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15516 Lee Hwy - 15504 - 15516 Lee Highway 48.97 Acres of Commercial Land Offered at $72,000,000 in Gainesville, VA 20155

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INVESTMENT HIGHLIGHTS

  • Heavy rt 29 traffic all day

EXECUTIVE SUMMARY

Lee Highway Gainesville Va Long term usage for residential mixed use Across from Wegmans.
Seller willing to keep 15% / 7.2 ac commercial component and sell just 41 acres Multi Family and townhouses.
- Close to I66, Rt. 55 & 15
Rezoning Required

PROPERTY FACTS

Price $72,000,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Fast Food
  • General Freestanding
  • Health Club
  • Movie, Radio or Television Studio
Total Lot Size 48.97 AC
No. Stories 1
Zoning A-1 - currently A1 comprehensive plan MUT3

1 LOT AVAILABLE

Lot

Price $72,000,000
Price Per AC $1,470,287.93
Lot Size 48.97 AC

Gainesville, Across Wegmans on Lee Highway mixed Use Play with retail, Multifamily and town houses Seller willing to keep commercial 7 acres retail development and sell just 41 acres multi family and Town Houses Multi Family 312 Town Houses 280

DESCRIPTION

land across Wegmans - On Lee Hwy across from The Shops at Stonewall - Wegmans - Close to I66, Rt. 55 & 15

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 7297-30-5185
  • 7297-30-8798
  • 7297-31-6508
  • 7297-32-7701
Land Assessment
$976,400
Improvements Assessment
$2,100
Total Assessment
$978,500
  • Listing ID: 8475452

  • Date on Market: 8/3/2017

  • Last Updated:

  • Address: 15516 Lee Hwy, Gainesville, VA 20155

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