248 BroadFalls Church, VA 22046
- Retail space
- 7,800 SF
Off market
$2,729,500 Estimated
Property Details for 248 Broad
- Year built
- 1970
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.15 AC
- Property size (Sq ft)
- 7,800 SF
- Zone code
- OD-MCA CITYHALL
- Property type
- Retail space
- APN
- 51-106-003
- APU
- 51106003
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,069,830
- 6.5%
- $1,910,610
- 7%
- $1,774,140
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,244,660
- Geo Method
- $1,354,790
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $3,835,380
- Mixed-Use / Specialty
- $1,859,540
- Hospitality / Lodging
- $1,306,670
- Office
- $1,802,400
- Institutional / Educational
- $1,917,360
- Residential Income
- $2,243,310
- Multifamily
- $2,935,840
- Automotive / Energy
- $1,643,450
- Parking / Income-Based Land
- $610,856
- Restaurant / Food Service
- $872,718
- Healthcare / Senior Housing
- $1,952,310
Location Insight
- City
- Falls Church
- County
- Falls Church City
- State
- Virginia
- Latitude
- 38.8839
- Longitude
- -77.173
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$33,573
$441,600
$2,287,900
$2,729,500
-
$441,600
$2,287,900
$2,729,500
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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