8741 RichmondAlexandria, VA 22309

  • Retail properties
  • 1,625 SF
Off market
$542,290 Estimated

Property Details for 8741 Richmond

Year built
1946
Construction
BRICK
Lot size
0.31 AC
Property size (Sq ft)
1,625 SF
Zone code
C-8(HIGHWAY COMMERCIAL)
Property type
Retail properties
Property subtype
Turn key restaurants
APN
109-2-02-0005-A
APU
1092020005A

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $617,325
    6.5%
    $569,839
    7%
    $529,136
  • Comparable approach

    Method
    Valuation
    Relative Method
    $683,906
    Geo Method
    $683,906
  • Alternative Use

    Use
    Valuation
    Residential
    $480,680
    Hospitality
    $440,300
    Educational
    $366,325
    Medical
    $378,923
    Retail
    $569,839
8741 Richmond, Alexandria, Virginia

Location Insight

City
Alexandria
County
Fairfax
State
Virginia
Latitude
38.7198
Longitude
-77.1258
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
-
$216,000
$326,290
$542,290
-
$216,000
$326,290
$542,290

FAQs

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