2600 Crystal DrArlington, VA 22202

Property Details for 2600 Crystal Dr

Lot size

2.12 AC

Property size (Sq ft)

2,629 SF

Zone code

C-O

Property type

High-rise multifamily apartments

APN

34-027-033

APU

34027033

Description

The Concord in Crystal City offers exceptional retail opportunities within a thriving Arlington County community. Two prime spaces are available, ranging from 2,884 to 3,845 square feet, ideal for businesses seeking high visibility and strong foot traffic. Located adjacent to Reagan National Airport and in close proximity to downtown D.C. and Amazon HQ2, this location benefits from an exceptionally strong demographic profile. Within a one-mile radius, the population exceeds 31,000 residents, boasting an average household income of $162,743. The daytime population swells to 48,422, ensuring a consistent flow of potential customers. This vibrant area is further enhanced by its proximity to Metro stations (Yellow/Blue Line), providing convenient public transportation access, and ample parking is available for customers and employees. The Concord itself is part of a larger luxury apartment community with 413 residential units, providing a built-in customer base. The surrounding area offers a mix of restaurants, upscale dining options, eclectic shops, and public art, creating a lively and attractive environment for businesses. A total of 6,729 square feet of vacant retail space is currently available for lease. This presents a unique chance to establish a presence in a high-demand, affluent area with excellent accessibility and a strong residential community.

• CAP approach

  CAP return

  Valuation

  6%

  $842,472

  6.5%

  $777,667

  7%

  $722,119

• Comparable approach

  Method

  Valuation

  Relative Method

  $680,557

  Geo Method

  $680,557

• Alternative Use

  Use

  Valuation

  Residential

  $777,667

  Hospitality

  $712,338

  Educational

  $592,657

  Medical

  $613,040

  Retail

  $921,911

Location Insight

City

Arlington

County

Arlington

State

Virginia

Latitude

38.8496

Longitude

-77.0512

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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