222 WashingtonFalls Church, VA 22046

  • Commercial real estate
  • 2,632 SF
Off market
$700,100 Estimated

Property Details for 222 Washington

Year built
1879
Construction
TYPE NOT SPECIFIED
Lot size
0.17 AC
Property size (Sq ft)
2,632 SF
Zone code
B-2 CENTRAL.BUSINESS
Property type
Commercial real estate
APN
53-104-024
APU
53104024

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $658,879
    6.5%
    $608,196
    7%
    $564,753
  • Comparable approach

    Method
    Valuation
    Relative Method
    $403,840
    Geo Method
    $439,570
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,294,200
    Retail / Commercial
    $644,708
    Mixed-Use / Specialty
    $627,477
    Hospitality / Lodging
    $440,918
    Office
    $608,196
    Institutional / Educational
    $646,986
    Residential Income
    $756,974
    Multifamily
    $990,657
    Automotive / Energy
    $554,559
    Parking / Income-Based Land
    $206,125
    Restaurant / Food Service
    $294,487
    Healthcare / Senior Housing
    $658,779

Location Insight

City
Falls Church
County
Falls Church City
State
Virginia
Latitude
38.8831
Longitude
-77.1694
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
$8,611
$543,700
$156,400
$700,100
-
$543,700
$156,400
$700,100

FAQs

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