For Sale
$1,500,000

15026 Lee Hwy Gainesville, VA 20155

8-Acre Residential Lot, Lee Highway

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 8-acre parcel presents a compelling investment opportunity in Gainesville, Virginia. Located on the north side of Lee Highway (US-29), this property boasts 300 feet of highly visible frontage. Its strategic location near The Shops at Stonewall (including Wegmans, Bed Bath & Beyond, and Dick's Sporting Goods) ensures high traffic and visibility. Currently zoned A-1 Agricultural, the property is surrounded by R-4 zoned land, suggesting potential for rezoning to allow for low-to-moderate density residential development (approximately four dwelling units per acre). The Prince William County Comprehensive Plan designates this area as Residential Neighborhood T-2, supporting single-family home development within a residential community, emphasizing pedestrian amenities and open space. The property's location within a rapidly developing corridor, coupled with high demand for new home construction and the area's rising demographics, makes it an ideal holding investment until assembly with adjacent properties allows for larger-scale development. Situated near Lake Manassas Planned Community and Hopewell's Landing subdivision, this parcel offers easy access to I-66 and is approximately 30 miles from Washington, D.C. The surrounding area features a mix of residential and commercial uses, with ongoing new construction reflecting the county's population growth. The property's GPIN is 7297-72-6513. The asking price is $1,500,000.

Highlights

  • $1,500,000 asking price for 8-acre land parcel.
  • 8-acre lot zoned A1, with potential for rezoning to R4 (allowing approx. 4 dwelling units per acre).
  • High visibility with 300 feet of frontage on US-29 (Lee Highway), near The Shops at Stonewall.
  • Located in Gainesville, VA (Prince William County), near I-66 and approximately 30 miles from Washington, D.C.
  • APN: 7297-72-6513.

Property Details for 15026 Lee Hwy

Property type
Land
Lot Size (sq. ft)
348,480 SF

Location Insight

City
Gainesville
County
Prince William
State
Virginia
Latitude
38.790629
Longitude
-77.641498

FAQs

What type of property is this?
Land - 8-Acre Residential Lot, Lee Highway
Where is the land located?
The property is located at 15026 Lee Hwy Gainesville, VA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: $1,500,000 asking price for 8-acre land parcel.; 8-acre lot zoned A1, with potential for rezoning to R4 (allowing approx. 4 dwelling units per acre).; High visibility with 300 feet of frontage on US-29 (Lee Highway), near The Shops at Stonewall.
How can I contact the broker?
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15026 Lee Hwy
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