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3204 Old Pickett Rd 6,000 SF Vacant Retail Building Fairfax, VA 22031 $3,200,000 ($533.33/SF) 5.47% Cap Rate
Investment Highlights
- 6,000 SF freestanding retail building on a 0.40-acre lot.
- Excellent accessibility near I-66 and major retail corridors.
- Corner lot with signalized intersection and 17 parking spaces.
Executive Summary
Building comes as 100% leased. Great Investment opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,000 SF
Building Class
C
Year Built
1972
Price
$3,200,000
Price Per SF
$533.33
Cap Rate
5.47%
NOI
$175,040
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.40 AC
Zoning
C-2 - a commercial zoning district for limited office use
Parking
17 Spaces (2.83 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 48-3-07-00-001 | Improvements Assessment | $854,600 |
| Land Assessment | $864,900 | Total Assessment | $1,719,500 |
Property Taxes
Parcel Number
48-3-07-00-001
Land Assessment
$864,900
Improvements Assessment
$854,600
Total Assessment
$1,719,500
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3204 Old Pickett Rd
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