18 1St St, Dahlgren, VA 22448
This exceptional 185-acre commercial land parcel presents a unique redevelopment opportunity in Dahlgren, Virginia. Zoned A-1, the property boasts 5,115 feet of waterfront property along Williams Creek, offering multiple waterfront and water view lots. Navigable water depths range from 2 to 4 feet along the frontage. Access is convenient via Dahlgren Road and Berry Wharf Road (Rt. 615). Town water and sewer are readily available near the property line. The location is highly desirable, situated minutes from the Dahlgren Navy Base and the Harry W. Nice Memorial Bridge, providing easy access to Maryland. This historically significant site overlooks "Quesenberry," the residence where Elizabeth Quesenberry, John Wilkes Booth's first known stop in Virginia after the assassination of President Abraham Lincoln, is located. The asking price for this expansive property is $4,500,000. This presents a rare chance to develop a significant project in a strategic location with rich history and convenient access to major transportation routes and military installations. The property's size and waterfront access make it ideal for a variety of commercial developments.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.