20921 Davenport DrSterling, VA 20165

Property Details for 20921 Davenport Dr

Year built

1988

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

7.41 AC

Property size (Sq ft)

52,600 SF

Zone code

PDCCSC

Property type

Retail properties

Property subtype

Super regional malls

APN

029-30-3064-000

APU

29303064000

Description

This 6,500 square foot retail space, located at 20921 Davenport Drive in Sterling, Virginia, presents a unique opportunity. Built in 1988, the property is situated in the Regal Center and offers multiple tenancy options, ideal for a restaurant, gym, exercise center, or martial arts studio. The building boasts 237 parking spaces, ensuring ample convenience for patrons. Its prime location, just off Route 7 and Route 28, provides excellent visibility and accessibility, with prominent signage visible from Harry Byrd Highway (Route 7). The property is zoned PD-OP, County, within Loudoun County and benefits from its proximity to major thoroughfares and popular destinations. The area offers a vibrant mix of established businesses and residential communities, including the Dulles Town Center. Nearby amenities include diverse dining options such as Aoba Sushi, O'Faolain's Irish Pub, Bonchon Chicken, and Toosso Pakistani, along with entertainment venues like indoor skydiving and TopGolf. This location offers high visibility and easy access for customers, making it an attractive proposition for a variety of businesses seeking a thriving commercial environment in Sterling, VA, zip code 20165. The total building square footage is not specified.

• CAP approach

  CAP return

  Valuation

  6%

  $18,403,428

  6.5%

  $16,987,780

  7%

  $15,774,367

• Comparable approach

  Method

  Valuation

  Relative Method

  $26,502,446

  Geo Method

  $26,502,446

• Alternative Use

  Use

  Valuation

  Residential

  $14,329,828

  Hospitality

  $13,126,046

  Educational

  $10,920,716

  Medical

  $11,296,296

  Retail

  $16,987,780

Location Insight

City

Sterling

County

Loudoun

State

Virginia

Latitude

39.0364

Longitude

-77.4108

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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