8001 Braddock RdSpringfield, VA 22151

  • Office buildings
  • 105,142 SF

Property Details for 8001 Braddock Rd

Year built
1980
Construction
STEEL FRAME
Lot size
4.85 AC
Property size (Sq ft)
105,142 SF
Zone code
I-4(INDUST MEDIUM INTENSI
Property type
Office buildings
APN
070-4-10-0001-A
APU
0704100001A

Description

This exceptional commercial property located at 8001 Braddock Road, Unit 200, Springfield, Virginia, presents a unique investment opportunity. Situated on a substantial 4.85-acre lot, this office building offers significant potential for expansion or redevelopment. The property's address is highly visible and easily accessible, providing excellent exposure for any business. While the precise square footage is currently unavailable, the expansive acreage suggests a considerable building footprint. The property's location in Springfield, VA, offers convenient access to major transportation arteries, making it an attractive location for employees and clients alike. The large lot size provides ample parking and potential for future development, including additional buildings or outdoor amenities. This property is ideal for a company seeking a prominent presence in a thriving business community. The absence of a listed price indicates a flexible negotiation process, allowing for a tailored transaction to meet the specific needs of the buyer. Serious inquiries are encouraged to explore this exceptional opportunity further. Further details regarding the building's specifications and interior layout are available upon request. This is a rare chance to acquire a significant commercial property in a desirable location with substantial growth potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $22,180,432
    6.5%
    $20,474,246
    7%
    $19,011,800
  • Comparable approach

    Method
    Valuation
    Relative Method
    $17,559,766
    Geo Method
    $17,559,766
  • Alternative Use

    Use
    Valuation
    Residential
    $25,388,064
    Hospitality
    $23,255,330
    Educational
    $19,348,162
    Medical
    $20,013,574
    Retail
    $30,097,140

Location Insight

City
Springfield
County
Fairfax
State
Virginia
Latitude
38.8103
Longitude
-77.2206
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
$119,802
$2,207,980
$7,126,060
$9,334,040
-
$2,207,980
$7,126,060
$9,334,040

FAQs

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