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Property profile & analytics
FOR LEASE
High-rise multifamily apartments

2600 Crystal Dr Arlington, VA 22202

2,629 SF 2.12 ac lot
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US87-2709832
Property summary
AI-generated overview

The Concord in Crystal City offers exceptional retail opportunities within a thriving Arlington County community. Two prime spaces are available, ranging from 2,884 to 3,845 square feet, ideal for businesses seeking high visibility and strong foot traffic. Located adjacent to Reagan National Airport and in close proximity to downtown D.C. and Amazon HQ2, this location benefits from an exceptionally strong demographic profile. Within a one-mile radius, the population exceeds 31,000 residents, boasting an average household income of $162,743. The daytime population swells to 48,422, ensuring a consistent flow of potential customers. This vibrant area is further enhanced by its proximity to Metro stations (Yellow/Blue Line), providing convenient public transportation access, and ample parking is available for customers and employees. The Concord itself is part of a larger luxury apartment community with 413 residential units, providing a built-in customer base. The surrounding area offers a mix of restaurants, upscale dining options, eclectic shops, and public art, creating a lively and attractive environment for businesses. A total of 6,729 square feet of vacant retail space is currently available for lease. This presents a unique chance to establish a presence in a high-demand, affluent area with excellent accessibility and a strong residential community.

Property profile
Verified
Property type High-rise multifamily apartments
Use group HIGH-RISE APARTMENTS
Total area 2,629 SF
Lot 2.12 ac (92,420 SF)
Zoning code C-O
APN 34-027-033
UPID US87-2709832
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Concord Crystal City Real Estate Agency
  • Crystal Quarters Corporate Housing at The Concord Bed & Breakfast Restaurant
  • Blink Charging Station Electric Vehicle Charging Station
  • Executive Apartments, Inc. Travel Agency Vacation Rental
  • Brazzos Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$780k
CAP Approach CAP
$610k
Comparable Approach Comparable
by Request
Blend (final) Blend
$570k
Owner & transaction history
GOULD GA
GOULD GA
Zoning & alternative use
C-O · Arlington, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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