15026 Lee Hwy Gainesville, VA 20155
- Commercial real estate
- 8.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 15026 Lee Hwy
- Lot size
- 8.00 lot acres
- Property type
- Commercial real estate
- APN
- 7297-72-6513
Description
This exceptional 8-acre parcel presents a compelling investment opportunity in Gainesville, Virginia. Located on the north side of Lee Highway (US-29), this property boasts 300 feet of highly visible frontage. Its strategic location near The Shops at Stonewall (including Wegmans, Bed Bath & Beyond, and Dick's Sporting Goods) ensures high traffic and visibility. Currently zoned A-1 Agricultural, the property is surrounded by R-4 zoned land, suggesting potential for rezoning to allow for low-to-moderate density residential development (approximately four dwelling units per acre). The Prince William County Comprehensive Plan designates this area as Residential Neighborhood T-2, supporting single-family home development within a residential community, emphasizing pedestrian amenities and open space. The property's location within a rapidly developing corridor, coupled with high demand for new home construction and the area's rising demographics, makes it an ideal holding investment until assembly with adjacent properties allows for larger-scale development. Situated near Lake Manassas Planned Community and Hopewell's Landing subdivision, this parcel offers easy access to I-66 and is approximately 30 miles from Washington, D.C. The surrounding area features a mix of residential and commercial uses, with ongoing new construction reflecting the county's population growth. The property's GPIN is 7297-72-6513. The asking price is $1,500,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Prince William
- State
- Virginia
- Longitude
- -77.641498
- Latitude
- 38.790629
