15500 Lee Hwy Centreville, VA 20120
This exceptional 6.52-acre commercial property at 15500 Lee Highway in Centreville, Virginia presents a unique redevelopment opportunity. Boasting 12,748 square feet of existing building space, the property offers significant potential for repurposing or demolition. Its prime location on US 29 Lee Highway, near the Interstate 66 interchange, ensures high visibility and accessibility. With 700 feet of frontage and two entrances on Lee Highway, the property benefits from a daily traffic count of 15,000 vehicles. Existing water and sewer connections are in place. The property is zoned to allow for a variety of uses, including but not limited to: church, sportsplex, school, daycare, community center, veterinary clinic, agritourism facility, horse stable, single-family dwelling, group residential facility, congregate living facility, recreation club, museum, heavy or light utility facility, animal shelter, kennel, bed and breakfast, campground, and outdoor recreation or playground. Some uses may require a special use permit or exemption. The property's tax ID number is 0641-01-006. This is an ideal location for a business or organization seeking high visibility and convenient access to major transportation arteries. The substantial lot size and existing infrastructure provide a solid foundation for a wide range of development projects. The high daily traffic count ensures significant exposure to potential customers or clients. This is a rare opportunity to acquire a large, well-located parcel in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.