5803 Rolling RdSpringfield, VA 22152

Property Details for 5803 Rolling Rd

Year built

1977

Construction

TYPE NOT SPECIFIED

Lot size

2.32 AC

Property size (Sq ft)

18,344 SF

Zone code

I-4(INDUST MEDIUM INTENSI

Property type

Office buildings

APN

079-1-16-0003

APU

791160003

Description

This exceptional 18,344 square foot office building is situated in Fairfax County, Virginia, a highly desirable location known for its affluent population and strong economy. Boasting a prime location directly on Rolling Road at a signalized intersection with over 31,000 vehicles passing daily, this property offers unparalleled visibility and convenient access. The building's strategic position provides easy access to major transportation arteries, including I-95, I-395, and I-495 (the "mixing bowl"), and is within a 20-minute drive of Reagan National Airport. The surrounding area is densely populated, with over 290,000 residents within a 5-mile radius, featuring a highly educated workforce boasting a college degree attainment rate exceeding 69%. Currently available for lease is a rare vacancy: an end unit offering abundant natural light and move-in ready condition. The space includes three private offices, a conference room, a small reception area, and ample storage. This single-tenant office building presents a unique opportunity for businesses seeking a prestigious and easily accessible location within a thriving community. The property is classified as Office and Land, and is a single-tenant building.

• CAP approach

  CAP return

  Valuation

  6%

  $3,869,794

  6.5%

  $3,572,117

  7%

  $3,316,966

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,063,632

  Geo Method

  $3,063,632

• Alternative Use

  Use

  Valuation

  Residential

  $4,429,426

  Hospitality

  $4,057,330

  Educational

  $3,375,651

  Medical

  $3,491,745

  Retail

  $5,251,012

Location Insight

City

Springfield

County

Fairfax

State

Virginia

Latitude

38.7943

Longitude

-77.2456

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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