15500 Lee Hwy Centreville, VA 20120
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.