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Property profile & analytics
OFF-MARKET Estimated value $2,490,000
Warehouses

405 Fannon St Alexandria, VA 22301-1010

17,714 SF 0.52 ac lot Built 1952
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US87-0142144
Property summary
AI-generated overview

This exceptional Alexandria, VA industrial property at 405 Fannon St offers 33,214 square feet of versatile flex and warehouse space, ideally suited for a variety of businesses. Currently, 23,214 square feet is available, divisible into units ranging from 5,500 to a maximum contiguous 17,714 square feet. The building, constructed in 1952, features a 16-foot ceiling height, one dock-high door, and two drive-in doors, providing excellent access for loading and unloading. The property sits on a 22,443 square foot lot and is zoned I (Industrial), offering significant potential for diverse uses. Its strategic location in Alexandria, within the rapidly developing Route 1 corridor, provides unparalleled access to major transportation arteries, including National Airport, downtown Washington D.C., GW Parkway, I-95, and I-395. The property's proximity to the planned Virginia Tech Innovation Campus and the Potomac Yard shopping complex further enhances its appeal. This location is perfect for businesses seeking convenient access to a thriving commercial area and a strong workforce. The property's adaptability makes it suitable for a wide range of users, including service industries, craft breweries, coffee roasters, fitness centers, daycare facilities, dog care businesses, commercial kitchens, and contractors or landscaping companies needing indoor vehicle storage. This is a rare opportunity to secure a well-located, versatile industrial space in a rapidly growing market.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1952
Total area 17,714 SF
Lot 0.52 ac (22,651 SF)
Zoning code I - INDUSTRIAL ZONE
APN 13810000
UPID US87-0142144
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Fetch Logistics Company Freight Service
  • Joy Juice Specialty Food Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.07M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.49M
Owner & transaction history
405 F LLC A Virginia Limited Liabil · 8 yrs held
405 F LLC A Virginia Limited Liabil
since 2017
5 recorded transactions
2022
Price N/A
2017
$3.1M
2016
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I - INDUSTRIAL ZONE · Alexandria, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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