For Sale
Property summary
This exceptional South Arlington office building presents a unique investment opportunity. Situated on a sizable 0.9-acre lot at 4800 31st Street S, this 5,016 square foot, two-story brick structure offers significant potential. The property boasts 22 dedicated parking spaces, a significant advantage in this area. Currently configured as a religious facility, the adaptable interior features a flexible open floor plan ideal for a variety of uses. The main level is well-suited for a reception area and private offices, while the lower level provides ample space for additional offices, storage, and conference rooms. A modern kitchenette and updated restrooms are included. The building offers convenient dual access points: a main entrance and a separate rear entrance on the lower level with its own parking area, providing excellent functionality and accessibility. The property's location is highly desirable, adjacent to Shirlington and with convenient access to I-395 and King Street. The surrounding area is a mix of residential and commercial properties, offering a diverse and vibrant environment. The building is being offered "As Is" and may require some refurbishment to meet specific needs. This presents a chance to acquire a substantial property in a thriving location at an attractive price of $2,800,000.
Property profile
VerifiedCap rate & NOI
Current use
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Real Estate Agency
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Church
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Arlington market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Arlington, VAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning