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    Property profile & analytics

    120 Gordon Rd Falls Church, VA 22046-4605

    • Parking lots & garages
    • 2,880 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $450,000
    Last Sale
    Oct 16, 2024
    $450,000
    Location Intelligence
    Property ID
    US87-0946336
    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

    • Parking lots & garages

    Property Details for 120 Gordon Rd

    Year built
    1939
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.26 lot acres
    Property size
    2,880 SF
    Zone code
    M-1 LIGHT INDUSTRIAL
    Property type
    Parking lots & garages
    APN
    52-101-011
    APU
    52101011

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $450,000

    • CAP approach

      CAP return
      Estimation
      6%
      $465,000
      6.5%
      $515,000
      7%
      $455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $430,000
      Geo Method
      $410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $460,000
      Retail
      $515,000
      Mixed-Use
      $405,000
      Hospitality
      $545,000
      Educational
      $460,000
      Residential Income
      $395,000
      Energy
      $515,000
      Income-Based Land
      $460,000
      Food Service
      $475,000

    Location Insight

    • Map
    • Local Demand
    City
    Falls Church
    County
    Falls Church City
    State
    Virginia
    Longitude
    -77.1906
    Latitude
    38.8929
    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
    $4,225
    $322,800
    $20,700
    $343,500
    -
    $322,800
    $20,700
    $343,500

    Comparable in this City

    • Value Estimation by Request
      20,877 SF

      1117 Broad St

      PARKING GARAGE, PARKING STRUCTURE • 20,877 SF
      1117 Broad St, Falls Church, VA 22046-2115
      View Details
    • Value Estimation
      $1,225,000
      1,800 SF

      1123 Broad St

      PARKING GARAGE, PARKING STRUCTURE • 1,800 SF
      1123 Broad St, Falls Church, VA 22046
      View Details
    • Value Estimation by Request
      5,130 SF

      551 Washington St

      PARKING GARAGE, PARKING STRUCTURE • 5,130 SF
      551 Washington St, Falls Church, VA 22046-3536
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    • Value Estimation by Request
      4,320 SF

      553 Washington St

      PARKING GARAGE, PARKING STRUCTURE • 4,320 SF
      553 Washington St, Falls Church, VA 22046
      View Details
    • Value Estimation by Request
      2,604 SF

      118 Gordon Rd

      PARKING GARAGE, PARKING STRUCTURE • 2,604 SF
      118 Gordon Rd, Falls Church, VA 22046-4605
      View Details
    • Value Estimation
      $245,000
      600 SF

      203 Fairfax St

      PARKING GARAGE, PARKING STRUCTURE • 600 SF
      203 Fairfax St, Falls Church, VA 22046
      View Details

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    Similar Nearby for Lease

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      Retail space with high visibility and excellent demographics.
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    120 Gordon Rd
    Falls Church, VA 22046-4605
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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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