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    Property profile & analytics
    OFF-MARKET Estimated value $27,305,000
    Office buildings

    6432 General Grn Way, Alexandria, VA 22312-2413

    153,861 SF 12.13 ac lot Built 1989
    Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US87-0608100
    Property summary
    AI-generated overview

    This unique 51,124 gross square foot vacant office building in Alexandria, VA, presents a remarkable investment opportunity. Previously used as a government office, this property sits on a generous 12.13-acre lot and offers exceptional flexibility for a wide range of commercial uses. The building's layout allows for leasing options to suit various needs. The entire building is available, or you can lease either the first floor (25,522 net square feet) or the second floor (25,602 net square feet) independently. Its adaptable design lends itself to creative uses such as a daycare center, banquet facility, lodge, bed and breakfast, wellness spa, health club, gym, hotel, professional conference space, or even a theater. The property's potential is only limited by the imagination, however, any use must be compatible with the adjacent spa. Practical features include a convenient loading dock, ample parking to accommodate a large number of vehicles, and elevator access to the second floor, ensuring ease of access and operation for any business. This prime location in Alexandria offers significant potential for a savvy investor or business owner seeking a unique and versatile property. The property is currently available for lease. Serious inquiries only.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1989
    Construction STEEL FRAME
    Total area 153,861 SF
    Lot 12.13 ac (528,475 SF)
    Zoning code I-4(INDUST MEDIUM INTENSI
    APN 081-1-01-0008-B
    UPID US87-0608100
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Balian Springs Gym & Fitness Center Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $33.81M
    Comparable Approach Comparable
    $27.95M
    Blend (final) Blend
    $27.31M
    Owner & transaction history
    Spa Forest INC · 9 yrs held
    Spa Forest INC
    since 2016
    7 recorded transactions
    2025
    2025
    2020
    2018
    2016
    $9.8M
    2014
    $21.2M
    1969
    Zoning & alternative use
    I-4(INDUST MEDIUM INTENSI · Alexandria, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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