431 Park Ave, Unit 101 Falls Church, VA 22046-3305
- Commercial real estate
Current Use by Public Records
- Alexandria Family Practice / Doctor / Medical Clinic
- Bridgett Casadaban / Obstetrician-Gynecologist
- Dr. Ji Paik / Obstetrician-Gynecologist
- Tuan Quynh Anh Nguyen / Ophthalmologist
- Dr. David Parver / Ophthalmologist / Practitioner Service Location
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
-
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