4232 King St Alexandria, VA 22302
For Sale
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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.
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Bipartisan Leadership Project Association / Organization
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Whitfield Russell Associates Engineering Consultant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OCM(100) - OFFICE COMMERC · Alexandria, VAAlexandria. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.