5520 LeesburgFalls Church, VA 22041
- Strip malls
- 75,450 SF
Off market
$13,566,750 Estimated
Property Details for 5520 Leesburg
- Year built
- 1957
- Construction
- CONCRETE BLOCKS
- Lot size
- 2.01 AC
- Property size (Sq ft)
- 75,450 SF
- Zone code
- C-8(HIGHWAY COMMERCIAL)
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 062-1-01-0013
- APU
- 621010013
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $22,469,200
- 6.5%
- $20,740,800
- 7%
- $19,259,300
-
Comparable approach
- Method
- Valuation
- Relative Method
- $13,104,900
- Geo Method
- $13,104,900
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $40,623,600
- Mixed-Use / Specialty
- $20,595,300
- Hospitality / Lodging
- $15,017,000
- Office
- $20,398,500
- Institutional / Educational
- $21,385,300
- Residential Income
- $25,020,800
- Multifamily
- $30,405,100
- Automotive / Energy
- $18,330,200
- Parking / Income-Based Land
- $6,396,200
- Restaurant / Food Service
- $10,559,200
- Healthcare / Senior Housing
- $21,193,500
Location Insight
- City
- Falls Church
- County
- Fairfax
- State
- Virginia
- Latitude
- 38.8485
- Longitude
- -77.1235
- 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
$176,707
$3,321,880
$10,244,870
$13,566,750
-
$3,321,880
$10,244,870
$13,566,750
Comparable in this City
Similar Nearby for Lease
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