1311 Dolley Madison Blvd McLean, VA 22101
- Office buildings
- 5,180 SF
- 0.34 lot acres
Current Use by Public Records
- Erica Ohnstad / Counselor / Practitioner Service Location
- Brent Associates Inc / Employment Agency
- Wells Fargo Advisors / Investment Service
- Anna Sihon / Practitioner Service Location / Social Worker
- Charly Kaplove / Social Worker / Practitioner Service Location
Property Details for 1311 Dolley Madison Blvd
- Year built
- 1974
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.34 lot acres
- Property size
- 5,180 SF
- Zone code
- C-2(LIMITED OFFICE)
- Property type
- Office buildings
- APN
- 030-2-04-C-0005
- APU
- 030204C0005
Description
This exceptional four-story office building, located at 1311 Dolley Madison Blvd in McLean, Virginia, offers 16,756 square feet of versatile space. Classified as a Class B property, it was constructed in 1974 and features a mix of traditional office and medical office suites, ideal for a variety of businesses. The building comprises three suites in total, with one currently available for lease. This particular space offers 467 square feet and boasts the advantage of a private entrance on the first floor. The building is situated in the desirable McLean submarket of Fairfax County, providing convenient access to major transportation routes and amenities. Ample parking is available, with a ratio of 2.92 spaces per 1,000 square feet. The building is equipped with elevators for easy access to all four floors. This property presents a unique opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving community. The building's multiple tenancy structure allows for flexibility and potential for growth. Interested parties are encouraged to inquire about lease terms and availability.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,100,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,155,000
- 6.5%
- $2,840,000
- 7%
- $3,320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,020,000
- Geo Method
- $3,010,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,230,000
- Retail
- $3,070,000
- Mixed-Use
- $2,595,000
- Hospitality
- $2,485,000
- Educational
- $2,930,000
- Residential Income
- $2,610,000
- Energy
- $2,590,000
- Income-Based Land
- $3,050,000
- Food Service
- $2,635,000
Location Insight
- Map
- Local Demand
- City
- Mclean
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.1773
- Latitude
- 38.9401
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
