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15030 Lee Highway

GAINESVILLE, VA 20155
  • $1,100,000
  • STATUS: Active Under Contract
  • ON SITE: 103 Days
  • ID#: VAPW2039520
Under Contract
UPDATED: 72 min ago
$1,100,000
  • 0
    BEDS
  • 8.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Investment opportunity: 8 Acre lot on Lee Highway US 29 with a house and small warehouse. Highly visible with 212 feet of frontage on north side of US-29. Located near The Shops at Stonewall (Wegmans, Bed Bath & Beyond, & Dicks Sporting Goods). House: The existing home at 10530 Lee Hwy is a 44 year-old brick and frame 3 bedroom 3 bath split level with 2 car garage in average condition. Workshop located behind the house.Zoning: The existing zoning of the subject+GGs is A-1 Agricultural. The subject is surrounded on the northwest and east by R4 zoning, it seems reasonable to assume that the County would look favorably on rezoning the subject to R4. R4 allows low-to-moderate density residential uses at approximately four dwelling units per acre. The minimum lot size is 10,000 SF with a minimum lot width of 70+GG (100+GG for corner lots) with open space of 60% of the lot. Front, rear and side setbacks are 30+GG, 25+GG and 10+GG, respectively.Highest and Best Use: The subject is located on a highway corridor ripe for development of vacant parcels into higher density residential and commercial uses. The almost insatiable demand for raw land available for new home construction, the rising demographics of the surrounding neighborhood, as well as the limitations imposed by the zoning requirements, in my opinion, the highest and best use of the subject is for holding as an investment, until the site can be assembled with the adjacent vacant properties. The subject is right in the path of development coming from the east and west along Lee Hwy.Location: This parcel contains 8 acres along the north side of Lee Highway north of the Lake Manassas Planned Community and just west of the Hopewell+GGs Landing subdivision. The property is located in the western portion of Prince William County approximately one half mile west of Gainesville, three miles south of Haymarket, and two+- miles west of I-66. Washington, DC is approximately 30 miles to the east of the subject property. The area contains a broad mix of residential and commercial/retail, religious, recreational and municipal uses, varying from low to medium density neighborhoods, with ages of construction typically between new and 30 years in the area. New construction is in evidence in all use categories as population continues its growth throughout the County.GPIN: 7297-71-3287Walk the property anytime. House tours are by appointment only.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sky Group of Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-02-06T23:49:32.84.
www.theskygroup.com/homes/134274429
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15030 Lee Highway GAINESVILLE, VA 20155

  • Price: $1,100,000
  • Status: Active Under Contract
  • On Site: 103 Days
  • Updated: 72 min ago
  • ID#: VAPW2039520
0
Beds
0
Baths
0
½ Baths
8.02
Acres
County:
Prince William
School District:
Prince William County Public Schools
Property Description
Investment opportunity: 8 Acre lot on Lee Highway US 29 with a house and small warehouse. Highly visible with 212 feet of frontage on north side of US-29. Located near The Shops at Stonewall (Wegmans, Bed Bath & Beyond, & Dicks Sporting Goods). House: The existing home at 10530 Lee Hwy is a 44 year-old brick and frame 3 bedroom 3 bath split level with 2 car garage in average condition. Workshop located behind the house.Zoning: The existing zoning of the subject+GGs is A-1 Agricultural. The subject is surrounded on the northwest and east by R4 zoning, it seems reasonable to assume that the County would look favorably on rezoning the subject to R4. R4 allows low-to-moderate density residential uses at approximately four dwelling units per acre. The minimum lot size is 10,000 SF with a minimum lot width of 70+GG (100+GG for corner lots) with open space of 60% of the lot. Front, rear and side setbacks are 30+GG, 25+GG and 10+GG, respectively.Highest and Best Use: The subject is located on a highway corridor ripe for development of vacant parcels into higher density residential and commercial uses. The almost insatiable demand for raw land available for new home construction, the rising demographics of the surrounding neighborhood, as well as the limitations imposed by the zoning requirements, in my opinion, the highest and best use of the subject is for holding as an investment, until the site can be assembled with the adjacent vacant properties. The subject is right in the path of development coming from the east and west along Lee Hwy.Location: This parcel contains 8 acres along the north side of Lee Highway north of the Lake Manassas Planned Community and just west of the Hopewell+GGs Landing subdivision. The property is located in the western portion of Prince William County approximately one half mile west of Gainesville, three miles south of Haymarket, and two+- miles west of I-66. Washington, DC is approximately 30 miles to the east of the subject property. The area contains a broad mix of residential and commercial/retail, religious, recreational and municipal uses, varying from low to medium density neighborhoods, with ages of construction typically between new and 30 years in the area. New construction is in evidence in all use categories as population continues its growth throughout the County.GPIN: 7297-71-3287Walk the property anytime. House tours are by appointment only.
Exterior Features

Garage YN No Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Property Features

Assessment Year 2022 Association YN No Central Air YN No Construction Completed YN No Current Use Residential Navigable Water YN N Original MLSNumber 801939642604 Ownership Interest Fee Simple Possession Settlement Property Sub Type Land Sale Type Standard Sewer On Site Septic Tax Annual Amount 6819.00 Tax Assessment Amount 605900.00 Vacation Rental YN No Water Source Well Zoning A1

Listing courtesy of Wright Realty, Inc.: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sky Group of Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-02-06T23:49:32.84.
 
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The Sky Group of Long & Foster Real Estate
7700 Old Georgetown Rd, Suite 120
Bethesda MD, 20814