Sale

    • $2,095,000

      Corner Property with Redevelopment Plans

      Flagship corner property in downtown Purcellville with approved mixed-use redevelopment plans.
      101 N 21St St, Purcellville, VA 20132
      View Details
    • Contact for pricing
      5,776 SF

      Purcellville Office Building For Sale

      5,776 SF office building in Purcellville, Virginia, 100% occupied.
      101 E Main St, Purcellville, VA 20132
      View Details
    • Contact for pricing
      3,132 SF

      Retail Building in DC VA

      3,132 SF retail building with versatile leasing opportunities.
      750-760 East Main St, Purcellville, VA 20132
      View Details
    • $8,900,000
      19,376 SF

      Purcellville Church and Property

      Church and property for sale in Purcellville, Virginia.
      14001 Harpers Ferry Rd, Purcellville, VA 20132
      View Details
    • $8,900,000
      7,727 SF

      Premier Equestrian Estate with Manor

      Exceptional equestrian estate featuring a historic manor home.
      15158 Berlin Tpke, Purcellville, VA 20132
      View Details
    • Contact for pricing
      3.08 Acres

      Prime Purcellville Office Building

      3.08 Acres, Office Space Available
      310 21St St, Purcellville, VA 20132
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Main Street Retail Space, Purcellville, VA

      1,200 sq ft Retail Space - Prime Location
      1000 Main St, Purcellville, VA 20132
      View Details
    • $24 SF/Yr
      863 SF

      Renovated Office Space Available

      Renovated office space with high visibility and low expenses.
      860 E Main St, Purcellville, VA 20132
      View Details
    • $600 /Mo
      23,522 SF

      Downtown Purcellville Office Space Available

      Office space for lease in the heart of Purcellville, Virginia.
      170 W Main St, Purcellville, VA 20132
      View Details
    • Contact for pricing
      1,776 SF

      Retail Space with Drive-Thru

      End cap retail space with drive-thru opportunity in Purcellville.
      711-725 E Main St, Purcellville, VA 20132
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Purcellville Center

      Retail space available in Main Street Station shopping center.
      1000-1020 E Main St, Purcellville, VA 20132
      View Details
    • Contact for pricing

      Two-Story Business Centre Retail Space

      Retail spaces available on the second floor.
      860 E Main St, Purcellville, VA 20132
      View Details
    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.
    15158 Berlin Tpke
    Purcellville, VA 20132
    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

    Thank You for Inquiry
    15158 Berlin Tpke, Purcellville, VA, 20132
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!