400 Washington StFalls Church, VA 22046

Property Details for 400 Washington St

Year built

1972

Construction

TYPE NOT SPECIFIED

Lot size

0.65 AC

Property size (Sq ft)

15,585 SF

Zone code

T-1 TRANSITIONAL

Property type

Office properties

APN

53-102-008

APU

53102008

Description

This exceptional three-story office building, located at 400 N Washington St, Falls Church, VA 22046 (corner of East Columbia St.), offers 2,702 square feet of fully vacant, Class C space. The building is currently available for lease as a whole or in divisible units ranging from a minimum of 165 square feet to a maximum contiguous space of 464 square feet. Twelve individual spaces are available, with sizes varying from 137 to 1,313 square feet, catering to diverse business needs. The building boasts a high-visibility location, making it ideal for businesses seeking strong street presence. This full-service building includes all utilities, common area Wi-Fi, and janitorial services, minimizing operational overhead for tenants. A building directory is conveniently located on the main and second floors. Third-floor suites offer enhanced security with controlled access beyond a shared waiting area and a shared kitchenette. Prospective tenants should be prepared to submit an application, first month's rent, security deposit, and a signed personal guaranty to secure their space.

• CAP approach

  CAP return

  Valuation

  6%

  $3,442,458

  6.5%

  $3,177,654

  7%

  $2,950,679

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,391,281

  Geo Method

  $2,602,851

• Alternative Use

  Use

  Valuation

  Residential Income

  $3,940,291

  Hospitality / Lodging

  $3,609,285

  Institutional / Educational

  $3,002,883

  Healthcare / Senior Housing

  $3,106,157

  Retail / Commercial

  $4,671,152

Location Insight

City

Falls Church

County

Falls Church City

State

Virginia

Latitude

38.8848

Longitude

-77.166

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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