2001 Mount Vernon Ave Alexandria, VA 22301
- Commercial real estate
- 5,173 SF
- 0.12 lot acres
Current Use by Public Records
- Fueled & Fed Nutrition / Nutritionist / Dietitian
- Four Directions Wellness, LLC / Health Consultant / Meditation Center
- Home Birth in Northern Virginia, DC, and Maryland / Midwife
- Story Store Media / Video Production Service
- C. May & Associates, LLC / Advertising Agency
Property Details for 2001 Mount Vernon Ave
- Year built
- 1924
- Lot size
- 0.12 lot acres
- Property size
- 5,173 SF
- Zone code
- CL - COMMERCIAL LOW ZONE
- Property type
- Commercial real estate
- APN
- 13637000
- APU
- 13637000
Description
This Alexandria, VA, Del Ray property at 2001 Mt. Vernon Avenue offers 15 executive office suites in a charming three-story building (5,173 total sq ft). Built in 1924 and renovated in 1990, the building boasts a convenient location on Mt. Vernon Ave, within walking distance of local businesses. Suite sizes range from a minimum of 50 sq ft to a maximum contiguous space of 260 sq ft, allowing for flexibility in tenant needs. Multiple tenancy options are available, with vacant space totaling 1,475 sq ft. The property features a 1.0 building FAR and sits on 0.12 acres of land. Amenities include all-inclusive monthly rent (covering utilities), weekly cleaning, mail service, unlimited conference room access, high-speed Verizon Fios Wi-Fi (1GB download/1GB upload), 24/7 access, complimentary coffee and tea, and a free trial day. Four off-street parking spaces are available on a first-come, first-served basis. The CL zoning allows for a variety of professional uses. "Virtual Office" leases are also available, providing a business address, mail service, and conference room access without a dedicated office space. The building is situated in the desirable Del Ray submarket of Alexandria, in Alexandria County, Virginia (zip code 22301). Minimum lease term is one year.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,000,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,840,000
- 6.5%
- $1,815,000
- 7%
- $1,890,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,895,000
- Geo Method
- $1,950,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,950,000
- Retail
- $2,280,000
- Mixed-Use
- $2,065,000
- Hospitality
- $2,125,000
- Educational
- $2,280,000
- Residential Income
- $1,765,000
- Energy
- $2,295,000
- Income-Based Land
- $2,320,000
- Food Service
- $2,250,000
Location Insight
- Map
- Local Demand
- City
- Alexandria
- County
- Alexandria City
- State
- Virginia
- Longitude
- -77.058
- Latitude
- 38.8241
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
