4400 Costello Way Haymarket, VA 20169-2996
Property profile & analytics
4400 Costello Way Haymarket, VA 20169-2996
- Office buildings
- 17,994 SF
- 1.26 lot acres
Property ID
US87-0441370
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
- Ellis Properties - Northern Virginia Real Estate Agent / Real Estate Agency
- RLS Construction Management Llc / Construction Company / General Contractor
Property Details for 4400 Costello Way
- Year built
- 2004
- Lot size
- 1.26 lot acres
- Property size
- 17,994 SF
- Zone code
- GENERAL BUSINESS
- Property type
- Office buildings
- APN
- 7298-70-9053
- APU
- 7298709053
Description
This exceptional 55,082 square foot retail center, located at 4400 Costello Way in Haymarket, Virginia (zip code 20169), presents a compelling investment opportunity. Situated on a 1.26-acre lot, the property boasts a diverse tenant mix including Foster's Grille, Contemporary Music Center, Haymarket Bicycles, Smiles on Haymarket, Little Divas Day Spa, Haymarket Pediatrics, and Ellis Properties. The property is zoned B-1 Business Commercial, ensuring flexibility and potential for future development. Its prime location offers excellent visibility and accessibility, with convenient proximity to I-66, a major transportation artery. The center benefits from stable, long-term tenants, providing a consistent revenue stream and minimizing vacancy risk. Haymarket's robust and growing market, coupled with significant barriers to entry for new competitors, further enhances the investment potential of this property. This is a rare opportunity to acquire a well-established, high-performing retail center in a thriving Virginia community. The property's strong tenant roster, strategic location, and favorable zoning regulations make it an ideal investment for discerning buyers seeking stable returns and long-term growth. The property's size and diverse tenant base offer significant upside potential for future appreciation.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,640,000
- 6.5%
- $5,205,000
- 7%
- $4,835,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,638,000
- AI Estimate
- $4,990,000
Market price range: $3.86M - $11.8MMarket price range: $2.88M - $8.24M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $7,370,000 Current use
- MEDICAL BUILDING
- $9,340,000 Change: +27% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $8,270,000 Change: +12% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Haymarket
- County
- Prince William
- State
- Virginia
- Longitude
- -77.6403
- Latitude
- 38.8137
- 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
$33,782
$605,900
$2,640,800
$3,246,700
-
$605,900
$2,640,800
$3,246,700
