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    3435 Washington Blvd Arlington, VA 22201

    For Sale
    $6,500,000

    7,330 SF Commercial Building, Redevelopment Potential

    Property size:
    7,330 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 7,330 square foot commercial property located at 3435 Washington Boulevard in Arlington, Virginia, presents a unique investment opportunity. Situated on a 0.3-acre lot, the building is currently vacant and free of any lease agreements, offering immediate flexibility for the new owner. The property's existing use is general commercial, previously suited for automotive purposes, but its adaptable nature allows for a variety of retail uses or complete redevelopment. A significant advantage is the availability of the adjacent parcel at 3427 Washington Boulevard, encompassing 9,433 square feet. Acquiring both properties would create a substantial combined lot size of 22,654 square feet, significantly enhancing redevelopment possibilities. This combined acreage presents substantial potential for larger-scale projects. The sellers demonstrate a commitment to facilitating a smooth transaction by offering to postpone the settlement date until after a contract purchaser secures the necessary redevelopment entitlements. This flexibility minimizes risk and allows ample time for planning and approvals. The property's prime Arlington location offers excellent visibility and accessibility, making it an attractive investment for both established businesses and developers seeking a strategic foothold in a thriving market. The asking price for this significant commercial property is $6,500,000.

    Property Features for 3435 Washington Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,330 SF
    Lot Size
    13,068 SF

    Building Details

    Year Built
    1961
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pham's Car Care ... Auto Repair Shop Old Ball Family ... Historical Landmark

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -77.10195
    Latitude
    38.88636

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    FAQs

    What type of property is this?
    Commercial real estate - 7,330 SF Commercial Building, Redevelopment Potential
    Where is this commercial real estate located?
    The property is located at 3435 Washington Blvd Arlington, VA.
    What is the asking price?
    The asking price for this property is $6,500,000.
    (571) 526-1000
    Request Owner's contact information
    3435 Washington Blvd Arlington, VA 22201
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    Arlington, VA 22201
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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
    3435 Washington Blvd Arlington, VA 22201
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