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    Property profile & analytics

    131 Ft Evans NE Rd Leesburg, VA 20176-4420

    • Retail space
    • 46,030 SF
    • 5.37 lot acres
    OFF-MARKET
    Value Estimation
    $9,040,000
    Last Sale
    Jul 29, 2024
    $9,000,000
    Location Intelligence
    Property ID
    US87-3556817
    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.

    Current Use by Public Records

    • Riva Furniture / Furniture Store
    • Saloni Furniture US / Furniture Store
    • West Park Supplies / Kitchen Remodeler / Flooring Store

    Property Details for 131 Ft Evans NE Rd

    Year built
    2012
    Construction
    STEEL FRAME
    Lot size
    5.37 lot acres
    Property size
    46,030 SF
    Zone code
    LB:B2
    Property type
    Retail space
    APN
    188-18-6716-000
    APU
    188186716000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $9,000,000

    • CAP approach

      CAP return
      Estimation
      6%
      $9,905,000
      6.5%
      $9,135,000
      7%
      $9,090,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $8,660,000
      Geo Method
      $9,385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $9,500,000
      Retail
      $7,955,000
      Mixed-Use
      $9,675,000
      Hospitality
      $9,450,000
      Educational
      $7,890,000
      Residential Income
      $10,710,000
      Energy
      $8,595,000
      Income-Based Land
      $8,950,000
      Food Service
      $11,015,000

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.5424
    Latitude
    39.1079
    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
    $70,991
    $3,961,800
    $4,245,300
    $8,207,100
    -
    $3,961,800
    $4,245,300
    $8,207,100

    Comparable in this City

    • Value Estimation by Request
      116,094 SF

      280 Ft Evans NE Rd

      RETAIL STORES (PERSONAL SERVICES) • 116,094 SF
      280 Ft Evans NE Rd, Leesburg, VA 20176-4497
      View Details
    • Value Estimation
      $350,000
      2,816 SF

      22 Market St

      RETAIL STORES (PERSONAL SERVICES) • 2,816 SF
      22 Market St, Leesburg, VA 20176-2805
      View Details
    • Value Estimation by Request
      54,480 SF

      635 Potomac Sta NE Dr

      RETAIL STORES (PERSONAL SERVICES) • 54,480 SF
      635 Potomac Sta NE Dr, Leesburg, VA 20176-1818
      View Details
    • Value Estimation
      $610,000
      2,640 SF

      8 Ft Evans NE Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,640 SF
      8 Ft Evans NE Rd, Leesburg, VA 20176-4495
      View Details
    • Value Estimation by Request
      12,342 SF

      120 Market St

      RETAIL STORES (PERSONAL SERVICES) • 12,342 SF
      120 Market St, Leesburg, VA 20176-3115
      View Details
    • Value Estimation
      $220,000
      1,689 SF

      110 Market St

      RETAIL STORES (PERSONAL SERVICES) • 1,689 SF
      110 Market St, Leesburg, VA 20176-2806
      View Details

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    Similar Nearby for Lease

    • $3,500 /Mo
      4,000 SF

      Retail Space in High-Traffic Area

      Spacious retail space with excellent visibility and ample parking.
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      View Details
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      Retail space available in high-traffic Leesburg shopping destination.
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      Retail Space in Fort Evans

      Retail space available in popular Leesburg shopping center.
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      View Details
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      4,720 SF

      Retail Pad Site with Drive-Thru

      Highly visible retail building in Leesburg's major retail corridor.
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      Retail Space in Leesburg Center

      Retail space with major retailers and high traffic.
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      View Details
    • Contact for pricing
      5,200 SF

      Retail Space in Mixed-Use Center

      Retail space available in a busy Lansdowne mixed-use center.
      19300-19308 Promenade Dr, Leesburg, VA 20176
      View Details
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    Leesburg, VA 20176-4420
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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