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Sold for $1,200,000
  • $1,200,000

    15026 Lee Hwy, Gainesville, VA 20155

    --beds
    --baths
    8.02Acres
    Unimproved Land
    Built in ----
    8.02 Acres Lot
    $-- Zestimate®
    $--/sqft
    $2,706 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,706/mo

    Zestimate® history
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    What's special

    Investment opportunity: 8-acre lot on Lee Highway US 29. Highly visible with 300 feet of frontage on the north side of US-29. Located near The Shops at Stonewall (Wegmans, Bed Bath & Beyond, & Dicks Sporting Goods). Zoning: The existing zoning of the subject 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. Comprehensive Plan: Residential Neighborhood T-2 are and opportunity to develop single family detached homes in a residential community. RN-2 areas primarily accommodate single-family homes arranged in a cluster or medium sized lots. Connections and pedestrian amenities should be a priority for all development design including trails and open space integrated in the development in appropriate locations. Best Use: The subject is located on a highway corridor ripe for development of vacant parcels into higher-density residential and commercial uses. With 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’s 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 the population continues its growth throughout the County. GPIN: 7297-72-6513.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ed Wright 703-282-2372,

    Wright Realty, Inc.

    Bought with:

    Arun Sareen, 225029205

    Sareen Realty, Inc.

    Source: Bright MLS,MLS#: VAPW2075870MLS Logo

    Facts & features

    Property

    Lot
    • Size: 8.02 Acres
    • Dimensions: 1312ft
    Details
    • Parcel number: 7297726513
    • Zoning: A1
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: Other
    • Water: Other

    Community & HOA

    Community
    • Subdivision: None Available
    HOA
    • Has HOA: No
    Location
    • Region: Gainesville

    Financial & listing details

    • Tax assessed value: $266,800
    • Annual tax amount: $2,653
    • Date on market: 7/23/2024
    • Listing agreement: Exclusive Agency
    • Listing terms: Other
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/6/2024Sold$1,200,000-20%
    Source: Bright MLS #VAPW2075870 Report a problem
    11/21/2024Pending sale$1,500,000
    Source: Bright MLS #VAPW2075870 Report a problem
    7/23/2024Listed for sale$1,500,000
    Source: Bright MLS #VAPW2075870 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,061 +15.4%$312,200 +17%
    2024$2,653 +6%$266,800 +10.9%
    2023$2,503 +3.3%$240,600 +9.9%
    2022$2,424 +2.1%$218,900 +10.4%
    2021$2,375 -0.8%$198,300
    2020$2,394 +100%$198,300
    2019$1,197 -50%$198,300
    2018$2,394 +0.1%$198,300
    2017$2,393 +102%$198,300
    2016$1,185 +5.9%$198,300 +1.4%
    2015$1,119 $195,500
    Find assessor info on the county website

    Neighborhood: 20155

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Prince William County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.