6491 Little River Tpke Alexandria, VA 22312
- Office Properties & Spaces
Current Use by Public Records
- Office Properties & Spaces
Property Details for 6491 Little River Tpke
- Year built
- 1928
- Construction
- FRAME
- Zone code
- C-2(LIMITED OFFICE)
- Property type
- Office Properties & Spaces
- APN
- 072-1-24-6491
- APU
- 721246491
Description
This exceptional investment opportunity presents a newly renovated, free-standing office building located at 6491 Little River Turnpike in Alexandria, Virginia. Boasting 1,832 square feet of well-appointed space, this property benefits from a highly visible location on a major thoroughfare, Little River Turnpike, experiencing approximately 33,000 vehicles daily, ensuring excellent exposure for your business or tenant. The building's recent renovation ensures modern amenities and a fresh, updated aesthetic. This offering is unique as it includes the sale of the adjacent building at 6489 Little River Turnpike, a two-level structure encompassing 5,400 square feet. The combined purchase price for both properties is $1,850,000. This presents a significant opportunity to acquire a substantial footprint in a prime Alexandria location with high traffic volume and excellent signage potential. The individual listing price for 6491 Little River Turnpike is $599,900, offering a compelling entry point into this lucrative market. The combined properties provide a substantial and versatile commercial space ideal for a variety of uses. The high daily traffic count on Little River Turnpike guarantees exceptional visibility and accessibility for any business. This is a rare chance to own a prominent commercial property in a thriving Alexandria location. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,530,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,655,000
- 6.5%
- $1,580,000
- 7%
- $1,620,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,370,000
- Geo Method
- $1,335,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,650,000
- Retail
- $1,565,000
- Mixed-Use
- $1,425,000
- Hospitality
- $1,495,000
- Educational
- $1,445,000
- Residential Income
- $1,775,000
- Energy
- $1,815,000
- Income-Based Land
- $1,810,000
- Food Service
- $1,590,000
Location Insight
- Map
- Local Demand
- City
- Alexandria
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.1562
- Latitude
- 38.8206
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA