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    Property profile & analytics

    204 King St Leesburg, VA 20175-3010

    • Retail space
    • 1,800 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Location Intelligence
    Property ID
    US87-3446578
    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

    • Leesburg Medical clinic / Medical Clinic
    • Nonprofit Risk Management Center / Non-Profit Organization

    Property Details for 204 King St

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.09 lot acres
    Property size
    1,800 SF
    Zone code
    LB:B1
    Property type
    Retail space
    APN
    231-38-1511-000
    APU
    231381511000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $385,000
      7%
      $420,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $400,000
      Geo Method
      $390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $450,000
      Retail
      $350,000
      Mixed-Use
      $455,000
      Hospitality
      $405,000
      Educational
      $360,000
      Residential Income
      $360,000
      Energy
      $380,000
      Income-Based Land
      $430,000
      Food Service
      $380,000

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.5652
    Latitude
    39.1132
    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
    $5,363
    $313,600
    $306,360
    $619,960
    -
    $313,600
    $306,360
    $619,960

    Comparable in this City

    • Value Estimation by Request
      22,985 SF

      107 Catoctin SE Cir

      RETAIL STORES (PERSONAL SERVICES) • 22,985 SF
      107 Catoctin SE Cir, Leesburg, VA 20175-3712
      View Details
    • Value Estimation by Request
      19,630 SF

      448 King St

      RETAIL STORES (PERSONAL SERVICES) • 19,630 SF
      448 King St, Leesburg, VA 20175-3619
      View Details
    • Value Estimation
      $440,000
      6,770 SF

      301st Industrial Ct Sea

      RETAIL STORES (PERSONAL SERVICES) • 6,770 SF
      301st Industrial Ct Sea, Leesburg, VA 20175-3718
      View Details
    • Value Estimation
      $270,000
      1,844 SF

      110 King St

      RETAIL STORES (PERSONAL SERVICES) • 1,844 SF
      110 King St, Leesburg, VA 20175-3009
      View Details
    • Value Estimation
      $365,000
      2,460 SF

      3 Loudoun SW St

      RETAIL STORES (PERSONAL SERVICES) • 2,460 SF
      3 Loudoun SW St, Leesburg, VA 20175-2908
      View Details
    • Value Estimation
      $320,000
      2,601 SF

      211 Loudoun SE St

      RETAIL STORES (PERSONAL SERVICES) • 2,601 SF
      211 Loudoun SE St, Leesburg, VA 20175-3115
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Prime Leesburg Retail/Office Space

      Two adjacent units in downtown Leesburg with high visibility.
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      Retail Space in Leesburg

      Retail space available for lease in Leesburg, Virginia.
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      23,286 SF

      Retail Space in Leesburg, Virginia

      Spacious retail opportunity with high visibility and ample parking.
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      Class-A Retail Space Available

      High-end retail space with walkable amenities and ample parking.
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      Retail Space with High Traffic

      Retail space with high visibility and easy toll road access.
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    • Contact for pricing
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      Retail Space Near Walgreens

      Retail space available for ground lease or build to suit.
      422 Sycolin Rd SE, Leesburg, VA 20175
      View Details
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    204 King St
    Leesburg, VA 20175-3010
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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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