405 Fannon St Alexandria, VA 22301-1010
- Warehouses
- 17,714 SF
- 0.52 lot acres
Current Use by Public Records
- Fetch / Logistics Service / Delivery Service
- Joy Juice / Juice Shop
Property Details for 405 Fannon St
- Year built
- 1952
- Lot size
- 0.52 lot acres
- Property size
- 17,714 SF
- Zone code
- I - INDUSTRIAL ZONE
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 13810000
- APU
- 13810000
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,330,000
- 6.5%
- $3,070,000
- 7%
- $2,850,000
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Location Insight
- Map
- Local Demand
- City
- Alexandria
- County
- Alexandria City
- State
- Virginia
- Longitude
- -77.0515
- Latitude
- 38.8274
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA