This exceptional 1,196 square foot office condo is ideally situated in a central Annandale office complex. Located on the first floor, the unit boasts a generous reception area, perfect for welcoming clients. Four private offices provide ample space for individual work or team collaboration. Two restrooms and a kitchenette add convenience and functionality. The property offers the unique advantage of allowing the installation of a custom sign atop the entrance, enhancing visibility and brand recognition. Its prime location in the heart of Annandale ensures easy access to major thoroughfares, with close proximity to both the 495 and 395 highways. This makes commuting and client accessibility exceptionally convenient. The property is well-suited for a variety of professional uses, including but not limited to CPA firms, law offices, educational academies, and medical practices. Ample free parking is available, eliminating the hassle of finding parking for staff and clients. The combination of its spacious layout, convenient amenities, and strategic location makes this office condo a truly exceptional opportunity. This is a must-see property for any business seeking a well-established and easily accessible location in Annandale.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$264,176
6.5%
$243,855
7%
$226,436
Comparable approach
Method
Valuation
Relative Method
$199,744
Geo Method
$199,744
Alternative Use
Use
Valuation
Residential Income
$302,380
Hospitality / Lodging
$276,978
Institutional / Educational
$230,443
Healthcare / Senior Housing
$238,368
Retail / Commercial
$358,466
Location Insight
City
Annandale
County
Fairfax
State
Virginia
Latitude
38.8299
Longitude
-77.186
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Little River Tpke Annandale, VA 22003
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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