3400 Catlett RdCatlett, VA 20119
- Retail properties
- 10,400 SF
Property Details for 3400 Catlett Rd
- Year built
- 1966
- Lot size
- 1.61 AC
- Property size (Sq ft)
- 10,400 SF
- Zone code
- COMMERCIAL HIWAY
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 7922-95-4101
- APU
- 7922954101
Description
This exceptional new 10,223 square foot flex building in Catlett, Virginia, offers three divisible bays for lease, each with its own unique appeal. Located on US 28, this property boasts high visibility and significant daily traffic, averaging 14,000 vehicles. The building features modern glass storefronts, a finished vanilla shell interior, and efficient heating and cooling systems. Each bay includes two bathrooms, and benefits from public water and sewer services. Electricity is separately metered for each unit. Large 7' x 6' front and rear doors are ideal for contractors and businesses requiring easy access for equipment and materials. Ample fleet parking is also available. Three suites are available for lease individually, ranging from 2,944 to 3,979 square feet, or the entire 10,223 square foot building can be leased. The lease rate is $16.00 per square foot, plus utilities. The C-2 zoning allows for a wide variety of uses, including retail, contractor spaces, medical offices, office space, farm equipment sales, plant nurseries, auto/truck stores, heavy equipment sales, antique stores, schools, churches, and meeting halls. This prime location and versatile space present a remarkable opportunity for businesses seeking a modern, functional, and highly visible location in a thriving area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,638,701
- 6.5%
- $3,358,801
- 7%
- $3,118,886
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,240,028
- Geo Method
- $5,240,028
-
Alternative Use
- Use
- Valuation
- Residential
- $2,833,274
- Hospitality
- $2,595,264
- Educational
- $2,159,229
- Medical
- $2,233,488
- Retail
- $3,358,801
Location Insight
- City
- Catlett
- County
- Fauquier
- State
- Virginia
- Latitude
- 38.6616
- Longitude
- -77.6368
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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