1340 Old Chain Bridge RdMclean, VA 22101

Property Details for 1340 Old Chain Bridge Rd

Year built

1961

Construction

TYPE NOT SPECIFIED

Lot size

0.51 AC

Property size (Sq ft)

29,175 SF

Zone code

C-6(COMMUNITY RETAIL)

Property type

Office properties

Property subtype

Office buildings

APN

030-2-04-D-0001-A

APU

030204D0001A

Description

This exceptional office space in McLean, Virginia, offers a variety of suite sizes to accommodate diverse business needs. Located at 1340 Old Chain Bridge Road, this property boasts a prime location on a 0.51-acre lot. The top-floor suite features a desirable layout with multiple windowed offices situated around the perimeter, maximizing natural light and offering pleasant views. A conveniently located kitchen is situated in the back corner, providing a comfortable space for staff. The building itself is well-maintained and features recently updated HVAC and elevator systems, ensuring a comfortable and efficient work environment. The building enjoys a friendly atmosphere and a diverse tenant mix, including an oral surgeon, a C-2 business, an urgent care facility, and an eye care practice. Ample parking is available, with designated handicap spaces conveniently located at the front of the building. In addition to the top-floor suite, there are also three other available suites on the third floor, measuring 1350 square feet, 1152 square feet, and 700 square feet respectively. These options provide flexibility for businesses of various sizes seeking a professional and well-equipped workspace in a thriving McLean community. The building's strategic location and modern amenities make this an ideal opportunity for businesses seeking a high-visibility presence in a desirable area.

• CAP approach

  CAP return

  Valuation

  6%

  $6,791,877

  6.5%

  $6,269,425

  7%

  $5,821,609

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,554,486

  Geo Method

  $2,806,343

• Alternative Use

  Use

  Valuation

  Residential

  $7,774,087

  Hospitality

  $7,121,022

  Educational

  $5,924,606

  Medical

  $6,128,363

  Retail

  $9,216,055

Location Insight

City

Mc Lean

County

Fairfax

State

Virginia

Latitude

38.938

Longitude

-77.1763

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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