Property profile

2921 Telestar Ct Falls Church, VA 22042

OFF-MARKET
Office buildings
Property ID
US87-0221406
20,480 SF 0.97 ac lot Built 1970
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Construction CONCRETE BLOCKS
Total area 20,480 SF
Lot 0.97 ac (42,372 SF)
Zoning code I-5(INDUSTRIAL GENERAL)
APN 049-4-04-0006
UPID US87-0221406

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
  • Medical Clinic Hospital
  • Physician
  • Physician
  • Physician
  • Physician

Location

2921 Telestar Ct Falls Church, VA 22042-1205
Falls Church metro Census 440201 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.79M
CAP Approach CAP
$6.36M
Comparable Approach Comparable
$7.08M
Blend (final) Blend
$7.88M

Owner & transaction history

since 2022
Last sale
$7.5M
5 recorded transactions
2024
Price N/A
2022
$7.5M
2017
$6.0M
2005
$7.4M
2005
$3.1M

Zoning & alternative use

I-5(INDUSTRIAL GENERAL) · Falls Church, VA
Top alternative use upside
Neighborhood: shopping center $7.6M +36.2%
Commercial (general) $7.0M +26.4%
Industrial (general) $7.0M +25.7%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2921 Telestar Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message