Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Richmond Highway Commercial Lot Title is generated by Realmo AI

    6150 Richmond Hwy, Alexandria, VA 22303

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Commercial lot with highway exposure and versatile zoning.

    Type:Land, Mixed Use, Office, Retail
    Property size:
    9,946 SF
    Price / SF:
    $80/SF
    Added:
    May 12, 2026
    Days on Market:
    20
    Last Refresh:
    May 14 at 9:14 pm

    Property Features for 6150 Richmond Hwy

    General Information

    Standard status
    Active
    Size
    9,946 SF
    Property subtype
    Land, Mixed Use, Office, Retail

    Building Details

    Year Built
    2000

    We can help!

    Listing Contact
    Alberto Bouroncle

    Listing agent Alberto Bouroncle License #0225262171

    Listing office Larson Fine Properties

    Listing date May 12, 2026

    Source Crexi

    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 Larson Fine Properties

    HighLights

    • C‑8 Highway Commercial zoning allows for a wide range of commercial applications.
    • Prominent exposure and convenient access in the Richmond Highway corridor.
    • Strong site flexibility for various development options.
    • Excellent long‑term value in an established and evolving commercial corridor.
    • Suitable for owner‑users, investors, or developers.
    • Located in a supply‑constrained market.

    Overview

    This C-8 Highway Commercial lot offers strong site flexibility and excellent long-term value within the Richmond Highway corridor. The 9,946-square-foot property benefits from prominent exposure and convenient access. Its zoning classification supports a wide range of commercial applications, making it suitable for various users. Potential uses may include retail, office, service, commercial, restaurant, and other corridor-oriented concepts, subject to zoning compliance and required approvals. The site's location in an established and evolving commercial corridor enhances its appeal for immediate development and future repositioning. This parcel presents a strong opportunity for an owner-user, investor, or developer seeking a versatile parcel with multiple potential use scenarios in a supply-constrained market.
    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 Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.074112
    Latitude
    38.7842505

    Nearby Similar for Sale

    • $445,000
      3,000 SF

      Versatile Commercial Space in Alexandria

      Combined commercial space in a high-rise residential building.
      4600 DUKE Street, ALEXANDRIA, VA 22304
      View Details
    • $650,000

      ALEXANDRIA Commercial Opportunity For Sale

      Commercial property in Old Town Alexandria with high visibility.
      623 S WASHINGTON Street, ALEXANDRIA, VA 22314
      View Details
    • $250,000

      Move-in Ready Alexandria Office Condo

      Conveniently located office condo ideal for various professional businesses.
      50 S PICKETT Street, ALEXANDRIA, VA 22304
      View Details
    • $339,900

      Mixed-Use Commercial Space For Sale

      Versatile commercial space in a high-demand Alexandria corridor.
      4600 DUKE Street, ALEXANDRIA, VA 22304
      View Details
    • $1,300,000

      Penn Daw Commercial Land Opportunity

      0.76 acre commercial lot in Alexandria, zoned C-2.
      6341 S KINGS Highway S, ALEXANDRIA, VA 22306
      View Details
    • $799,999

      Land in Dowden Terrace Neighborhood

      Charming Cape Cod on a .49 acre corner lot.
      5520 DAWES Avenue, ALEXANDRIA, VA 22311
      View Details
    • $950,000

      Land in Alexandria, Virginia

      Two wooded lots offer building opportunities near Washington, DC.
      6579 BRADDOCK Road, ALEXANDRIA, VA 22312
      View Details
    • $550,000

      Wooded Lot Inside the Beltway

      Rare opportunity to build a private custom estate close to Washington, DC.
      6577 BRADDOCK, ALEXANDRIA, VA 22312
      View Details
    • $249,900
      1,140 SF

      Versatile Mixed-Use Condo in Alexandria

      Mixed-use condo suitable for commercial or residential use.
      4600 DUKE Street, ALEXANDRIA, VA 22304
      View Details
    • $474,000

      Alexandria Land Lot Opportunity

      Gorgeous 0.32 acre land lot in Alexandria, Virginia.
      4611 UPLAND Drive, ALEXANDRIA, VA 22310
      View Details
    • $445,000
      3,000 SF

      Versatile Commercial Space in Alexandria

      Combined commercial space in a high-rise residential building.
      4600 DUKE St 419 / 420, Alexandria, VA 22304
      View Details
    • $699,000

      Historic Loft Apartment in Alexandria

      Modern loft in historic district, close to amenities.
      1210 QUEEN ST #1, ALEXANDRIA, VA 22314
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial lot with highway exposure and versatile zoning.
    Where is this commercial land located?
    The property is located at 6150 Richmond Hwy Alexandria, VA.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: C‑8 Highway Commercial zoning allows for a wide range of commercial applications.; Prominent exposure and convenient access in the Richmond Highway corridor.; Strong site flexibility for various development options.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Alberto Bouroncle
    Real Estate License ID: 0225262171
    Learn More
    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
    6150 Richmond Hwy, Alexandria, VA 22303
    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!