210 Little Falls StFalls Church, VA 22046

  • Office properties
  • 4,842 SF
For Sale
$3,800,000 View listing

Property Details for 210 Little Falls St

Year built
1963
Construction
TYPE NOT SPECIFIED
Lot size
0.46 AC
Property size (Sq ft)
4,842 SF
Zone code
OD-MCA CITYHALL
Property type
Office properties
Property subtype
Other office properties
APN
51-107-007
APU
51107007

Description

This exceptional three-story, 7,263-square-foot free-standing office building is located in the heart of downtown Falls Church, Virginia, directly across from City Hall. Built in 1963, this traditional office building features a classic Colonial brick exterior and offers abundant parking for 26 vehicles in a rear lot. The property sits on a 20,146-square-foot lot and is zoned O-D. Recent capital improvements include a new roof (2011), windows (2015), and A/C compressor (2023). The building offers flexible leasing options, with the entire building available, or the owner may consider leasing smaller spaces. A fourth attic level provides valuable storage or utility space. The building is currently tenant-occupied until December 31, 2024. This presents a unique opportunity to lease a well-maintained, sizable office building in a highly desirable location with excellent demographics

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,069,514
    6.5%
    $987,244
    7%
    $916,727
  • Comparable approach

    Method
    Valuation
    Relative Method
    $742,931
    Geo Method
    $808,662
  • Alternative Use

    Use
    Valuation
    Residential
    $1,224,183
    Hospitality
    $1,121,345
    Educational
    $932,946
    Medical
    $965,031
    Retail
    $1,451,249
210 Little Falls St, Falls Church, Virginia

Location Insight

City
Falls Church
County
Falls Church City
State
Virginia
Latitude
38.8852
Longitude
-77.1715
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
$17,697
$1,108,000
$330,800
$1,438,800
-
$1,108,000
$330,800
$1,438,800

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