14920 Washington StHaymarket, VA 20169

  • Auto shops
  • 3,198 SF
For Sale
$1,500,000 View listing

Property Details for 14920 Washington St

Year built
1922
Lot size
0.74 AC
Property size (Sq ft)
3,198 SF
Zone code
GENERAL BUSINESS
Property type
Auto shops
APN
7297-99-2992
APU
7297992992

Description

This exceptional 2,000 square foot retail property, situated on a 0.74-acre lot at 14920 Washington Street in Haymarket, Virginia, presents a unique investment opportunity. Located in the heart of Haymarket, this property benefits from the town's vibrant atmosphere, featuring regular events like fairs, parades, summer concerts, and a farmers market. Its strategic location is a key advantage, being just a quarter of a block from the newly opened Hilton Garden Inn and less than a mile from major retailers. This proximity to established businesses and amenities ensures high visibility and accessibility for potential tenants. Haymarket's rapid growth trajectory further enhances the property's investment potential. The building itself is designated as a locally historic structure within the Town's Comprehensive Plan and Contributing Resources List, adding to its character and potential appeal. While the property is being sold "as is," prospective buyers should conduct their own due diligence, including environmental and utility assessments, as no such records are currently available. The information provided is for informational purposes only and should not be considered a guarantee of accuracy. This presents a rare chance to acquire a piece of Haymarket's history and capitalize on its promising future.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,118,900
    6.5%
    $1,032,831
    7%
    $959,058
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,611,308
    Geo Method
    $1,611,308
  • Alternative Use

    Use
    Valuation
    Residential
    $871,232
    Hospitality
    $798,044
    Educational
    $663,963
    Medical
    $686,798
    Retail
    $1,032,831

Location Insight

City
Haymarket
County
Prince William
State
Virginia
Latitude
38.8121
Longitude
-77.6354
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
2023
$4,584
$392,400
$48,200
$440,600
-
$392,400
$48,200
$440,600

FAQs

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