1311 Dolley Madison Blvd, Mc Lean, VA 22101
- Office buildings
- 5,180 SF
- 0.34 lot acres
Current Use by Public Records
- Erica Ohnstad / Practitioner Service Location / Counselor
- Brent Associates Inc / Employment Agency
- Wells Fargo Advisors / Financial Advisor
- Anna Sihon / Foster Care Service / Social Service Agency
- Charly Kaplove / Foster Care Service / Social Service Agency
Property Details for 1311 Dolley Madison Blvd
- Year built
- 1974
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.34 lot acres
- Zone code
- C-2(LIMITED OFFICE)
- Property type
- Office buildings
- APN
- 030-2-04-C-0005
- APU
- 030204C0005
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 7, 2024 | $3,100,000 | Malloy Vii Dolley Madison Blvd LLC | Wells Fargo Bank National Associati | Special Warranty Deed | $2.5M · United Bank |
| Jul 12, 2004 | $2,842,105 | Wachovia Bank National Assn | Ramay Family Ptshp | Warranty Deed · related | — |
Description
This exceptional four-story office building, located at 1311 Dolley Madison Blvd in McLean, Virginia, offers 16,756 square feet of versatile space. Classified as a Class B property, it was constructed in 1974 and features a mix of traditional office and medical office suites, ideal for a variety of businesses. The building comprises three suites in total, with one currently available for lease. This particular space offers 467 square feet and boasts the advantage of a private entrance on the first floor. The building is situated in the desirable McLean submarket of Fairfax County, providing convenient access to major transportation routes and amenities. Ample parking is available, with a ratio of 2.92 spaces per 1,000 square feet. The building is equipped with elevators for easy access to all four floors. This property presents a unique opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving community. The building's multiple tenancy structure allows for flexibility and potential for growth. Interested parties are encouraged to inquire about lease terms and availability.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,100,000
- ML approach
- $3,100,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,199,000
Market price range: $1.23M - $2.54M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,040,000 Current use
- RESTAURANT
- $3,940,000 Change: +93% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $2,355,000 Change: +15% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $1,910,000 Change: -6% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Mclean
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.1773
- Latitude
- 38.9401
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
