4115 Annandale RdAnnandale, VA 22003

Property Details for 4115 Annandale Rd

Year built

1986

Construction

STEEL FRAME

Lot size

1.06 AC

Property size (Sq ft)

38,512 SF

Zone code

C-3(OFFICE)

Property type

Office properties

Property subtype

Office buildings

APN

060-3-16-0092-B

APU

0603160092B

Description

This three-story, 36,843 square foot office building, constructed in 1986, presents a compelling investment opportunity in the thriving Annandale, Virginia market. Located at 4115 Annandale Road, zip code 22003, the property boasts a C3 zoning designation and offers a variety of suite sizes, ranging from 150 to 3,676 square feet, with a maximum contiguous space of 2,969 square feet. Currently, 8,154 square feet are vacant, providing immediate occupancy potential for multiple tenants. The building is well-equipped with elevators and caters to diverse office needs, including traditional, executive, and medical office spaces. Its strategic location on Annandale Road provides convenient access to major thoroughfares such as Columbia Pike (Route 244), Little River Turnpike (Route 236), Gallows Road, I-495, and Route 66, with proximity to I-95 and I-395. The property benefits from its position within a vibrant commercial area, surrounded by established retail centers and rapidly developing residential neighborhoods, ensuring high visibility and a strong tenant pool. This is an exceptional opportunity to secure a well-situated office building in a high-growth area.

• CAP approach

  CAP return

  Valuation

  6%

  $8,506,638

  6.5%

  $7,852,282

  7%

  $7,291,404

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,431,889

  Geo Method

  $6,431,889

• Alternative Use

  Use

  Valuation

  Residential

  $9,736,829

  Hospitality

  $8,918,883

  Educational

  $7,420,406

  Medical

  $7,675,606

  Retail

  $11,542,854

Location Insight

City

Annandale

County

Fairfax

State

Virginia

Latitude

38.834

Longitude

-77.197

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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