4 months on rocket

15026 Lee Hwy, Gainesville, VA, 20155

$1,500,000

8.02 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #VAPW2075870
Lot Size8.02 Acres
StatusActive
(ACTIVE)

About 15026 Lee Hwy

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.

Property Details

Property Features

Listing Office:

  • Office Name: Wright Realty, Inc.
  • Office Phone: (703) 368-8136
  • Listing Agent: Edward B Wright III

Lot Features

Lot Information:

  • Lot Size: 8.02 Acres

Other

Directions Information:

  • Directions: On Rt-29 near Stonewall Shops Square.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000

Tax Information:

  • Annual Amount: $2,375
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Gainesville, VA.

Med. Sold Price

$625.9K

Med. Price/SqFt

$257

Avg. Days On Market

18

# of Sold Homes

101

15026 Lee Hwy vs Gainesville

121 DAYS ON ROCKET

+103 Days

$1,500,000

+$874K More

KEY TAKEAWAY

This property is $874K more than the Median Sold Price in Gainesville, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VAPW2075870

Listing Office:

  • Office Name: Wright Realty, Inc.
  • Office Phone: (703) 368-8136
  • Listing Agent: Edward B Wright III

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 2:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,375$198,300
2020$3,073$198,300
2019$3,073$198,300
2018$3,074$198,300
2017$2,393$198,300

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-517317
7
/10
  • Buckland Mills Elementary School

  • 10511 Wharfdale Pl

  • 0.68 miles

  • Public Magnet Grades PK-5

school-card-donut-517318
8
/10
  • Haymarket Elementary School

  • 15500 Learning Ln

  • 1.29 miles

  • Public District Grades KG-5

school-card-donut-517319
7
/10
  • Tyler Elementary School

  • 14500 John Marshall Hwy

  • 1.57 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $111,596. The most common annual income of people living in Gainesville, VA is between $100k-200k. The majority of families are married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Gainesville, VA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Gainesville, VA?

Gainesville's housing market is diverse, offering a range of options from spacious single-family homes to convenient townhouses and apartments. The architectural styles vary, with a mix of colonial, ranch, and contemporary designs prevalent throughout the area. A significant portion of the housing stock was built during the housing expansion of the late 1990s and early 2000s. The homeownership rate in Gainesville is high, with a substantial majority of residents owning their homes, reflecting a stable and invested community.

Is Gainesville, VA a good place to live?

Gainesville is known for its suburban charm and community-oriented atmosphere. The area prides itself on a blend of historical sites and modern conveniences, providing a sense of continuity with the past while accommodating contemporary lifestyles. Seasonal events and local farmers' markets are central to Gainesville's community life, fostering a sense of togetherness and local pride among residents.

Are things conveniently located in Gainesville, VA?

The community is served by a number of public schools, offering educational opportunities from elementary through high school levels, as well as private educational institutions that cater to a variety of learning preferences. Healthcare services are accessible, with clinics and a hospital that provide a range of medical services. Gainesville also features a public library, contributing to the educational resources of the community. Retail and dining options are plentiful, with both local and national brands represented, reflecting the area's growing and diverse population.

What does the transportation in Gainesville, VA look like?

Transportation in Gainesville includes a network of major roads and highways that connect residents to the wider region, facilitating commutes to employment centers and nearby cities. Public transportation options are available, providing connectivity within Gainesville and to adjacent areas. The community is also served by various ride-sharing options, enhancing mobility for those without private vehicles. While some areas of Gainesville are more walkable than others, efforts have been made to improve pedestrian and bicycle infrastructure to promote a more active and sustainable lifestyle.

Frequently Asked Questions About 15026 Lee Hwy

What is the listing price of this property?

The listing price of 15026 Lee Hwy property is $1,500,000.

What type of property is this?

The property 15026 Lee Hwy is land located in Gainesville, Virginia, 20155.

Is this property for sale now?

Active Listing: 15026 Lee Hwy is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,375 (source: MLS/based on county public records data).

How much acreage is this property?

The property 15026 Lee Hwy is 8.02 acres.
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Rocket HomesVirginiaPrince William CountyGainesville2015515026 Lee Hwy

This home is located at 15026 Lee Hwy in Gainesville, VA and zip code 20155. This home sits on a 8.02 acre lot. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $1,500,000.

In October 2024 more than 33 listings in Gainesville, VA were sold above the asking price. During the same period more than 30 listings were sold at asking price, while more than 38 were sold below. The inventory of homes for sale in Gainesville, VA between September 2024 and October 2024 increased by 14.6%. In October 2024, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $625,907.

From Rocket Homes Real Estate and based on county public records data.

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