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    1 Market St Leesburg, VA 20176-3003
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    Property profile & analytics

    1 Market St Leesburg, VA 20176-3003


    • Office properties & Spaces
    • 22,048 SF
    • 0.09 lot acres
    Off-Market
    Last Sale Apr 12, 2024
    $3,500,000
    Property ID
    US87-3542197
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,500,000
    Show details
    Cap Rate Potential
    7.8%
    Office properties & Spaces
    Location Intelligence

    Current Use by Public Records

    • Dr Stacey Race Hoffmann Child/Family Services / Medical Clinic / Physician
    • Walsh, Colucci, Lubeley & Walsh, P.C. / Law Firm
    • Bruce W McLaughlin Law Offices / Law Firm
    • The Law Office of Thomas S. Rock, PLLC / Law Firm
    • Floor Coverings International Leesburg, VA / General Contractor / Renovation Specialist

    Property Details for 1 Market St

    Year built
    1850
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.09 lot acres
    Property size
    22,048 SF
    Zone code
    LB:B1
    Property type
    Office properties & Spaces
    APN
    231-38-3784-000
    APU
    231383784000

    Description

    This exceptional executive office space at 1 East Market St., Leesburg, VA, offers a unique opportunity in a landmark building. Built in 1940, this property boasts a total of 16,743 square feet, with 4,443 square feet currently vacant and available for lease. The building is ideally suited for multiple tenants, offering flexible spaces ranging from a minimum of 400 square feet to a maximum contiguous space of 3,000 square feet. The existing configuration is primarily office space, spread across three floors (first, second, and third). A sizable basement area of approximately 1,761 square feet provides ample storage. Located in the heart of Leesburg, Loudoun County (zip code 20175), this property benefits from its prime location and historical significance. The building's classic architecture complements its modern functionality, making it an attractive option for businesses seeking a prestigious address in a vibrant community. This is a rare opportunity to secure office space in a well-established building with a proven track record. The property is situated at 1 East Market St., Leesburg, Virginia. Contact us today to learn more about leasing options and explore the possibilities this landmark location offers.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,500,000
      ML approach
      $3,500,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,565,000
      6.5%
      $4,215,000
      7%
      $3,910,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,648,000
      Market price range: $2.15M - $5.34M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.5644
    Latitude
    39.1152
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $35,952
    $235,200
    $3,921,080
    $4,156,280
    -
    $235,200
    $3,921,080
    $4,156,280
    More about this property
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