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Property profile & analytics
FOR LEASE
Office Spaces

37 Catoctin Cir SE Leesburg, VA 20175

23,126 SF 2.09 ac lot Built 1968
Entity Owned Absentee Owner Free & Clear
Property ID
US87-3550601
Property summary
AI-generated overview

This exceptional 23,286-square-foot single-tenant property at 37 Catoctin Circle SE in Leesburg, Virginia, presents a unique opportunity for office or retail users. Built in 1968, the building boasts a flexible, open floor plan, ideal for customization to suit diverse business needs. The ample 100-space parking lot ensures convenient access for employees and clients. Located in Loudoun County, the property benefits from excellent visibility and accessibility along Catoctin Circle, offering significant exposure to potential customers. Zoned CDD, this property is situated near the planned mixed-use development at the Virginia Village shopping center, promising enhanced connectivity to downtown Leesburg and various community amenities via a future pedestrian bridge. The building's former use as a community building provides a solid foundation for a variety of commercial ventures. This is a rare chance to acquire a substantial space in a thriving location with significant growth potential. The property's size and location make it an attractive investment for businesses seeking a prominent presence in the Leesburg market. The 20175 zip code offers easy access to major transportation routes and a vibrant community. This property is ready for immediate occupancy, offering a blank canvas for your business to flourish.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1968
Total area 23,126 SF
Lot 2.09 ac (91,040 SF)
Zoning code LB:CDD
APN 232-48-2724-000
UPID US87-3550601
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Destiny Church Church
  • Iglesia Pentecostal Vision Divina Misionera Church
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.42M
Comparable Approach Comparable
$5.39M
Blend (final) Blend
$4.21M
Owner & transaction history
B E G II LLC & J K B G II LLC
B E G II LLC & J K B G II LLC
Zoning & alternative use
LB:CDD · Leesburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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