6862 Elm StMcLean, VA 22101

  • Office buildings
  • 256,474 SF
For Lease
$42.50/SF/YR View listing

Property Details for 6862 Elm St

Lot size
0.41 AC
Property size (Sq ft)
256,474 SF
Zone code
PLANNED RES MIXED USE
Property type
Office buildings
APN
030-2-01-0061-B
APU
0302010061B

Description

This Class A office building, located at 6862 Elm Street in McLean, Virginia (zip code 22101), offers 19,770 square feet of executive office space. Currently, there are multiple tenancies available, with six individual suites ranging in size from 1,234 square feet to 7,630 square feet. A total of 2,676 square feet is currently vacant and ready for immediate occupancy. The building is situated in Fairfax County and boasts a highly desirable location in McLean, VA. This property presents a unique opportunity for businesses seeking prestigious, well-maintained office space in a prime location. The building's Class A designation reflects its high-quality construction, modern amenities, and excellent condition. The available suites provide flexibility for businesses of various sizes, offering a range of options to accommodate specific needs. The address is easily accessible, providing convenient access to major transportation routes and local amenities. Interested parties are encouraged to inquire about lease terms and availability for these exceptional executive office spaces. The property is ideal for businesses seeking a professional and efficient workspace in a thriving community. This is a rare opportunity to secure premium office space in a highly sought-after location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $59,706,592
    6.5%
    $55,113,780
    7%
    $51,177,080
  • Comparable approach

    Method
    Valuation
    Relative Method
    $31,247,074
    Geo Method
    $24,670,234
  • Alternative Use

    Use
    Valuation
    Residential
    $68,341,088
    Hospitality
    $62,600,068
    Educational
    $52,082,520
    Medical
    $53,873,720
    Retail
    $81,017,256

Location Insight

City
Mclean
County
Fairfax
State
Virginia
Latitude
38.9374
Longitude
-77.1813
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
$11,072
$937,090
-
$937,090
-
$937,090
-
$937,090

FAQs

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