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Property profile & analytics
OFF-MARKET
Land

15500 Lee Hwy Centreville, VA 20120

6.51 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6.51-acre commercial land parcel, located at 15500 Lee Hwy in Centreville, Virginia (zip code 20120), presents a compelling redevelopment opportunity. The property boasts 700 feet of frontage on Lee Highway (US 29), a major thoroughfare experiencing a daily traffic count of 15,000 vehicles. Its R-C zoning permits a variety of uses, including, but not limited to, church, school, daycare, veterinary clinic, brewery, or winery, subject to obtaining the necessary special use permits. The site's existing structures, remnants of a former motel, offer potential for repurposing or demolition. Essential utilities, including water and sewer connections, are already in place. The property's strategic location near the Interstate 66 interchange in Fairfax County further enhances its appeal. With its high visibility, substantial lot size, and versatile zoning, this property is ideally suited for a wide range of commercial ventures. The tax ID number is 0641-01-006. This is a rare chance to acquire a significant commercial property in a prime Centreville location. The asking price is $2,250,000.

Property profile
Verified
Property type Land
Lot 6.51 ac (283,576 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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