2922 Annandale Rd Falls Church, VA 22042-2108
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-8(HIGHWAY COMMERCIAL) · Falls Church, VACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.