8206 Leesburg PikeVienna, VA 22182

Property Details for 8206 Leesburg Pike

Year built

1973

Construction

STEEL FRAME

Lot size

0.46 AC

Property size (Sq ft)

28,675 SF

Zone code

C-8(HIGHWAY COMMERCIAL)

Property type

Medical offices

Property subtype

Medical centers

APN

029-4-02-0001

APU

294020001

Description

This exceptional four-story medical office building, located at 8206 Leesburg Pike in Vienna, Virginia (zip code 22182), offers a unique investment opportunity. Situated on one acre in Fairfax County, the property boasts a total of 7,818 square feet of vacant space, divisible into units ranging from 1,021 to 3,587 contiguous square feet. The building features a total of five suites, making it ideal for a variety of medical practices or a single large tenant. Renovated in 1999, the building is well-maintained and ready for immediate occupancy. Ample parking is provided with a ratio of 3.5 spaces per 1,000 square feet. The property's convenient location on Leesburg Pike offers excellent visibility and accessibility, ensuring high traffic and potential for growth. This is a rare opportunity to acquire a well-positioned medical office building in a thriving market. The building's single-story design and ample parking make it highly desirable for medical professionals and their patients. The property's location in Fairfax County, Virginia, provides access to a strong and growing patient base. This is an excellent opportunity for investors seeking a stable and appreciating asset in a prime location. Contact us today to learn more about this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $9,334,980

  6.5%

  $8,616,900

  7%

  $8,001,410

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,432,660

  Geo Method

  $2,758,250

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $17,843,000

  Retail / Commercial

  $8,977,860

  Mixed-Use / Specialty

  $8,810,370

  Hospitality / Lodging

  $6,287,480

  Institutional / Educational

  $9,110,810

  Residential Income

  $10,659,600

  Multifamily

  $13,535,700

  Automotive / Energy

  $7,809,260

  Parking / Income-Based Land

  $2,828,740

  Restaurant / Food Service

  $4,293,180

  Healthcare / Senior Housing

  $9,173,810

Location Insight

City

Vienna

County

Fairfax

State

Virginia

Latitude

38.9176

Longitude

-77.2284

CBSA code

47900

CBSA name

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

Property Tax & Assessments

FAQs

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