3339 Duke StAlexandria, VA 22314

Property Details for 3339 Duke St

Lot size

0.03 AC

Property size (Sq ft)

1,254 SF

Zone code

CL - COMMERCIAL LOW ZONE

Property type

Office properties

Property subtype

Other office properties

APN

50348570

APU

50348570

Description

This exceptional investment opportunity presents two adjoining professional office condo units located at 3339 & 3341 Duke Street in Alexandria, Virginia, 22314. The combined property encompasses a total of approximately 2,520 square feet of land and offers two units, one measuring 1,254 square feet and the other 1,266 square feet, for a total of approximately 2,520 square feet. Both units are situated within a three-building complex and boast a desirable CL zoning designation. Each unit is meticulously designed as an executive office suite, featuring high-end finishes including a custom reception desk and a fireplace in one of the executive offices. The asking price for this combined property is $695,000, presenting a compelling opportunity for owner-occupancy or a strong addition to an investment portfolio. The property's prime location in Alexandria, Arlington County, offers excellent access to major transportation arteries and a thriving business community. This is a rare chance to acquire a well-appointed, move-in ready office space in a highly sought-after area. The units are ideal for a variety of professional uses, offering a blend of functionality and sophisticated aesthetics. Don't miss this chance to own a piece of Alexandria's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $324,071

  6.5%

  $299,143

  7%

  $277,776

• Comparable approach

  Method

  Valuation

  Relative Method

  $209,431

  Geo Method

  $209,431

• Alternative Use

  Use

  Valuation

  Residential

  $370,937

  Hospitality

  $339,776

  Educational

  $282,690

  Medical

  $292,412

  Retail

  $439,740

Location Insight

City

Alexandria

County

Alexandria City

State

Virginia

Latitude

38.8093

Longitude

-77.0876

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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