2700 Richmond HwyAlexandria, VA 22301

Property Details for 2700 Richmond Hwy

Year built

2015

Lot size

0.58 AC

Property size (Sq ft)

10,525 SF

Zone code

I - INDUSTRIAL ZONE

Property type

Specialty properties

Property subtype

Other shopping centers

APN

60030700

APU

60030700

Description

This exceptional 1,320-square-foot retail space is ideally situated at 2700 Richmond Highway in Alexandria, Virginia, within the vibrant Potomac Yard submarket of Alexandria County. The entire space is currently vacant and available for lease, presenting a unique opportunity for a business seeking high-traffic exposure. Located in Alexandria, VA, zip code 22301, this property offers unparalleled visibility and accessibility. The commercial space is categorized as a multi-tenant building, providing a dynamic and collaborative environment. The property's prime location within the bustling Potomac Yard area ensures high foot traffic and significant visibility for any business. This is an excellent opportunity for a retailer looking to establish a strong presence in a thriving community. The building's total square footage is 1,320 square feet, all of which is currently available for lease. The property is conveniently located in Alexandria County, Virginia, offering easy access to major transportation routes and a diverse customer base. This retail space is perfect for a variety of businesses seeking a high-profile location with excellent visibility and accessibility. The address is 2700 Richmond Hwy, Alexandria, VA 22301. Serious inquiries are encouraged to explore this exceptional leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $3,998,368

  6.5%

  $3,690,801

  7%

  $3,427,172

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,429,606

  Geo Method

  $4,429,606

• Alternative Use

  Use

  Valuation

  Residential

  $3,113,328

  Hospitality

  $2,851,792

  Educational

  $2,372,658

  Medical

  $2,454,257

  Retail

  $3,690,801

Location Insight

City

Alexandria

County

Alexandria City

State

Virginia

Latitude

38.8306

Longitude

-77.0514

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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