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Property profile & analytics

431 Park Ave, Unit 101 Falls Church, VA 22046-3305

  • Commercial real estate
OFF-MARKET
Value Estimation
$690,000
Last Sale
Oct 12, 2021
$600,000
Location Intelligence
Property ID
US87-1561796
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.

Current Use by Public Records

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Property Details for 431 Park Ave

Property type
Commercial real estate
APN
51-133-113
APU
51133113

Description

This exceptional Falls Church, VA office property at 431 Park Avenue offers a variety of flexible spaces ideal for diverse business needs. Two units are currently available, ranging from 1,129 to 1,442 square feet. The building's location on a tree-lined street provides a tranquil yet accessible setting, with numerous amenities within easy walking distance. The property is categorized as a Traditional Office, but its adaptability also makes it suitable for coworking, medical office, executive office, or creative office uses. The units are situated on the first floor, boasting desirable window office space. The multiple tenancy structure allows for a range of occupancy options. The property's address is 431 Park Ave, Falls Church, VA 22046. Its convenient location in Falls Church offers excellent accessibility and visibility. The building's design and location make it an attractive option for businesses seeking a professional and convenient workspace in a vibrant community. The precise square footage of each available unit can be provided upon request. This property presents a unique opportunity to establish a presence in a desirable and well-connected area.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $735,000
  • CAP approach

    CAP return
    Estimation
    6%
    $730,000
    6.5%
    $640,000
    7%
    $650,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $590,000
    Geo Method
    $555,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $810,000
    Retail
    $810,000
    Mixed-Use
    $695,000
    Hospitality
    $770,000
    Educational
    $750,000
    Residential Income
    $615,000
    Energy
    $620,000
    Income-Based Land
    $725,000
    Food Service
    $685,000

Location Insight

  • Map
  • Local Demand
City
Falls Church
County
Falls Church City
State
Virginia
Longitude
-77.1762
Latitude
38.887
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
$4,925
$138,900
$261,500
$400,400
-
$138,900
$261,500
$400,400
More about this property
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