2964 Chain Bridge Rd Oakton, VA 22124
Property Lookup
Property profile & analytics
2964 Chain Bridge Rd Oakton, VA 22124
- Office buildings
- 3,232 SF
- 1.06 lot acres
Property ID
US87-3605363
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.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 2964 Chain Bridge Rd
- Year built
- 1977
- Construction
- STEEL FRAME
- Lot size
- 1.06 lot acres
- Property size
- 3,232 SF
- Zone code
- C-5(NEIGHBORHOOD RETAIL)
- Property type
- Office buildings
- APN
- 047-2-01-0031
- APU
- 472010031
Description
This exceptional retail opportunity presents a 3,070 square foot building ideally situated on Chain Bridge Road in Oakton, Fairfax County. Built in 1977, the property boasts a highly visible location with excellent access from two sides, ensuring maximum exposure for your business. The single-tenant building sits on a sizable 1.06-acre lot and features two convenient drive-thru lanes, a significant advantage for businesses requiring this type of customer access. The C-5 zoning allows for a wide range of retail uses, making this property exceptionally versatile. This location is in an underserved retail node of Fairfax County, presenting a unique chance to establish a thriving business in a high-traffic area. The building's substantial size and prime location offer significant potential for growth and profitability. The property's accessibility and visibility make it an attractive option for a variety of retail concepts. This is a rare opportunity to secure a well-positioned retail space in a desirable Fairfax County submarket. The existing structure provides a solid foundation for immediate occupancy or potential renovation to suit specific business needs. Don't miss this chance to capitalize on this exceptional retail offering.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,090,000
- 6.5%
- $1,005,000
- 7%
- $930,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $814,000
Market price range: $367k - $815k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,000,000 Current use
- COMMERCIAL (GENERAL)
- $1,470,000 Change: +47% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,420,000 Change: +42% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,190,000 Change: +19% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,080,000 Change: +8% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Oakton
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.303
- Latitude
- 38.8804
- 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
$40,936
$1,938,340
$1,251,080
$3,189,420
-
$1,938,340
$1,251,080
$3,189,420
