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    Property profile & analytics
    OFF-MARKET Estimated value $3,130,000
    Office buildings

    7331 Little Riv Tpke, Annandale, VA 22003-3318

    13,400 SF 0.6 ac lot Built 1954
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US87-0084402
    Property summary
    AI-generated overview

    This exceptional retail property, located at 7331 Little River Turnpike in Annandale, Virginia, presents a unique investment opportunity. Boasting 13,400 square feet of versatile space, this property sits on a sizable 0.6-acre lot, offering ample room for expansion or outdoor amenities. The prime location on Little River Turnpike ensures high visibility and significant foot traffic, making it ideal for a variety of retail businesses. The asking price is $5,950,000. The property's substantial size and prominent location within a thriving commercial area promise strong returns for the discerning investor. Its strategic placement provides easy access to major transportation routes, ensuring convenient access for customers and employees alike. The property's existing infrastructure presents a solid foundation for immediate occupancy or extensive renovations to suit a specific business model. This is a rare opportunity to acquire a well-situated, high-traffic retail property in a desirable and rapidly developing area of Annandale. The substantial lot size offers potential for future development or expansion, adding further value to this already impressive investment. Serious inquiries are encouraged to explore this exceptional commercial real estate offering.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1954
    Construction CONCRETE BLOCKS
    Total area 13,400 SF
    Lot 0.6 ac (26,219 SF)
    Zoning code C-8(HIGHWAY COMMERCIAL)
    APN 071-1-01-0014
    UPID US87-0084402
    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
    • Oegadgib Restaurant
    • Annie's Hair Design Hair Salon
    • Spa Riverside Gym & Fitness Center Spa & Massage Center
    • Riverside Music Studio Tutoring Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $4.17M
    Comparable Approach Comparable
    $2.92M
    Blend (final) Blend
    $3.13M
    Owner & transaction history
    Parks Corp · 10 yrs held
    Parks Corp
    since 2015
    6 recorded transactions
    2015
    2010
    2010
    2009
    2005
    1969
    Zoning & alternative use
    C-8(HIGHWAY COMMERCIAL) · Annandale, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $4.9M +35.0%
    Industrial (general) $4.6M +24.5%
    Auto repair, garage $4.5M +22.2%
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