2922 Annandale RdFalls Church, VA 22042

Property Details for 2922 Annandale Rd

Year built

1971

Construction

CONCRETE BLOCKS

Lot size

0.93 AC

Property size (Sq ft)

6,793 SF

Zone code

C-8(HIGHWAY COMMERCIAL)

Property type

Retail properties

Property subtype

Turn key restaurants

APN

050-4-01-0061

APU

504010061

Description

This vacant 6,200 square foot building sits on an almost one-acre lot in Falls Church, Virginia (zip code 22042), boasting a prime location on Annandale Road. The property features approximately 230 feet of frontage and benefits from excellent visibility due to its position between Route 50/Arlington Blvd (69,000 vehicles per day) and Route 29/S Washington Blvd (22,000 vehicles per day). The C-8 zoning allows for a wide range of uses, including restaurant, brewery, banquet hall, catering facility, hotel, child care center, private school, veterinary hospital, or funeral home. Built in 1971, the property offers significant potential for redevelopment or repurposing. The surrounding area demonstrates strong demographics, with a population of approximately 170,000 within a three-mile radius and an average household income of approximately $200,000. Existing pylon signage is in place. This is a rare opportunity to acquire a high-visibility commercial property in a thriving location. The property is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $2,205,672

  6.5%

  $2,036,004

  7%

  $1,890,576

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,626,552

  Geo Method

  $2,858,937

• Alternative Use

  Use

  Valuation

  Residential

  $1,717,446

  Hospitality

  $1,573,171

  Educational

  $1,308,860

  Medical

  $1,353,874

  Retail

  $2,036,004

Location Insight

City

Falls Church

County

Fairfax

State

Virginia

Latitude

38.8719

Longitude

-77.1752

CBSA code

47900

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].