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    228 And Alexandria, VA 22314

    For Sale
    $305,000

    Affordable Office Condo, Ideal for Startups

    Property size:
    1,035 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 1,035 square foot office condo, located at 228 S Washington Street Unit B-10 in Alexandria, Virginia, presents a unique investment opportunity. Priced at $305,000, this property sits on a 0.22-acre lot and offers a versatile space perfect for a variety of uses. Currently configured as a basement-level unit, it's ideally suited for small businesses, startups, or professional practices such as general or medical offices, law firms, or consulting businesses. The property's prime location in the heart of Alexandria ensures high visibility and easy access to a thriving community. Its proximity to I-495 provides convenient access for commuters from both Maryland and Washington, D.C., enhancing its appeal to a wide range of potential tenants or owner-occupants. The unit's size and layout offer ample space for a variety of configurations, allowing for customization to meet specific business needs. This represents a rare chance to acquire a well-located, affordable commercial property in a highly desirable area of Northern Virginia. The property's versatility and convenient location make it an attractive investment for those seeking a strong return on investment in a growing market. Serious inquiries are encouraged to explore this exceptional opportunity further. Don't miss out on this chance to own a piece of Alexandria's vibrant commercial landscape.

    Property Features for 228 And

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,035 SF
    Lot Size
    9,583 SF

    Building Details

    Year Built
    1984
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Alexandria
    County
    Alexandria City
    State
    Virginia
    Longitude
    -77.04711
    Latitude
    38.80294

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    FAQs

    What type of property is this?
    Office Property / Space - Affordable Office Condo, Ideal for Startups
    Where is this office property / space located?
    The property is located at 228 And Alexandria, VA.
    What is the asking price?
    The asking price for this property is $305,000.
    (703) 836-6555
    Request Owner's contact information
    228 And Alexandria, VA 22314
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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
    228 And Alexandria, VA 22314
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