Property profile

701 Market St Leesburg, VA 20176

OFF-MARKET
Super regional malls
Property ID
US87-3446423
64,456 SF 5.5 ac lot Built 1987
Entity Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 64,456 SF
Lot 5.5 ac (239,580 SF)
Zoning code LB:CDD
APN 189-46-7155-000
UPID US87-3446423

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Bank Loan Service
  • Atm
  • Financial Advisor

Location

701 Market St Leesburg, VA 20176-4402
Leesburg metro Census 610505 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.77M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.00M
Blend (final) Blend
$1.89M

Owner & transaction history

since 2013
3 recorded transactions
2013
$18,200
2007
$18.2M
2005
$10

Zoning & alternative use

LB:CDD · Leesburg, VA
Top alternative use upside
Warehouse, storage $2.9M +7.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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