3763 Fettler Park DrDumfries, VA 22025

Property Details for 3763 Fettler Park Dr

Year built

2007

Lot size

0.04 AC

Property size (Sq ft)

1,736 SF

Zone code

PLANNED BUS DIST

Property type

Office properties

APN

8189-76-9122.01

APU

818976912201

Description

This exceptional 1,736 square foot office condominium unit is located at 3763 Fettler Park Drive Unit A2, Dumfries, VA, within the 28-unit Corporate Plaza at Quantico Center. Situated on one level in a three-building complex, this property is currently operating as a sleep center, offering a versatile layout ideal for a variety of uses. The interior features a welcoming lobby, a functional reception area, two convenient restrooms, a practical kitchen area, four well-appointed sleep rooms, and two storage areas for added convenience. The flooring is a combination of carpet and tile, complemented by acoustic tile ceilings and energy-efficient fluorescent lighting. A comprehensive sprinkler system ensures safety and peace of mind. The unit also boasts upgraded audio and video equipment, a valuable asset for its current use and potential future applications. The building itself is constructed of durable concrete block with a flat composition roof. The unit is well-maintained and presents in average condition relative to comparable office condominiums in the area. This presents a compelling investment opportunity in a thriving location. The property is offered at $450,000.

• CAP approach

  CAP return

  Valuation

  6%

  $366,221

  6.5%

  $338,050

  7%

  $313,904

• Comparable approach

  Method

  Valuation

  Relative Method

  $289,929

  Geo Method

  $289,929

• Alternative Use

  Use

  Valuation

  Residential

  $419,182

  Hospitality

  $383,969

  Educational

  $319,458

  Medical

  $330,444

  Retail

  $496,934

Location Insight

City

Dumfries

County

Prince William

State

Virginia

Latitude

38.5795

Longitude

-77.3282

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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