Map of Property

Combined Land Area of 20k for Sale in the City of Falls Church

703 & 705 Park Ave, Falls Church, VA 22046

  • For Sale $4,250,000
  • Property Type VacantLand
  • Lot Size 0.46 Acre
  • Date Updated Apr 10, 2024
Located in the city of Falls Church, on Park Ave, one block from Route 7.703 & 705 Park Avenue represent a unique development opportunity in the highly coveted City of Falls Church. With a total land area of 20,002 square feet and T-1 Zoning, the properties are currently improved by two commercial buildings, a 1,724 square foot building at 703 Park Ave and a 2,581 square foot building at 705 Park Ave, respectively. The City of Falls Church recently passed a zoning amendment for T-1 zoned properties, thereby increasing the density potential for residential development, which most likely represents the highest and best use. An investor may also utilize the existing properties as a covered land play while refining their development plans. Priced at $4,250,000, this offering taps into the existing strong market demand for housing, in an urban environment where residential housing commands a premium.

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Attachments

Highlights

  • Sales Price: $4,250,000
  • Combined lot size of 20,002 SF
  • T-1 Zoning

Contacts

broker

Erik Ulsaker

Long & Foster Real Estate

(703) 861-0373

Location

Getting Around

  • Walk Score ®

    89/100 Very Walkable

  • Bike Score ®

    71/100 Very Bikeable
Powered by Walk Score ®
  • City Falls Church, VA
  • Zip Code 22046
  • Market Washington DC Suburban Maryland

Points of Interest

  • West Falls Church Metro

    0.95 miles

  • West Falls Church Metro Station

    1.00 miles

  • West Falls Church–VT/UVA

    1.03 miles

  • East Falls Church

    1.17 miles

  • Dunn Loring–Merrifield

    2.70 miles

  • Dunn Loring

    2.72 miles

  • McLean

    3.03 miles

  • Tysons Corner

    3.25 miles

  • Ballston Metro Elevator

    3.59 miles

  • Ballston–MU

    3.63 miles

  • Exxon

    0.23 miles

  • Citgo

    0.68 miles

  • Washington & Lee Exxon

    0.98 miles

  • Liberty

    1.29 miles

  • Exxon

    1.33 miles

  • Shell

    1.38 miles

  • Sunoco

    1.47 miles

  • Crown

    1.49 miles

  • Mobil

    1.72 miles

  • Exxon

    1.72 miles

  • St. James School parking lot

    0.08 miles

  • St. James School parking lot

    0.14 miles

  • Kaiser Garage

    0.53 miles

  • George Mason Square Parking Garage

    0.55 miles

  • Carpark

    0.59 miles

  • Univ

    0.81 miles

  • Visitors

    0.85 miles

  • Virginia Tech/UVA

    0.91 miles

  • Handicapped

    0.91 miles

  • West Falls Church Metro Station Parking

    0.91 miles

  • Hilton Garden Inn

    0.05 miles

  • Inns of Virginia Hotel

    0.19 miles

  • Stratford Motor Lodge (closed)

    0.37 miles

  • Stratford Motor Lodge

    0.38 miles

  • Quarry Inn

    0.65 miles

  • Econo Lodge

    0.88 miles

  • Governor House Inn

    1.26 miles

  • Motel 6 Falls Church

    1.27 miles

  • Clarion Inn

    1.35 miles

  • Hampton

    1.41 miles

  • Famille

    0.06 miles

  • The locker room (closed)

    0.07 miles

  • Sfizi Cafe

    0.09 miles

  • Space Bar

    0.10 miles

  • Papa John's

    0.11 miles

  • Moby Dick - House of Kabob

    0.11 miles

  • Koi Koi Sushi & Roll

    0.13 miles

  • Panera Bread

    0.13 miles

  • Einstein Bros. Bagels

    0.25 miles

  • Liberty Barbecue

    0.29 miles

  • Saint James Catholic School

    0.16 miles

  • Saint Joseph's School

    0.20 miles

  • Oak Street Elementary School

    0.44 miles

  • kids first swim school

    0.57 miles

  • Kaye Kare Child Care

    0.63 miles

  • Mount Daniel Elementary School

    0.64 miles

  • Columbia Baptist Child Development Center

    0.65 miles

  • Falls Church Episcopal School

    0.65 miles

  • Northern Virginia Center (Virginia Tech / University of Virginia)

    0.84 miles

  • Meridian High School

    0.99 miles

  • The Jo Ann & Carl McNair Community Child Development Center

    0.81 miles

  • Westover Baptist Preschool

    2.22 miles

  • Trinity Presbyterian Preschool

    2.50 miles

  • Saint Philip Early Childhood Center

    2.51 miles

  • Rockspring Cooperative Preschool

    2.58 miles

  • FAZ Creative Education Center

    2.77 miles

  • Children's House Montessori School

    2.95 miles

  • Tysons Corner Children's Center

    3.66 miles

  • A Child's Place

    3.76 miles

  • Carousel Childcare

    3.78 miles

Frequently Asked Questions

What is the lease rate for Combined Land Area of 20k for Sale in the City of Falls Church?

Rental asking rate at Combined Land Area of 20k for Sale in the City of Falls Church is $2,125,000.00/YR.

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Contact Listing Broker

broker

Erik Ulsaker

Long & Foster Real Estate

(703) 861-0373