1608 Spring Hill RdVienna, VA 22182

Property Details for 1608 Spring Hill Rd

Year built

1985

Construction

STEEL FRAME

Lot size

1.80 AC

Property size (Sq ft)

64,819 SF

Zone code

I-4(INDUST MEDIUM INTENSI

Property type

Office properties

Property subtype

Office buildings

APN

029-3-01-0002-P

APU

0293010002P

Description

This exceptional office property at 1608 Spring Hill Road in Vienna, Virginia, offers a variety of flexible workspace solutions. The building provides convenient access to the Spring Hill Metro station, ensuring effortless commutes for employees and clients. Ample free parking is available on-site, eliminating the hassle and expense associated with parking in a bustling metropolitan area. The available office space ranges from smaller, efficient suites starting at 995 square feet, ideal for smaller businesses or satellite offices, to larger, contiguous spaces. For companies requiring more substantial space, two full floors, each encompassing 15,160 square feet, are available, providing ample room for expansion and growth. The property sits on a generous 1.8-acre lot, offering potential for future development or expansion depending on the needs of the tenant. This prime location in Vienna, Virginia, combines the convenience of public transportation with the ease of ample parking, making it an attractive option for businesses seeking a productive and accessible work environment. The property is ready for immediate occupancy, offering a unique opportunity to establish a thriving business in a highly desirable location. The specific layout and configuration of the available spaces can be tailored to meet the unique requirements of prospective tenants. Inquire today to learn more about the available options and secure your ideal office space.

• CAP approach

  CAP return

  Valuation

  6%

  $18,618,926

  6.5%

  $17,186,700

  7%

  $15,959,079

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,280,373

  Geo Method

  $6,234,940

• Alternative Use

  Use

  Valuation

  Residential

  $21,311,508

  Hospitality

  $19,521,226

  Educational

  $16,241,432

  Medical

  $16,800,000

  Retail

  $25,264,450

Location Insight

City

Vienna

County

Fairfax

State

Virginia

Latitude

38.9265

Longitude

-77.2465

CBSA code

47900

CBSA name

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

Property Tax & Assessments

FAQs

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