560th FloridaHerndon, VA 20170

  • Garden apartment buildings
  • 37,266 SF
Off market
$8,521,700 Estimated

Property Details for 560th Florida

Year built
1989
Construction
STEEL FRAME
Lot size
2.36 AC
Property size (Sq ft)
37,266 SF
Zone code
RM-1(MULTI-FAM 20UNITS/AC
Property type
Garden apartment buildings
APN
016-2-02-0123-A
APU
0162020123A

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,659,600
    6.5%
    $11,685,800
    7%
    $10,851,100
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,717,630
    Geo Method
    $8,717,630
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $18,885,100
    Retail / Commercial
    $9,663,660
    Mixed-Use / Specialty
    $9,613,020
    Hospitality / Lodging
    $7,031,690
    Office
    $9,539,050
    Institutional / Educational
    $9,987,880
    Multifamily
    $14,105,100
    Automotive / Energy
    $8,561,040
    Parking / Income-Based Land
    $2,970,300
    Restaurant / Food Service
    $4,965,260
    Healthcare / Senior Housing
    $9,874,570

Location Insight

City
Herndon
County
Fairfax
State
Virginia
Latitude
38.9648
Longitude
-77.3904
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
$120,880
$2,016,000
$6,505,700
$8,521,700
-
$2,016,000
$6,505,700
$8,521,700

FAQs

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