Combined Land Area of 20k for Sale in the City of Falls Church Listing Details & Market Data

703 & 705 Park Ave, Falls Church, VA 22046

  • For Sale $4,250,000
  • Property Type VacantLand
  • Lot Size 0.46 Acre
  • Date Updated Feb 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 Commercial

(703) 861-0373

Location

Getting Around

  • Walk Score ®

    Very Walkable (89)
  • Bike Score ®

    Very Bikeable (71)
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

  • 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

Contact Listing Broker

broker

Erik Ulsaker

Long & Foster Commercial

(703) 861-0373