508 Market StLeesburg, VA 20176

Property Details for 508 Market St

Year built

1978

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.54 AC

Property size (Sq ft)

11,968 SF

Zone code

LB:CDD

Property type

Office properties

Property subtype

Other office properties

APN

188-15-6585-000

APU

188156585000

Description

This exceptional Class A executive office space, located at 508 E Market St in Leesburg, Virginia, offers 4,131 square feet of immediately available space within a larger 11,968 square foot building. Built in 1978 and situated on a 23,485 square foot lot, the property boasts a desirable location in the Leesburg submarket of Loudoun County. The building is zoned LB:CDD, providing flexibility for various business uses. The single-tenant occupancy offers privacy and control, while the ample natural light and flexible floor plans cater to diverse business needs. This property is perfect for businesses seeking a blend of classic charm and modern amenities. Its prime location provides convenient access to major roadways and public transportation, ensuring excellent visibility and accessibility for employees and clients. Abundant parking is available, and customizable lease options are available to accommodate specific business requirements. Whether you're a startup, seeking a satellite office, or an established enterprise, this Leesburg location provides an ideal environment for growth and success. This is a rare opportunity to secure a high-quality office space in a thriving Loudoun County location. The zip code is 20176.

• CAP approach

  CAP return

  Valuation

  6%

  $2,848,507

  6.5%

  $2,629,391

  7%

  $2,441,577

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,392,882

  Geo Method

  $2,392,882

• Alternative Use

  Use

  Valuation

  Residential

  $3,260,444

  Hospitality

  $2,986,550

  Educational

  $2,484,774

  Medical

  $2,570,230

  Retail

  $3,865,204

Location Insight

City

Leesburg

County

Loudoun

State

Virginia

Latitude

39.1097

Longitude

-77.5529

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.