6130 Redwood Square CtrCentreville, VA 20121
- Office properties
- 0.85 AC
Property Details for 6130 Redwood Square Ctr
- Lot size
- 0.85 AC
- Zone code
- C-2(LIMITED OFFICE)
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 065-2-01-0014-E
- APU
- 0652010014E
Description
This 3,548 square-foot former bank branch in Centreville, Virginia, offers a unique opportunity for lease or build-to-suit. The property features a convenient three-lane drive-thru, ideal for medical practices or other businesses requiring high client accessibility. Situated on a 0.85-acre lot in Fairfax County, the location boasts excellent visibility and high traffic counts (56,000 AADT) at a signalized intersection. The property enjoys easy access to major roadways, including Interstate 66, Interstate 465, and is less than 1.2 miles from Interstate 95's Exit 32. Proximity to Dulles International Airport and Washington, D.C. (25 miles northeast) further enhances its appeal. The site is zoned Limited Office, permitting various uses including medical care, financial services, day care, private schools, and more. Sit-down and carry-out restaurants require a special exception. Ample parking is available with 20 spaces. This property presents a rare chance to establish a thriving business in a high-demand location. The rectangular lot provides flexibility for renovations or new construction, catering to specific business needs.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $8,176,784
- 6.5%
- $7,547,801
- 7%
- $7,008,672
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,548,545
- Geo Method
- $3,548,545
-
Alternative Use
- Use
- Valuation
- Residential
- $9,359,273
- Hospitality
- $8,573,044
- Educational
- $7,132,672
- Medical
- $7,377,976
- Retail
- $11,095,268
Location Insight
- City
- Centreville
- County
- Fairfax
- State
- Virginia
- Latitude
- 38.8301
- Longitude
- -77.4338
- 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
Similar Nearby for Lease
FAQs
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