Storefront Retail
For Sale
$1,548,000
110 COLUMBUS STREET, Alexandria, VA 22314
Storefront retail property offered for sale with a total size of 2,716 square feet.
Property Size2,716 SF
Price / SF$569.96
Days on Market104
Property Features for 110 COLUMBUS STREET
General Information
Standard status
Active
Size
2,716 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$11,590
Amenities
Central Air
3
Parking.
On Street.
Other.
Building Details
Year Built
1900
Listing Agency:
Tartan Properties, Inc.
(703) 836-6555
Listed By:
Michael Porterfield · License #0225044112
(703) 836-6555
Source:
Xome
Added: May 19
Changed: Aug 27
Last Checked: Aug 29 at 6:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tartan Properties, Inc.
Investment Insights
Based on property information with market context.
This offering consists of a storefront retail property presented for sale. The property totals 2,716 square feet, providing a compact footprint suitable for a variety of retail uses.
The property is located at 110 S Columbus Street in Alexandria, VA 22314. Specific details on layout, condition, frontage, and tenancy are not provided in the available information.
The property is located at 110 S Columbus Street in Alexandria, VA 22314. Specific details on layout, condition, frontage, and tenancy are not provided in the available information.
Key Highlights
- Storefront retail property for sale with 2,716 sq ft total size
- Central air cooling
- Heating system present (Heating: 3)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$90,855
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,817,100
$1.8M
Cap Rate 7%
$1,297,929
$1.3M
Cap Rate 9%
$1,009,500
$1.0M
Market Conditions
NOI Build-Up for 2,716 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$135.9K $50.04/SF
− Vacancy
−$6.1K −$2.25/SF
EGI
$129.8K $47.79/SF
− OpEx
−$38.9K −$14.34/SF
NOI
$90.9K $33.45/SF
Area
Alexandria, VA
Vacancy
4.50%
Lease Rate
$50.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,817,100
Cap Rate 7%
$1,297,929
Cap Rate 9%
$1,009,500
Alternative Uses
Best Use
Retail
$1.30M
$1.14M – $1.51M
NOI $90,855 @ 7.0% cap · market cap 5.87%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.51M
$1.32M – $1.76M
NOI $105,598 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,128
Businesses Nearby
142k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 33%
Dining 30%
Apparel 20%
Groceries 9%
Chart House
Dining
13,582 visits/mo
0.5 miles
Safeway
Groceries
13,499 visits/mo
0.5 miles
Exxon
Shops & Services
10,782 visits/mo
0.4 miles
Starbucks
Dining
10,203 visits/mo
0.4 miles
lululemon athletica
Apparel
9,474 visits/mo
0.1 miles
Demographics for 22314, VA
35,784
Population
21,154
Households
1.7
Avg Household Size
39
Median Age
79%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,671
Density / Sq Mi
$144,359
Median Household Income
$98,121
Median Earnings
$2,312
Median Rent
$856,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - Storefront retail property offered for sale with a total size of 2,716 square feet.
Where is this storefront property located?
The property is located at 110 COLUMBUS STREET Alexandria, VA.
What is the asking price?
The asking price for this property is $1,548,000.
What are key features of this property?
This property features: Storefront retail property for sale with 2,716 sq ft total size; Central air cooling; Heating system present (Heating: 3)
