Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Arlington Land for Sale Title is generated by Realmo AI

    4318 9th St S, Arlington, VA 22204

    View on Map
    Claim this Listing
    For Sale
    $1,695,000

    0.773 acre lot in South Arlington.

    Type:Land or Vacant Lot
    Lot size:
    0.77 Acres
    Added:
    Oct 4, 2024
    Days on Market:
    610
    Last Refresh:
    May 10 at 9:15 pm

    Property Features for 4318 9th St S

    General Information

    Standard status
    Active
    Lot size
    0.77 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    REBECCA M MILLER

    Listing agent REBECCA M MILLER License #0225070930

    Listing office PIEDMONT FINE PROPERTIES

    Listing date Oct 4, 2024

    Source Corcoran

    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 PIEDMONT FINE PROPERTIES

    HighLights

    • Large .773 acre (33,670 sq ft) lot in South Arlington.
    • Opportunity for developers/builders to subdivide.
    • Prime location.
    • Reduced price.
    • Video tour available.
    • Additional information available in documents section.

    Overview

    A 0.773-acre (33,670 square feet) lot is available in South Arlington. The property presents an opportunity for developers and builders, with potential for subdivision. Additional information and a video tour showcasing the location are accessible in the documents section.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Arlington
    State
    Virginia
    Longitude
    -77.1053
    Latitude
    38.8594

    Nearby Similar for Sale

    • $2,090,000
      3,072 SF

      Three-Unit Residential Income Property

      Three 3BR/2BA apartments with on-site parking on a roughly 0.26-acre lot in Arlington.
      3812 13TH Street N, ARLINGTON, VA 22201
      View Details
    • $899,000

      Arlington Duplex with Development Potential

      Duplex in great location with separate utilities and development potential.
      2713 24TH RD. S, ARLINGTON, VA 22206
      View Details
    • $235,000

      Medical Condo in Arlington, VA

      Move-in ready medical condo with exam rooms and pharmacy.
      611 S CARLIN SPRINGS Road, ARLINGTON, VA 22204
      View Details
    • $2,400,000

      Two-Story Building with Separate Entrances

      Two-story Arlington property with independent floor access, sold as-is, for flexible church, daycare, or medical office use.
      4800 31ST ST S, ARLINGTON, VA 22206
      View Details
    • $899,000

      Arlington Duplex on Large Lot

      Duplex on 0.36 acres near Pentagon City.
      2713 24TH RD S, ARLINGTON, VA 22206
      View Details
    • $600,000

      Arlington Land Backing Parkland

      Land with development potential in Arlington Forest neighborhood.
      47 S EDISON Street, ARLINGTON, VA 22204
      View Details
    • $1,381,800

      Arlington Land with Parkland Views

      Land for custom home near Potomac River and parkland.
      4106 N RICHMOND Street, ARLINGTON, VA 22207
      View Details
    • $230,000

      Turnkey Restaurant Asset Sale

      Fully equipped Mexican restaurant in high-traffic location, ready for operation.
      WALTER REED, ARLINGTON, VA 22204
      View Details
    • $624,900

      Arlington Land: Build Your Dream Home

      Rare opportunity to build a custom home in Arlington, VA.
      5023 S CHESTERFIELD Road, ARLINGTON, VA 22206
      View Details
    • $975,000

      Arlington Land: Prime Location

      Two lots in Penrose neighborhood, close to amenities.
      2810 5TH Street S, ARLINGTON, VA 22204
      View Details
    • $779,000

      Commercial Building Near Columbia Pike

      Commercial building for sale with C-2 zoning near Columbia Pike.
      919 S MONROE St, Arlington, VA 22204
      View Details
    • $849,000

      Arlington Land: Prime Redevelopment Opportunity

      Four lots totaling 9200 SF in sought-after Arlington location.
      1942 S LOWELL ST, ARLINGTON, VA 22204
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.773 acre lot in South Arlington.
    Where is this commercial land located?
    The property is located at 4318 9th St S Arlington, VA.
    What is the asking price?
    The asking price for this property is $1,695,000.
    What are key features of this property?
    This property features: Large .773 acre (33,670 sq ft) lot in South Arlington.; Opportunity for developers/builders to subdivide.; Prime location.
    (540) 347-5277
    We can help!
    Listing Contact
    REBECCA M MILLER
    Real Estate License ID: 0225070930
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4318 9th St S, ARLINGTON, VA 22204
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!