3400 Catlett RdCatlett, VA 20119

  • Retail properties
  • 10,400 SF
For Lease
$16/SF/YR View listing

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
3400 Catlett Rd, Catlett, Virginia

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

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
$4,802
$314,000
$127,600
$441,600
-
$314,000
$127,600
$441,600

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