Property profile

117 Bailey Ln Purcellville, VA 20132

OFF-MARKET
Office Spaces
Property ID
US87-3430064
7,500 SF 1.13 ac lot Built 2001
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2001
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,500 SF
Lot 1.13 ac (49,223 SF)
Zoning code PV:CM1
APN 487-17-2047-000
UPID US87-3430064

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Propane Supplier Energy Equipment And Solutions
  • Property Management Company
  • Construction Company

Location

117 Bailey Ln Purcellville, VA 20132-6001
Purcellville metro Census 610702 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.68M
CAP Approach CAP
$1.44M
Comparable Approach Comparable
$2.72M
Blend (final) Blend
$2.81M

Owner & transaction history

since 2020
Last sale
$2.3M
4 recorded transactions
2020
$2.3M
2018
Price N/A
2014
$1.0M
1969
Price N/A

Zoning & alternative use

PV:CM1 · Purcellville, VA
Top alternative use upside
Retail stores $3.0M +40.6%
Warehouse, storage $2.5M +19.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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