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    1233 23Rd St S Arlington, VA 22202

    New
    For Sale
    $1,395,000

    LAND - ARLINGTON, VA

    Lot size:
    0.37 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 1233 23Rd St S

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.37 Acres

    Arlington Realty, Inc (703) 836-6000 [email protected]

    Listing agent Virginia S Smith (703) 836-1116 License #0225002867

    Listing date Dec 2, 2025

    MLS# VAAR2065606 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Arlington Land with Redevelopment Potential

    This property features a 16,025 sq. ft. lot situated in the Arlington Ridge neighborhood, offering investment and redevelopment potential. The lot's size may allow for the construction of an estate property or the development of townhomes or a multi-family building, taking advantage of Arlington's Expanded Housing Option. Also included is a free-standing office building located at the corner of Arlington Ridge Rd. & 23rd St. S. The office provides rental income or could serve as a work-from-home suite. Both the main residence and the office are currently tenant-occupied, providing immediate income potential. The main residence is leased through June 30, 2026, and the office is leased through April 30, 2026. Zoned R-10. The property is conveniently located near the Pentagon, Amazon HQ2, National Landing, Westpost, Reagan National Airport, Army Navy Country Club, Oakridge Elementary, and various shops and restaurants. The property is being sold in As-Is condition. The lot size is approximately 0.37 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Arlington
    State
    Virginia
    Longitude
    -77.06793
    Latitude
    38.85343

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    FAQs

    What type of property is this?
    Residential land & home lot - 16,025 sq ft lot with investment and redevelopment potential.
    Where is this residential land & home lot located?
    The property is located at 1233 23Rd St S Arlington, VA.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: - Large 16,025 sq. ft. lot in the prestigious Top of Arlington Ridge neighborhood; - Strong investment and redevelopment potential with options for estate property, townhomes, or multi-family building; - Includes a free-standing office at 2219 Arlington Ridge Rd. S. with rental income potential or work-from-home suite
    (703) 836-1116
    Request Owner's contact information
    1233 23Rd St S Arlington, VA 22202
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    Arlington, VA 22202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1233 23Rd St S Arlington, VA 22202
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