5510 Alma LnSpringfield, VA 22151

Property Details for 5510 Alma Ln

Year built

1986

Construction

STEEL FRAME

Property size (Sq ft)

1,838 SF

Zone code

I-5(INDUSTRIAL GENERAL)

Property type

Office properties

Property subtype

Other office properties

APN

080-2-13-0310

APU

802130310

Description

This exceptional 2,400 square foot medical office space, located at 5510 Alma Lane Unit 110 in Springfield, Virginia, presents a unique opportunity for immediate occupancy. Previously utilized as a radiology practice, this self-contained unit is in move-in condition and offers a fully built-out, turnkey solution for a medical or radiology practice. The space boasts 1,639 usable square feet, providing ample room for operations and patient care. The property features convenient free surface parking, a significant advantage in this area. Its strategic location offers easy access to major transportation arteries, including Interstate 395, Interstate 495, Route 50, and Route 66, ensuring convenient access for both patients and staff. The property's proximity to Washington, D.C., and Northern Virginia further enhances its appeal and accessibility. This well-maintained space is ready for immediate use, eliminating the need for extensive renovations or build-out costs, allowing for a quick and efficient transition to your new practice. The property is priced at $599,900.

• CAP approach

  CAP return

  Valuation

  6%

  $387,739

  6.5%

  $357,913

  7%

  $332,348

• Comparable approach

  Method

  Valuation

  Relative Method

  $306,964

  Geo Method

  $306,964

• Alternative Use

  Use

  Valuation

  Residential

  $443,812

  Hospitality

  $406,529

  Educational

  $338,228

  Medical

  $349,860

  Retail

  $526,132

Location Insight

City

Springfield

County

Fairfax

State

Virginia

Latitude

38.8008

Longitude

-77.1861

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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