Residential Income Property with
6800 FLEETWOOD ROAD Unit 1223, Mc Lean, VA 22101
For Sale
$649,999
A three-bedroom residence offers private outdoor space, in-unit laundry, assigned garage parking, and private storage.
Property Size1,407 SF
Price / SF$461.98
Days on Market12
Property Features for 6800 FLEETWOOD ROAD Unit 1223
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Public Transit
Utilities to Site
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
outdoor pool
sun deck with grills
tennis courts
pickleball courts
basketball courts
fitness center with sauna
staffed front desk
secure fob entry
on-site management
oversized private balcony
in-unit laundry
private storage
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Toni A Ghazi · License VA SP98374267
(571) 216-1075
Source:
Kerishull
Added: Nov 4
Changed: Nov 13
Last Checked: Nov 14 at 12:18PM
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 Compass
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Investment Insights
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Located on the 12th floor of McLean House, this 1,407-square-foot corner residence has three bedrooms and two bathrooms. The living and dining areas feature hardwood flooring, built-ins, and sliding doors to a private balcony. The kitchen is equipped with granite counters, stainless steel appliances, a double-oven range, and wood cabinetry. The primary bathroom includes a double vanity and glass-enclosed shower; one secondary bedroom has built-in shelving. Laundry is located in the unit, with assigned underground garage parking and a separate private storage area.
McLean House occupies four landscaped acres and provides a staffed front desk, fob-controlled entry, and on-site management. Shared amenities include an outdoor pool, sun deck with grills, tennis, pickleball and basketball courts, and a fitness center with sauna. The condo fee covers water, gas, and electric utilities.
The property is in downtown McLean, near dining, cafes, grocery stores, and the library. Access routes include Rt. 123, Old Dominion Dr, GW Parkway, and I-495; Tysons and the McLean Silver Line Metro are also identified nearby.
McLean House occupies four landscaped acres and provides a staffed front desk, fob-controlled entry, and on-site management. Shared amenities include an outdoor pool, sun deck with grills, tennis, pickleball and basketball courts, and a fitness center with sauna. The condo fee covers water, gas, and electric utilities.
The property is in downtown McLean, near dining, cafes, grocery stores, and the library. Access routes include Rt. 123, Old Dominion Dr, GW Parkway, and I-495; Tysons and the McLean Silver Line Metro are also identified nearby.
Key Highlights
- 12th‑floor corner residence with 1,407 square feet
- Three bedrooms and two bathrooms
- Private balcony, in‑unit laundry, assigned underground parking, and private storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,061
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,220
$421.2K
Cap Rate 7%
$300,871
$300.9K
Cap Rate 9%
$234,011
$234.0K
Market Conditions
NOI Build-Up for 1,407 SF
Gross rent
$40.5K $28.80/SF
− Vacancy
−$2.2K −$1.58/SF
EGI
$38.3K $27.22/SF
− OpEx
−$17.2K −$12.25/SF
NOI
$21.1K $14.97/SF
Area
Fairfax County, VA
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,220
Cap Rate 7%
$300,871
Cap Rate 9%
$234,011
Alternative Uses
Best Use
Apartment 5plus
$300.9K
$263.3K – $351.0K
NOI $21,061 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$781.5K
$683.8K – $911.7K
NOI $54,704 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,172
Businesses Nearby
Explore this area
Business Placement
Demographics for 22101, VA
31,414
Population
11,316
Households
2.8
Avg Household Size
45
Median Age
86%
College-Educated
97%
High-School Grad
13.1 sq mi
ZIP Area
2,398
Density / Sq Mi
$250,001
Median Household Income
$126,648
Median Earnings
$3,407
Median Rent
$1,282,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A three-bedroom residence offers private outdoor space, in-unit laundry, assigned garage parking, and private storage.
Where is this residential income property located?
The property is located at 6800 FLEETWOOD ROAD Unit 1223 Mc Lean, VA.
What is the asking price?
The asking price for this property is $649,999.
What are key features of this property?
This property features: 12th‑floor corner residence with 1,407 square feet; Three bedrooms and two bathrooms; Private balcony, in‑unit laundry, assigned underground parking, and private storage
