1946 Isaac Newton SqReston, VA 20190

Property Details for 1946 Isaac Newton Sq

Year built

1995

Construction

FRAME

Property size (Sq ft)

14,672 SF

Zone code

I-5(INDUSTRIAL GENERAL)

Property type

Office properties

Property subtype

Other office properties

APN

017-4-25-1946-A

APU

0174251946A

Description

This exceptional 14,672 square foot daycare center is available for lease in the vibrant Reston, Virginia community. Located at 1946 Isaac Newton Square in Fairfax County, this single-tenant property boasts a spacious layout ideal for childcare operations. The facility includes 12 classrooms, providing ample space for various age groups. Additional amenities include dedicated office space and a cafeteria, ensuring a comfortable and functional environment for both children and staff. Beyond the indoor space, the property also features a substantial 12,600 square foot playground, offering children a safe and stimulating outdoor play area. The daycare center is licensed for a capacity of 220 children, presenting a significant opportunity for a growing childcare business. Its convenient location near the Wiehle Metro station, Reston Station, and Reston Town Center provides easy accessibility for parents and staff, enhancing its appeal and potential for success. This property represents a rare opportunity to acquire a well-established and fully equipped daycare center in a highly desirable location. The property type is retail, specifically a daycare for lease. The zip code is 20190.

• CAP approach

  CAP return

  Valuation

  6%

  $3,790,598

  6.5%

  $3,499,014

  7%

  $3,249,084

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,933,520

  Geo Method

  $2,933,520

• Alternative Use

  Use

  Valuation

  Residential

  $4,338,777

  Hospitality

  $3,974,296

  Educational

  $3,306,568

  Medical

  $3,420,286

  Retail

  $5,143,550

Location Insight

City

Reston

County

Fairfax

State

Virginia

Latitude

38.9532

Longitude

-77.3391

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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