3435 Washington Blvd Arlington, VA 22201
For Sale
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.
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Pham's Car Care Center Auto Repair Shop
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Old Ball Family Burial Ground Historical Marker Tour Operator
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Arlington, VAArlington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.