Property profile

2300 N Pershing Dr N B Arlington, VA 22201

FOR SALE
Commercial real estate
Property ID
US87-1198570
1,778 SF Built 2004
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail space, located at 2300 North Pershing Drive Unit 2B in Arlington, VA, presents a unique opportunity for businesses seeking a prime location. Completely remodeled in 2022, this property will be fully available March 1, 2025, although earlier availability may be negotiable. The space boasts a flexible layout, easily adaptable to various retail needs. Two convenient entrances provide access – one directly from North Pershing Drive and another from the ample parking lot. This is a significant advantage, offering free and abundant parking for both employees and customers, a rare find in this desirable area. The property's design allows for potential expansion by adding adjacent retail space. The unit is currently tenant-occupied, but will be ready for immediate occupancy upon lease commencement, requiring only minor cosmetic changes such as signage and paint. This turnkey solution minimizes upfront investment and allows for a quick start to operations. The property is classified as retail and is situated on a 0-acre lot. Interested parties should refer to MLS # VAAR2045946 for further details. This is an exceptional opportunity to establish a thriving business in a high-traffic, convenient location with unparalleled parking accessibility.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 2004
Total area 1,778 SF
Zoning code C-1
APN 18-058-025
UPID US87-1198570

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Restaurant
  • Restaurant
  • Physician
  • Counselor Psychologist

Location

2300 N Pershing Dr N, Unit B Arlington, VA 22201
Arlington metro Census 101803 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$605k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$605k

Owner & transaction history

since 2020
4 recorded transactions
2020
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-1 · Arlington, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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