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1400 Russell Rd 20,500 SF Specialty Building Offered at $7,000,000 in Alexandria, VA 22301
INVESTMENT HIGHLIGHTS
- Located on Russell Road just minutes from I-395.
EXECUTIVE SUMMARY
KLNB, LLC, as exclusive representative to the seller, is pleased to offer for sale the 100% fee simple interest in 1400 Russell Road, Alexandria, Virginia 22301 (the “Property”), approximately +/- 1.26 acres of Residential (R5) zoned land improved with a 20,500 square foot religious facility. The Property, known as the Community Praise Center, is an approved Place of Worship, and has a 450 seat sanctuary, classrooms, nursery, fellowship space and offices.
The Property has been very well maintained and is priced well below replacement costs. This is a unique opportunity to purchase an existing, approved religious facility in the growing, Fairfax County, Virginia.
The Property has been very well maintained and is priced well below replacement costs. This is a unique opportunity to purchase an existing, approved religious facility in the growing, Fairfax County, Virginia.
PROPERTY FACTS
| Price | $7,000,000 | Building Class | C |
| Price Per SF | $341.46 | Lot Size | 1.26 AC |
| Sale Type | Investment or Owner User | Building Size | 20,500 SF |
| Sale Condition | Redevelopment Project | No. Stories | 2 |
| Property Type | Specialty | Year Built/Renovated | 1940/1980 |
| Property Subtype | Religious Facility | Parking Ratio | 1.02/1,000 SF |
| Zoning | R5 | ||
| Price | $7,000,000 |
| Price Per SF | $341.46 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 1.26 AC |
| Building Size | 20,500 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1940/1980 |
| Parking Ratio | 1.02/1,000 SF |
| Zoning | R5 |
AMENITIES
- Wheelchair Accessible
- Air Conditioning
1 1
Bike Score®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 043.03-01-10 | Improvements Assessment | $1,100,000 |
| Land Assessment | $1,925,000 | Total Assessment | $3,025,000 |
PROPERTY TAXES
Parcel Number
043.03-01-10
Land Assessment
$1,925,000
Improvements Assessment
$1,100,000
Total Assessment
$3,025,000
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1400 Russell Rd
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