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    6150 Richmond Hwy Alexandria, VA 22303

    Sponsored
    For Sale
    $990,125

    0.23-acre lot, mixed-use potential

    Property size:
    9,946 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.23-acre commercial property, located at 6150 Richmond Hwy, Alexandria, VA 22303 (APN: 0833 09040018D), offers a unique investment opportunity. Priced at $990,125, this fee simple land boasts 9,946 square feet of space and is zoned C-8 Highway commercial, allowing for a wide variety of uses. The property features a fully fenced, level lot with an automatic entrance gate, providing excellent security. Currently utilized as a parking area for trucks, the property includes two sheds that will remain with the sale. The high daily traffic count on Richmond Highway, coupled with easy access to I-95, ensures significant visibility and convenient transportation. The C-8 zoning allows for multiple uses by right and may permit a second egress way, enhancing functionality and potential development options. This prime location in a rapidly developing area of Fairfax County presents a compelling opportunity for owner-users seeking a versatile and strategically located commercial property. The property is for sale by owner.

    Property Features for 6150 Richmond Hwy

    General Information

    Property type
    Mixed-use properties
    Square Feet
    9,946 SF
    Class
    C
    Lot Size
    10,019 SF

    HighLights

    • C‑8 Highway commercial zoning, allowing diverse uses.
    • Fully fenced, level lot with automatic gate.
    • High daily traffic counts on a rapidly developing Richmond Highway with easy I‑95 access.
    • Owner‑used as truck parking; two sheds included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.074096
    Latitude
    38.784169

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    FAQs

    What type of property is this?
    Mixed-use property - 0.23-acre lot, mixed-use potential
    Where is this mixed-use property located?
    The property is located at 6150 Richmond Hwy Alexandria, VA.
    What is the asking price?
    The asking price for this property is $990,125.
    What are key features of this property?
    This property features: C-8 Highway commercial zoning, allowing diverse uses.; Fully fenced, level lot with automatic gate.; High daily traffic counts on a rapidly developing Richmond Highway with easy I-95 access.
    Request Owner's contact information
    6150 Richmond Hwy Alexandria, VA 22303
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    Alexandria, VA 22303
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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
    6150 Richmond Hwy Alexandria, VA 22303
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