43761 Parkhurst PlzAshburn, VA 20147

Property Details for 43761 Parkhurst Plz

Year built

1996

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

11.23 AC

Property size (Sq ft)

57,862 SF

Zone code

PDH4

Property type

Retail properties

Property subtype

Retail space

APN

087-46-8066-000

APU

87468066000

Description

This exceptional retail property, located at 43761 Parkhurst Plaza in Ashburn, Virginia, offers 91,620 square feet of commercial space within a single building. Situated on a 0.7-acre lot in Loudoun County, this multi-tenant property presents a unique investment opportunity. The center is strategically positioned within an affluent and diverse neighborhood boasting average household incomes exceeding $165,000. This prime location ensures high visibility and significant foot traffic, making it ideal for a variety of retail businesses. The property's size and configuration provide ample space for a range of tenants, offering flexibility and potential for significant returns. With its convenient location in Ashburn, Virginia, zip code 20147, this retail center benefits from excellent access to major transportation routes and a strong local customer base. The property's single-building design simplifies management and maintenance, while the substantial square footage allows for diverse tenant configurations. This is a rare opportunity to acquire a well-located, established retail center in a thriving community. The property's 0.7-acre lot provides ample space for parking and potential future expansion. This is an exceptional opportunity for investors seeking a high-return, low-risk investment in a prime retail location.

• CAP approach

  CAP return

  Valuation

  6%

  $20,244,472

  6.5%

  $18,687,204

  7%

  $17,352,404

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,153,700

  Geo Method

  $29,153,700

• Alternative Use

  Use

  Valuation

  Residential

  $15,763,356

  Hospitality

  $14,439,149

  Educational

  $12,013,203

  Medical

  $12,426,355

  Retail

  $18,687,204

Location Insight

City

Ashburn

County

Loudoun

State

Virginia

Latitude

39.0291

Longitude

-77.487

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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