5852 Columbia PikeFalls Church, VA 22041

  • Retail properties
  • 5,270 SF
For Lease

Property Details for 5852 Columbia Pike

Year built
1960
Construction
BRICK
Lot size
0.22 AC
Property size (Sq ft)
5,270 SF
Zone code
C-5(NEIGHBORHOOD RETAIL)
Property type
Retail properties
Property subtype
Drive through restaurants
APN
061-2-17-A-0021
APU
061217A0021

Description

This exceptional 8,446-square-foot single-tenant executive office space is ideally situated at 5852 Columbia Pike in Falls Church, Virginia, within the vibrant Fairfax County. The property offers a unique opportunity for businesses seeking a prominent location with ample space. The entire building is currently vacant, presenting a blank canvas for a discerning tenant to customize the layout and design to perfectly suit their operational needs. The property is classified as both retail and office, providing flexibility in its potential use. Its location in Falls Church, VA, zip code 22041, offers excellent accessibility and visibility along Columbia Pike. The building's total square footage is 8,446 square feet, all of which is available for lease. This presents a rare opportunity to secure a substantial, high-profile space in a desirable location. The property's single-tenant occupancy ensures privacy and control over the entire premises. Prospective tenants will appreciate the convenience and potential for branding opportunities afforded by this prominent location. This is an exceptional opportunity for a company seeking a substantial and well-located office space in the thriving Falls Church market. The property's size and location make it suitable for a variety of businesses seeking a high-profile presence in Fairfax County. Serious inquiries are encouraged to explore this unique leasing opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,002,033
    6.5%
    $1,848,030
    7%
    $1,716,028
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,217,960
    Geo Method
    $2,217,960
  • Alternative Use

    Use
    Valuation
    Residential
    $1,558,883
    Hospitality
    $1,427,928
    Educational
    $1,188,020
    Medical
    $1,228,877
    Retail
    $1,848,030
5852 Columbia Pike, Falls Church, Virginia

Location Insight

City
Falls Church
County
Fairfax
State
Virginia
Latitude
38.8488
Longitude
-77.1342
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
2024
$15,020
$362,860
$790,280
$1,153,140
-
$362,860
$790,280
$1,153,140

FAQs

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