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    2922 Annandale Rd Falls Church, VA 22042-2108
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    Property profile & analytics

    2922 Annandale Rd Falls Church, VA 22042-2108


    • Turn key restaurants
    • 6,793 SF
    • 0.93 lot acres
    Off-Market
    Last Sale May 25, 2021
    $2,000,000
    Property ID
    US87-0798356
    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.

    Value Estimations
    $2,070,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 2922 Annandale Rd

    Year built
    1971
    Construction
    CONCRETE BLOCKS
    Lot size
    0.93 lot acres
    Property size
    6,793 SF
    Zone code
    C-8(HIGHWAY COMMERCIAL)
    Property type
    Turn key restaurants
    APN
    050-4-01-0061
    APU
    504010061

    Description

    This vacant 6,200 square foot building sits on an almost one-acre lot in Falls Church, Virginia (zip code 22042), boasting a prime location on Annandale Road. The property features approximately 230 feet of frontage and benefits from excellent visibility due to its position between Route 50/Arlington Blvd (69,000 vehicles per day) and Route 29/S Washington Blvd (22,000 vehicles per day). The C-8 zoning allows for a wide range of uses, including restaurant, brewery, banquet hall, catering facility, hotel, child care center, private school, veterinary hospital, or funeral home. Built in 1971, the property offers significant potential for redevelopment or repurposing. The surrounding area demonstrates strong demographics, with a population of approximately 170,000 within a three-mile radius and an average household income of approximately $200,000. Existing pylon signage is in place. This is a rare opportunity to acquire a high-visibility commercial property in a thriving location. The property is currently vacant.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,025,000
      ML approach
      $2,255,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,817,000
      Market price range: $2.82M - $9.31M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Falls Church
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.1752
    Latitude
    38.8719
    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
    2024
    $17,247
    $866,210
    $457,960
    $1,324,170
    -
    $866,210
    $457,960
    $1,324,170
    More about this property
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