This exceptional retail property, located at 23520 Overland Dr, Sterling, VA 20166, offers 17,230 square feet of vacant space available for lease. Situated in the Dulles Market Square, this location provides excellent visibility and accessibility. The property is zoned PDCC-CC, allowing for a variety of retail uses. Multiple tenancy options are available, with spaces ranging from a minimum of 2,047 square feet to a maximum contiguous space of 5,105 square feet. This presents a unique opportunity for businesses seeking flexible and adaptable retail space in a thriving market. The property's strategic location in Dulles, Virginia, ensures high foot traffic and convenient access for customers. The total building size is 17,230 square feet, providing ample space for a variety of retail concepts. This is an ideal opportunity for businesses looking to establish a strong presence in a high-growth area. The entire space is currently vacant, offering a blank canvas for a new tenant to customize and develop. Interested parties are encouraged to inquire about lease terms and conditions. The property's address is easily accessible and well-suited for both local and regional clientele. This is a rare opportunity to secure a significant retail presence in a prime location within the Dulles corridor.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$20,165,750
6.5%
$18,614,538
7%
$17,284,928
Comparable approach
Method
Valuation
Relative Method
$29,040,334
Geo Method
$29,040,334
Alternative Use
Use
Valuation
Residential
$15,702,059
Hospitality
$14,383,002
Educational
$11,966,489
Medical
$12,378,034
Retail
$18,614,538
Location Insight
City
Sterling
County
Loudoun
State
Virginia
Latitude
38.962
Longitude
-77.4967
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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