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    103 Park Washington Ct Falls Church, VA 22046-4519

    • Office Properties & Spaces
    • 1,430 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $820,000
    Last Sale
    Oct 17, 2024
    $800,000
    Location Intelligence
    Property ID
    US87-0058713
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • WARD, DRESHMAN & REINHARDT, INC / Non-Profit Organization
    • James D Klote & Associates / Business Management Consultant

    Property Details for 103 Park Washington Ct

    Year built
    1980
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.02 lot acres
    Property size
    1,430 SF
    Zone code
    B-1 LTD.BUS
    Property type
    Office Properties & Spaces
    APN
    53-104-046
    APU
    53104046

    Description

    This exceptional 1,430 sq ft, two-story office townhouse in Falls Church, VA, is offered for sale at $800,000. Located on Park Washington Court, this Class B property boasts a convenient location near Route 66, offering easy access to Arlington and Maryland. The vacant building features a flexible floorplan with 4-5 offices, a reception area, and two restrooms, all enhanced by recessed lighting. The property includes two HVAC units (replaced in 2013), ample on-site parking, and very low association fees covering trash and parking lot maintenance. The 730 sq ft lot is zoned B-1. This fee simple ownership opportunity provides long-term stability and control. The property is ideally situated near restaurants and the Metro, providing convenient access to the vibrant city life and Washington, D.C. The seller is willing to consider partial financing. This is a unique chance to acquire a well-maintained, versatile office space in a highly desirable location. Built in 1979, the property offers a blend of classic charm and modern functionality.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $800,000

    • CAP approach

      CAP return
      Estimation
      6%
      $770,000
      6.5%
      $770,000
      7%
      $770,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $980,000
      Geo Method
      $905,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $780,000
      Retail
      $810,000
      Mixed-Use
      $860,000
      Hospitality
      $715,000
      Educational
      $970,000
      Residential Income
      $930,000
      Energy
      $800,000
      Income-Based Land
      $720,000
      Food Service
      $835,000

    Location Insight

    • Map
    • Local Demand
    City
    Falls Church
    County
    Falls Church City
    State
    Virginia
    Longitude
    -77.1688
    Latitude
    38.8831
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,176
    $186,900
    $477,800
    $664,700
    -
    $186,900
    $477,800
    $664,700

    Comparable in this City

    • Value Estimation by Request
      7,900 SF

      130 Jefferson St

      Restaurants • 7,900 SF
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    • Value Estimation by Request
      2,831 SF

      706 Washington St

      OFFICE (GENERAL) • 2,831 SF
      706 Washington St, Falls Church, VA 22046-4018
      View Details
    • Value Estimation by Request
      3,000 SF

      109 Park Washington Ct

      OFFICE (GENERAL) • 3,000 SF
      109 Park Washington Ct, Falls Church, VA 22046-4519
      View Details
    • Value Estimation by Request
      2,670 SF

      310 Hillwood Ave

      OFFICE (GENERAL) • 2,670 SF
      310 Hillwood Ave, Falls Church, VA 22046-2942
      View Details
    • Value Estimation by Request
      1,692 SF

      703 Park Ave

      OFFICE (GENERAL) • 1,692 SF
      703 Park Ave, Falls Church, VA 22046-3212
      View Details
    • Value Estimation by Request
      2,472 SF

      125 Rowell Ct

      OFFICE (GENERAL) • 2,472 SF
      125 Rowell Ct, Falls Church, VA 22046-3126
      View Details

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    103 Park Washington Ct
    Falls Church, VA 22046-4519
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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