5866 LeesburgFalls Church, VA 22041

  • Community centers
  • 18,621 SF
Off market
$5,937,030 Estimated

Property Details for 5866 Leesburg

Year built
1964
Construction
BRICK
Lot size
0.97 AC
Property size (Sq ft)
18,621 SF
Zone code
C-8(HIGHWAY COMMERCIAL)
Property type
Community centers
APN
061-2-01-0041-B
APU
0612010041B

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,545,380
    6.5%
    $5,118,810
    7%
    $4,753,180
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,234,290
    Geo Method
    $3,234,290
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $10,025,900
    Mixed-Use / Specialty
    $5,082,910
    Hospitality / Lodging
    $3,706,190
    Office
    $5,034,330
    Institutional / Educational
    $5,277,870
    Residential Income
    $6,175,110
    Multifamily
    $7,503,950
    Automotive / Energy
    $4,523,890
    Parking / Income-Based Land
    $1,578,580
    Restaurant / Food Service
    $2,605,990
    Healthcare / Senior Housing
    $5,230,530

Location Insight

City
Falls Church
County
Fairfax
State
Virginia
Latitude
38.8528
Longitude
-77.1324
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
$77,330
$1,601,430
$4,335,600
$5,937,030
-
$1,601,430
$4,335,600
$5,937,030

FAQs

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