Technical
Financial
Distress signals
Property profile

320 23rd S St Arlington, VA 22202

OFF-MARKET
High-rise multifamily apartments
Property ID
US87-0629231
53,549 SF 3.5 ac lot Built 1971
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

The property in Arlington, VA consists of three retail spaces configured for lease. Space 1 is 5,584 square feet and allows for the addition of an outdoor patio. Space 2 is 1,523 square feet. Space 3 is 5,458 square feet and also includes the potential for an outdoor patio.

Property profile

Verified
Property type High-rise multifamily apartments
Use group HIGH-RISE APARTMENTS
Year built 1971
Total area 53,549 SF
Lot 3.5 ac (152,460 SF)
Zoning code C-O
APN 34-020-030
UPID US87-0629231

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
  • Bowling Alley
  • Nail Salon
  • Medical Clinic
  • Health
  • Physician

Location

320 23rd S St Arlington, VA 22202-3738
Arlington metro Census 103405 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.36M

Owner & transaction history

since 2021
6 recorded transactions
2025
Price N/A
2021
Price N/A
2019
Price N/A
2012
$175.0M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-O · Arlington, VA

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
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