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    6716 Whittier Ave Mclean, VA 22101

    Sponsored
    For Sale
    $1,299,000

    Prime Corner Location, High NOI

    Property size:
    2,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional mixed-use property at 6716 Whittier Avenue in McLean, Virginia presents a compelling investment opportunity. Boasting a total area of 2,200 square feet, this building benefits from a highly desirable corner location, ensuring maximum visibility and accessibility. The strategic positioning allows for strong tenant attraction and retention, a key factor in maximizing return on investment. The property features dual access points, enhancing convenience for both occupants and customers. Financially, this property demonstrates significant potential. Annual rental income is projected at $120,000, offset by annual expenses totaling $12,360. This includes a yearly HOA fee of $1,560 and property taxes of $10,800. This results in a substantial net operating income (NOI) of $107,640 per year. The building's prime location and strong financial performance make it an attractive prospect for investors seeking a stable and profitable addition to their portfolio. This is a rare opportunity to acquire a well-situated mixed-use property in the thriving McLean market. The combination of high visibility, dual access, and strong financial projections makes this an exceptional investment opportunity.

    Property Features for 6716 Whittier Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,200 SF

    Building Details

    Year Built
    1981
    Property Profile Location Intelligence

    Current Use by Public Records

    McLean Threading & Waxing ... Beauty Salon Suissa Hair Salon Hair Salon Hair For All Seasons Beauty Salon

    Suggested Use

    Law Firm Restaurant Spa & Massage Realty agency Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mclean
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.17571
    Latitude
    38.93188

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Corner Location, High NOI
    Where is this mixed-use property located?
    The property is located at 6716 Whittier Ave Mclean, VA.
    What is the asking price?
    The asking price for this property is $1,299,000.
    (202) 506-3674
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    6716 Whittier Ave Mclean, VA 22101
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    Mclean, VA 22101
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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
    6716 Whittier Ave Mclean, VA 22101
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