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    Property profile & analytics

    37240 Richardson Ln Purcellville, VA 20132-3502

    • Warehouses
    • 27,000 SF
    • 1.86 lot acres
    OFF-MARKET
    Value Estimation
    $5,015,000
    Last Sale
    Jun 10, 2022
    $5,250,000
    Location Intelligence
    Property ID
    US87-3451798
    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

    • Western Distribution Center / School
    • Shenandoah Sash & Door / Door Supplier / Window Supplier

    Property Details for 37240 Richardson Ln

    Year built
    1998
    Construction
    STEEL FRAME
    Lot size
    1.86 lot acres
    Property size
    27,000 SF
    Zone code
    PV:M1
    Property type
    Warehouses
    APN
    487-27-0472-000
    APU
    487270472000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,775,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,855,000
      6.5%
      $5,325,000
      7%
      $4,910,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,615,000
      Geo Method
      $5,440,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,875,000
      Retail
      $5,695,000
      Mixed-Use
      $6,225,000
      Hospitality
      $5,345,000
      Educational
      $5,570,000
      Residential Income
      $5,205,000
      Energy
      $4,490,000
      Income-Based Land
      $5,080,000
      Food Service
      $6,275,000

    Location Insight

    • Map
    • Local Demand
    City
    Purcellville
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.7167
    Latitude
    39.1464
    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
    $36,084
    $891,200
    $3,140,560
    $4,031,760
    -
    $891,200
    $3,140,560
    $4,031,760

    Comparable in this City

    • Value Estimation by Request
      12,000 SF

      37630 St Francis Ct

      WAREHOUSE, STORAGE • 12,000 SF
      37630 St Francis Ct, Purcellville, VA 20132-9705
      View Details
    • Value Estimation
      $1,075,000
      10,750 SF

      37307 Richardson Ln

      WAREHOUSE, STORAGE • 10,750 SF
      37307 Richardson Ln, Purcellville, VA 20132-3504
      View Details
    • Value Estimation by Request
      27,685 SF

      210 21st St

      WAREHOUSE, STORAGE • 27,685 SF
      210 21st St, Purcellville, VA 20132-3026
      View Details
    • Value Estimation by Request
      25,408 SF

      37231 Richardson Ln

      WAREHOUSE, STORAGE • 25,408 SF
      37231 Richardson Ln, Purcellville, VA 20132
      View Details
    • Value Estimation by Request
      5,000 SF

      235 Shepardstown Ct

      WAREHOUSE, STORAGE • 5,000 SF
      235 Shepardstown Ct, Purcellville, VA 20132
      View Details
    • Value Estimation by Request
      16,200 SF

      17000 Berlin Tpke

      WAREHOUSE, STORAGE • 16,200 SF
      17000 Berlin Tpke, Purcellville, VA 20132-9605
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      27,685 SF

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      Purcellville Office Building For Sale

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      Hillsboro Specialty Property For Sale

      Specialty property available for purchase in Hillsboro, Virginia.
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    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Main Street Retail Space, Purcellville, VA

      1,200 sq ft Retail Space - Prime Location
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      View Details
    • $24 SF/Yr
      863 SF

      Renovated Office Space Available

      Renovated office space with high visibility and low expenses.
      860 E Main St, Purcellville, VA 20132
      View Details
    • $600 /Mo
      23,522 SF

      Downtown Purcellville Office Space Available

      Office space for lease in the heart of Purcellville, Virginia.
      170 W Main St, Purcellville, VA 20132
      View Details
    • Contact for pricing
      1,776 SF

      Retail Space with Drive-Thru

      End cap retail space with drive-thru opportunity in Purcellville.
      711-725 E Main St, Purcellville, VA 20132
      View Details
    • Contact for pricing
      100,000 SF

      Prime Purcellville Retail Space

      Executive suites & retail in vibrant Purcellville.
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      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Purcellville Center

      Retail space available in Main Street Station shopping center.
      1000-1020 E Main St, Purcellville, VA 20132
      View Details
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    Purcellville, VA 20132-3502
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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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