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6341 S Kings Hwy

0.76 Acres of Commercial Land Offered at $1,300,000 in Alexandria, VA 22306

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Investment Highlights

Lots of natural light. Located close to Highway US 1 in Penn Daw neighborhood of Alexandria

Executive Summary

PRICE ADJUSTMENT! (SELLER WILL CONSIDER ALL REASONABLE OFFERS) for this lot has been reduced from $1.8M to $1.5M or $45.31 per land square foot. TY 2022 taxes: $5,476.00. Operating expenses: $0.00. Fantastic opportunity for owner/Operator to own their own location in the Penn Daw neighborhood of Alexandria! This 33,209 square foot parcel (0.76 acres) is located in the expanding Penn Daw section of Fairfax County (south Alexandria, South Alex). Zoned C-2 commercial with a maximum building height of 40 feet and a maximum FAR (floor area ratio) of 0.50 the property is allowed.
Permitted uses for C-2: Office building, Adult or child Daycare centers and private schools, Utilities Facility, Financial Institution, Massage Therapy, or Small Health Care facility. Easement is in place for all utility lines and Ingress/Egress. The property is located in the Penn Daw station of the proposed Richmond Highway BRT (Bus Rapid Transit) system which will run from Huntington Metrorail Station to Fort Belvoir, VA. It also benefits from the Fairfax County Embark Richmond Highway study focused on creating development and Job opportunities along the Richmond Highway Corridor. Location is walking distance to the Huntington and Eisenhower Metro stations.

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Fairfax County Zoning Ordinance - C2 PERMITED USES

6341 S.KINGS DEMOGRAPHICS REPORT

Taxes & Operating Expenses (Actual - 2022)	Annual	Annual Per AC
Taxes	$5,476	$7,182.58
Operating Expenses	-	-
Total Expenses	$5,476	$7,182.58

Taxes & Operating Expenses (Actual - 2022)

Taxes
Annual	$5,476
Annual Per AC	$7,182.58

Operating Expenses
Annual	-
Annual Per AC	-

Total Expenses
Annual	$5,476
Annual Per AC	$7,182.58

Property Facts

Price	$1,300,000	Property Subtype	Commercial
Sale Type	Owner User	Proposed Use	Office Daycare Center
No. Lots	1	Total Lot Size	0.76 AC
Property Type	Land

Price	$1,300,000
Sale Type	Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Office Daycare Center
Total Lot Size	0.76 AC

1 Lot Available

Lot

Price	$1,300,000	Lot Size	0.76 AC
Price Per AC	$1,705,200

Price	$1,300,000
Price Per AC	$1,705,200
Lot Size	0.76 AC

PRICE ADJUSTMENT!!: Offc or Daycare LOT in the Penn Daw section of Alex. .76 AC UG utilities strung to the site and an easement set up for Ingress/Egress. Zoned C-2 (Day care, office, private school, Utilities ). See Sales Notes.

Description

Lot for Office Building or Daycare Center in the growing Penn Daw section of Alexandria is expanding and needs a new daycare center. This .75 AC lot currently has utilities strung to the site and an easement set up for Ingress/Egress. Zoned C-2 (Day care or office). Building FAR in FFx Co. is .50 on this 33,209 Sqft. lot. This .75 AC Lot is zoned C-2. C2 allows for a Day care center and a number of other "by-right" uses. "Embark Richmond Highway" and development in this area is bring in more multi-family housing. Benefit from all the development in the Penn-Daw neighborhood of Alexandria.

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6341 S Kings Hwy, Alexandria, VA - aerial map view

Walk Score ®

Very Walkable (70)

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PROPERTY TAXES

Parcel Numbers	Multiple 0833-05010023 0833-0501-B2	Total Assessment	$3,988,930 (2023)
Land Assessment	$1,260,280 (2023)	Annual Taxes	$5,476
Improvements Assessment	$2,728,650 (2023)	Tax Year	2022 Payable 2022