5916 Richmond Hwy Alexandria, VA 22303-1856
- Motels
- 11,868 SF
- 0.81 lot acres
Current Use by Public Records
- Budget Host Alexandria / Motel
- Cozy Stay near the Heart of Alexandria / Motel
- Travelers Motel/ Budget Host Alexandria / Hotel
Property Details for 5916 Richmond Hwy
- Year built
- 1953
- Construction
- BRICK
- Lot size
- 0.81 lot acres
- Property size
- 11,868 SF
- Zone code
- C-8(HIGHWAY COMMERCIAL)
- Property type
- Motels
- APN
- 083-4-01-0002
- APU
- 834010002
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,930,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,065,000
- 6.5%
- $2,990,000
- 7%
- $3,240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,085,000
- Geo Method
- $2,885,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,800,000
- Retail
- $2,765,000
- Mixed-Use
- $3,005,000
- Hospitality
- $3,375,000
- Educational
- $3,715,000
- Residential Income
- $3,205,000
- Energy
- $3,780,000
- Income-Based Land
- $3,810,000
- Food Service
- $3,215,000
Location Insight
- Map
- Local Demand
- City
- Alexandria
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.0617
- Latitude
- 38.7909
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA