45685 Elmwood Ct
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45685 Elmwood Ct
13,750 SF Flex Building Sterling, VA 20166 $600,000 ($44/SF)
Investment Highlights
- Partial Interest Transfer
- Opportunity to Purchase Ownership in Fully Leased Property
Executive Summary
Partial interest transfer. opportunity to purchase 24.5% ownership in a building that is 100% occupied by Reston Limousine. The overall value of the property is appraised at $3.45 Million. The subject property is a flex/light industrial building that is 13,750 SF based on the appraiser’s measurements. It is comprised of a 7,500 SF two-story masonry office building with an attached 6,250 SF metal frame automotive service/repair garage with six roll-up garage doors. The improvements are in good condition with no observed deferred maintenance. There are paved and striped parking areas for approximately 100 vehicles. The subject consists of one parcel that is approximately 2.25 acres, or 98,010 square feet (SF).
Property Facts
| Price | $600,000 | Lot Size | 2.25 AC |
| Price Per SF | $44 | Rentable Building Area | 13,750 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Flex | Year Built | 2004 |
| Property Subtype | Light Manufacturing | Tenancy | Single |
| Building Class | B |
| Price | $600,000 |
| Price Per SF | $44 |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 2.25 AC |
| Rentable Building Area | 13,750 SF |
| No. Stories | 2 |
| Year Built | 2004 |
| Tenancy | Single |
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PROPERTY TAXES
| Parcel Number | 030-27-6827 | Improvements Assessment | $1,581,600 |
| Land Assessment | $1,078,100 | Total Assessment | $2,659,700 |
PROPERTY TAXES
Parcel Number
030-27-6827
Land Assessment
$1,078,100
Improvements Assessment
$1,581,600
Total Assessment
$2,659,700
zoning
| Zoning Code | PDGI (Planned Development-General Industrial, which is a zoning category for medium-intensity industrial uses with the potential for public nuisance.) |
| PDGI (Planned Development-General Industrial, which is a zoning category for medium-intensity industrial uses with the potential for public nuisance.) |
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45685 Elmwood Ct
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