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8850 Richmond HighwayAlexandria, VA 22309MLS Number VAFX2103980

  • Price: $13,700,000
  • 19 Days on Market
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8850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 223098850 Richmond Highway Alexandria VA 22309
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  • 8.82Acreage
  • 1988Year Built
  • 202Price Per Square Foot
  • 2021Assessment Year
This is a GSA-approved secure building with an elevator. It is a 3-Level Low-Rise Office Building with Tons of Potential and a Huge Lot at a Prime Location. The lot alone is 8.8 acres (384,025 sf). The Total Building Sq Ft is 67,750. Plenty of parking spaces. A big opportunity is now a reality and is waiting for your vision. There are so many options to repurpose the existing building , knock it down and build an entirely new development, multi-family with mixed use or just multi-family, retirement community, major retailer, and much more. Currently, the building is leased to multiple tenants, and all tenants received notice to vacate. The last tenant is moving out at the end of October 2023. The reason for the notice was a previous contract that failed for development purposes. The goal was to knock down the building to potentally develop it into a multi-family unit. The buyer's financing fell through. Calling all developers, the zoning also allows for other development options such as apartments, multi-family, town homes, and buildings with commercial and residential space. The owners have approved a special exception to build two hotels on this site, but you, the developer, have complete control over what you do with the lot. There are major developments in the area, which will be ideal for any developer, and you can maximize your profit in a variety of ways. Don't miss this opportunity.
Listed by Gary P Simpson and Sebrin Adem, RE/MAX Allegiance

Driving Directions

Yeonas & Shafran Real Estate, LLC
Yeonas & Shafran Real Estate, LLC
Office: 703-790-3330
1309 Vincent Pl
McLean, VA 22101

More Info

Basic Information

  • Broker NameRE/MAX Allegiance
  • List Price$13,700,000
  • MLS NumberVAFX2103980
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot202
  • StatusACT

Building

  • Building Area SourceEstimated
  • Building Area Total67750
  • Construction MaterialsBrick
  • Garage Spaces
  • Num Attached Garage Spaces
  • Num Detached Garage Spaces
  • Total Garage And Parking Spaces200
  • Year Built1988

Tax Information

  • Assessment Year2021
  • County Tax133904
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount7318010
  • Tax Year2021
  • Taxes$152,360
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage8.82
  • Business TypeFlex
  • Lot Size SourceEstimated
  • Lot Size Square Feet384,025
  • Property SubTypeOffice
  • Zoning497
  • Zoning DescriptionC8

Amenities

  • Accessibility AmenitiesElevator

Parking

  • Assigned Parking Spaces
  • Parking TypesParking Lot

Basic Information

  • Date Listed11/18/2022

Location

  • Address8850 Richmond Highway
  • Building Number8850
  • CountyFairfax
  • DirectionsI 95/495 TOWARDS WW BRIDGE. TAKE EXIT 177 (ROUT 1 SOUTH, FORT BELVOIR). APPROX 5 MILES. BUILDING WILL BE ON THE RIGHT. (IMP Sign upfront)
  • StateVA
  • TownAlexandria
  • Zip22309

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Heat SystemHeat Pump(s)
  • Heating FuelCentral
  • Heating YNYes
  • SewerPublic Septic
  • Water HeaterMulti-tank
  • Water SourcePublic

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Copyright 2022 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated December 7, 2022. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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