4232 King St Alexandria, VA 22302
Property profile & analytics
4232 King St Alexandria, VA 22302
- Office buildings
- 10,148 SF
- 0.06 lot acres
Property ID
US87-0137445
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
- Bipartisan Leadership Project / Association / Organization
- Whitfield Russell Associates / Engineering Consultant
Property Details for 4232 King St
- Year built
- 1983
- Lot size
- 0.06 lot acres
- Property size
- 10,148 SF
- Zone code
- OCM(100) - OFFICE COMMERC
- Property type
- Office buildings
- APN
- 50364310
- APU
- 50364310
Description
This exceptional 10,148-square-foot executive office condo, located at 4232 King Street in Alexandria, Virginia, presents a compelling investment opportunity. Priced at $2,280,000 ($224.68/sq ft), this four-story building boasts seven units and offers significant potential for value enhancement. Built in 1983, the property features 18 parking spaces, a substantial advantage in this location. The interior includes 23 private offices, three bathrooms, a kitchenette, a server room, a conference room, and ample storage. A comprehensive sprinkler system and two staircases ensure safety and functionality. The full-height lower level, partially below grade, benefits from natural light and direct egress. Its end-unit position provides excellent visibility and signage opportunities on King Street. The property's OCM (100) zoning permits a variety of uses, including office, daycare, school, or medical office. Its prime location offers convenient access to I-395, providing a quick commute to major employment centers like Mark Center, Amazon HQ2, the Pentagon, and Washington, D.C. Proximity to two DASH bus lines, Bradlee Shopping Center, Skyline Plaza, Ronald Reagan Washington National Airport (15 minutes), Old Town Alexandria (15 minutes), and Washington, D.C. (20 minutes) further enhances its appeal. The 2,611 square foot lot and the existing office intensive buildout provide a solid foundation for immediate occupancy or strategic redevelopment.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,415,000
- 6.5%
- $2,230,000
- 7%
- $2,070,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,457,000
Market price range: $386k - $3.89M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,520,000 Current use
- WAREHOUSE, STORAGE
- $3,445,000 Change: -2% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Alexandria
- County
- Alexandria City
- State
- Virginia
- Longitude
- -77.1021
- Latitude
- 38.8363
- 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
2023
$26,860
$618,000
$1,801,791
$2,419,791
-
$618,000
$1,801,791
$2,419,791
