248 BroadFalls Church, VA 22046

  • Retail properties
  • 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 properties
Property subtype
Retail space
APN
51-106-003
APU
51106003

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,532,642
    6.5%
    $2,337,824
    7%
    $2,170,836
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,015,914
    Geo Method
    $3,282,748
  • Alternative Use

    Use
    Valuation
    Residential
    $1,972,042
    Hospitality
    $1,806,380
    Educational
    $1,502,887
    Medical
    $1,554,573
    Retail
    $2,337,824
248 Broad, Falls Church, Virginia

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

FAQs

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