50 S Pickett St Alexandria, VA 22304
Property profile & analytics
50 S Pickett St, Alexandria, VA 22304
- Office Spaces
Property ID
US87-3929408
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
- EthioFlowers / Big Box & Wholesale Store
- Metropolitan Headache and Spine Center / Alternative Medicine Practice
- Cafe Aurora / Restaurant
- Jayne E. Delaney, DDS and Rory N. Smith, DDS / Dental Office
- The Alvarez Law Firm / Law Firm
Property Details for 50 S Pickett St
- Year built
- 1988
- Property type
- Office Spaces
Description
Two prime commercial condo units are available for sale at 50 S Pickett Street, Unit 223, Alexandria, VA. Each unit offers exceptional visibility within a bustling strip mall and boasts a low monthly condo fee of just $245. While individually priced at $275,000, both units (223 and the adjacent 225) can be purchased together for $550,000, totaling 1,286 square feet. Currently generating a combined monthly rental income of $3,200 on month-to-month leases, the property presents a strong investment opportunity. Comparable units in the area command $2,500 in monthly rent, suggesting potential for increased rental income. The units, remodeled in 2012, are situated in a densely populated area with convenient access to Washington, D.C., Old Town Alexandria, Arlington, Springfield, and Maryland. Ample parking is available on-site. This exceptional location is further enhanced by its proximity to Cameron Station and its half-mile distance from Alexandria's new Landmark development. The property's high visibility and strong rental income make it an ideal investment for both seasoned investors and owner-occupiers seeking a strategic location in a thriving market. This is a rare opportunity to acquire a well-maintained, income-producing property in a highly desirable area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Alexandria
- County
- Alexandria City
- State
- Virginia
- Longitude
- -77.12119
- Latitude
- 38.81105
