1504 Spg HlMclean, VA 22102

  • Warehouses
  • 159,280 SF
Off market
$28,881,480 Estimated

Property Details for 1504 Spg Hl

Year built
1986
Construction
CONCRETE BLOCKS
Lot size
3.54 AC
Property size (Sq ft)
159,280 SF
Zone code
I-5(INDUSTRIAL GENERAL)
Property type
Warehouses
Property subtype
Self storage facilities
APN
029-3-07-0002
APU
293070002

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $77,679,800
    6.5%
    $71,704,400
    7%
    $66,582,700
  • Comparable approach

    Method
    Valuation
    Relative Method
    $31,049,000
    Geo Method
    $24,513,800
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $37,683,300
    Mixed-Use / Specialty
    $38,268,900
    Hospitality / Lodging
    $29,014,000
    Office
    $38,791,400
    Institutional / Educational
    $40,041,500
    Residential Income
    $46,848,600
    Multifamily
    $52,196,400
    Automotive / Energy
    $34,321,300
    Parking / Income-Based Land
    $11,132,600
    Restaurant / Food Service
    $21,440,500
    Healthcare / Senior Housing
    $38,505,700

Location Insight

City
Mclean
County
Fairfax
State
Virginia
Latitude
38.9303
Longitude
-77.2356
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
$411,128
$6,168,480
$22,713,000
$28,881,480
-
$6,168,480
$22,713,000
$28,881,480

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