23520 Overland DrDulles, VA 20166

  • Retail properties
  • 57,637 SF
For Lease

Property Details for 23520 Overland Dr

Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
4.32 AC
Property size (Sq ft)
57,637 SF
Zone code
PDCCCC
Property type
Retail properties
Property subtype
Super regional malls
APN
124-40-2393-000
APU
124402393000

Description

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
23520 Overland Dr, Dulles, Virginia

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$75,376
$3,458,200
$5,255,840
$8,714,040
-
$3,458,200
$5,255,840
$8,714,040

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