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    821 Broad St Falls Church, VA 22046

    Sponsored
    For Sale
    Contact for pricing

    Prime Corner Lot, Owner-User Potential

    Property size:
    1,926 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.35-acre corner lot in Falls Church, Virginia, presents a unique owner-user redevelopment opportunity. Located at 821 W Broad St, this property boasts a highly visible position at a traffic light, just one block from the vibrant Founders Row. The existing 1,926 square foot freestanding building sits on this strategically located parcel, zoned B-1, offering flexibility for a variety of commercial uses. Redevelopment plans envision a significantly larger 15,500 square foot building, capitalizing on the property's prime location and high traffic count. The site's proximity to Founders Row ensures strong visibility and accessibility, making it an ideal location for a restaurant or other retail establishment. The City of Falls Church's updated parking regulations allow for creative and adaptable commercial development plans. This property represents a rare chance to acquire a substantial corner lot in a thriving area, perfect for those seeking a high-impact commercial investment or an owner-user project. The existing building provides immediate income potential while redevelopment plans offer significant long-term growth opportunities. This is a truly exceptional opportunity to establish a thriving business in a highly desirable location. A video showcasing the property is available online.

    Property Features for 821 Broad St

    General Information

    Property type
    Restaurants
    Square Feet
    1,926 SF
    Lot Size
    15,246 SF

    HighLights

    • Owner‑user redevelopment opportunity.
    • One block from Founders Row in Falls Church, VA.
    • 0.35‑acre corner lot at a traffic signal.
    • Suitable for retail or restaurant use, complying with city parking regulations.
    • 1,926 square foot freestanding building on site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Kim-Dung T. ... Acupuncturist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Falls Church
    County
    Falls Church
    State
    Virginia
    Longitude
    -77.1819686
    Latitude
    38.8889434

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    FAQs

    What type of property is this?
    Restaurant - Prime Corner Lot, Owner-User Potential
    Where is this restaurant located?
    The property is located at 821 Broad St Falls Church, VA.
    What are key features of this property?
    This property features: Owner-user redevelopment opportunity.; One block from Founders Row in Falls Church, VA.; 0.35-acre corner lot at a traffic signal.
    Request Owner's contact information
    821 Broad St Falls Church, VA 22046
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    Falls Church, VA 22046
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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
    821 Broad St Falls Church, VA 22046
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