2701 Park CtrAlexandria, VA 22302

  • Residential income properties
  • 460,082 SF
Off market

Property Details for 2701 Park Ctr

Year built
1974
Lot size
10.53 AC
Property size (Sq ft)
460,082 SF
Zone code
CRMU-H - COMM/RESD MIXED
Property type
Residential income properties
Property subtype
High-rise multifamily apartments
APN
50455650
APU
50455650

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $147,434,864
    6.5%
    $136,093,712
    7%
    $126,372,736
  • Comparable approach

    Method
    Valuation
    Relative Method
    $119,099,360
    Geo Method
    $119,099,360
  • Alternative Use

    Use
    Valuation
    Residential
    $136,093,712
    Hospitality
    $124,661,112
    Educational
    $103,716,584
    Medical
    $107,283,560
    Retail
    $161,336,912
2701 Park Ctr, Alexandria, Virginia

Location Insight

City
Alexandria
County
Alexandria City
State
Virginia
Latitude
38.8337
Longitude
-77.1053
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
$1,714,872
$40,180,000
$114,313,000
$154,493,000
-
$40,180,000
$114,313,000
$154,493,000

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