Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Fls Church Dr Falls Church, VA 22043

    • Retail properties
    • 85,000 SF
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Fls Church Dr

    Property size
    85,000 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Description

    This exceptional retail opportunity in the vibrant Falls Church, VA community offers 22,283 square feet of vacant space within the 85,000 square foot Modera Falls Church development. Located at Falls Church Dr, Idylwood, VA 22043, this mixed-use property presents multiple tenancy options, ideal for restaurants. Individual spaces range from a minimum of 1,446 square feet to a maximum contiguous space of 2,919 square feet, providing flexibility for various business needs. The property boasts ample parking with 103 spaces available for patrons and employees. Situated in Fairfax County, this location benefits from the strong demographics and high foot traffic of a thriving urban environment, while maintaining the charm of a close-knit community. This is a unique chance to establish a presence in a dynamic and rapidly growing area, becoming part of a successful mixed-use development designed to foster community engagement. The property's prime location and modern design create an attractive environment for businesses seeking to flourish in a vibrant and welcoming atmosphere. This is an exceptional opportunity to secure a prominent retail space in a highly sought-after location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Falls Church
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.1904
    Latitude
    38.8987

    Comparable in this City

    • Value Estimation by Request
      1,134 SF

      7115 Leesburg Pike

      Lifestyle centers • 1,134 SF
      7115 Leesburg Pike, Falls Church, VA 22043
      View Details
    • Value Estimation by Request
      3,273 SF

      7101 Leesburg Pike

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,273 SF
      7101 Leesburg Pike, Falls Church, VA 22043-2310
      View Details
    • Value Estimation by Request
      900 SF

      Falls

      DRIVE-THRU RESTAURANT, FAST FOOD • 900 SF
      Falls, Church, VA 22043
      View Details
    • Value Estimation by Request
      0.78 Acres

      7113 Shreve Rd

      PARKING LOT • 0.78 Acres
      7113 Shreve Rd, Falls Church, VA 22043
      View Details
    • Value Estimation
      $585,000
      1,128 SF

      7519 Leesburg Pike

      SERVICE STATION (FULL SERVICE) • 1,128 SF
      7519 Leesburg Pike, Falls Church, VA 22043-2105
      View Details
    • Value Estimation
      $22,280,000
      73,382 SF

      7501 Leesburg Pike

      MINI-MALL • 73,382 SF
      7501 Leesburg Pike, Falls Church, VA 22043-2103
      View Details

    Similar Nearby for Sale

    • $1,225,000
      3,500 SF

      Merrifield Medical Office Condo

      High-demand medical office, fully built-out.
      2841 Hartland Rd, Falls Church, VA 22043
      View Details
    • $899,000

      Leesburg Pike Investment Opportunity

      Fully-leased two-story office unit near Tysons Corner and Falls Church.
      7633 Leesburg Pike, Falls Church, VA 22043
      View Details
    • $1,150,000

      Land with Existing Residential Structure

      Land for sale with existing structure in as-is condition.
      2244 Providence St, Falls Church, VA 22043
      View Details
    • $450,000

      Falls Church Office Suite

      Well-maintained office suite in a professionally managed building.
      7115 Leesburg Pike, Falls Church, VA 22043
      View Details
    • $2,299,000

      Falls Church Specialty Property

      Specialty property available for sale in Falls Church, Virginia.
      1930 Fisher Ct, Falls Church, VA 22043
      View Details
    • $750,000

      Falls Church Specialty Property

      Specialty property for sale in Falls Church, Virginia.
      2417 Falls Place Ct, Falls Church, VA 22043
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      85,000 SF

      Falls Church Retail Space Available

      Prime Restaurant Space, Fairfax County, VA
      0 Fls Church Dr, Falls Church, VA 22043
      View Details
    • $2,600 /Mo

      Office Condo Unit For Rent

      Office condo with conference room, bathrooms, and storage available for rent.
      7657 Leesburg Pike, Falls Church, VA 22043
      View Details
    • $3,500 /Mo

      Furnished Room in Upscale Building

      Furnished room suitable for various professionals in Falls Church.
      7115 Leesburg Pike, Falls Church, VA 22043
      View Details
    • Contact for pricing
      1,386 SF

      Renovated Townhouse in Falls Church

      Fully renovated townhouse with community pool, convenient location in Falls Church.
      7810 Snead Ln, Falls Church, VA 22043
      View Details
    • Contact for pricing
      2,861 SF

      Renovated Office Space Near Metro

      Newly renovated office space with on-site management and metro access.
      2815 Hartland Rd, Falls Church, VA 22043
      View Details
    • $15 SF/Yr
      24,530 SF

      Tysons Corner Office Space

      Prime Tysons location, flexible suites, ample parking.
      7777 Leesburg Pike, Falls Church, VA 22043
      View Details
    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.
    Fls Church Dr
    Falls Church, VA 22043
    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

    Google sign-in failed. Please try again or use another login method.