7777 Richmond Highway, Alexandria VA 22306 Prime Commercial Land Opportunity on Richmond Highway 📍 Location: Situated in a bustling area of Alexandria along Route 1, just south of Fordson Road on the east side of Richmond Highway. 📏 Lot Details: * Consists of two contiguous lots, designated as 79A and 79B. * Total area: 38,525 square feet (approximately 0.884 acres). 🏢 Zoning: * 79B is Zoned as C-8 Highway Commercial District, per the 2023 Fairfax County tax assessment. * 79A is Zoned as R-2 Residential 2 DU/AC per the 2023 Fairfax County tax assessment. 💡 Development Potential: * An attached plan illustrates a proposed daycare development (although it was not built). However, the potential for other commercial uses exists. 🛠️ Suitable Uses: Consider the following business possibilities: * Automotive Service: Ideal for an auto repair shop or dealership. * Child Care: A daycare center could thrive in this location. * Business Services and Supply Services: Perfect for offices or supply-related businesses. * Craft Beverage Production: Explore opportunities for breweries or distilleries. * Drive-In Financial Institution: A bank or credit union could find this spot advantageous. * Garment Cleaning Establishments: Dry cleaners or laundry services. * Restaurants (Including Carry-Out): Food establishments can benefit from the high traffic. This land offers a strategic position for commercial ventures, and its proximity to major roads ensures visibility and accessibility.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (703) 518-8300
Listing Agent: Greg Doherty
Lot Features
Lot Information:
Lot Size: 0.88 Acres
Other
Directions Information:
Directions: North on Richmond Highway from Fort Belvoir
Price Information
Listing Price Info
Price Summary:
List Price: $1,090,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Alexandria, VA.
This property is $418.5K more than the Median Sold Price in Alexandria, VA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #VAFX2186072
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (703) 518-8300
Listing Agent: Greg Doherty
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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,508
Per Month
Principal & Interest
$5,441
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,334
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Hollin Meadows Elementary School
2310 Nordok Pl
Distance between this listing and this school0.75 miles
Public District Grades PK-6
2
/10
Mount Vernon Woods Elementary School
4015 Fielding St
Distance between this listing and this school0.87 miles
Public District Grades PK-6
3
/10
Hybla Valley Elementary School
3415 Lockheed Blvd
Distance between this listing and this school0.88 miles
Public District Grades PK-6
Nearby Schools
3
/10
Whitman Middle School
2500 Parkers Ln
Distance between this listing and this school0.65 miles
Public District Grades 7-8
3
/10
Sandburg Middle School
8428 Fort Hunt Rd
Distance between this listing and this school1.77 miles
Public Magnet Grades 7-8
6
/10
Twain Middle School
4700 Franconia Rd
Distance between this listing and this school3.38 miles
Public Magnet Grades 7-8
Nearby Schools
2
/10
Bryant High School
2709 Popkins Ln
Distance between this listing and this school1.20 miles
Public District Grades 9-12
4
/10
Mount Vernon High School
8515 Old Mount Vernon Rd
Distance between this listing and this school1.48 miles
Public District Grades 9-12
4
/10
West Potomac High School
6500 Quander Rd
Distance between this listing and this school2.01 miles
The neighbors living near this home have an average income of $40,020. The most common annual income of people living in Alexandria, VA is between $35k-100k. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7777 Richmond Hwy
What is the listing price of this property?
The listing price of 7777 Richmond Hwy property is $1,090,000.
What type of property is this?
The property 7777 Richmond Hwy is land located in Alexandria, Virginia, 22306.
Is this property for sale now?
Active Listing: 7777 Richmond Hwy is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7777 Richmond Hwy in Alexandria, VA and zip code 22306 in the Hybla Valley neighborhood. This home sits on a 0.88 acre lot. It has been listed on Rocket Homes since June 20, 2024 and is currently priced at $1,090,000.
While more than 85 listings in Alexandria, VA in November 2024 were sold above asking price, there were more than 72 listings sold at asking price, and more than 102 were sold below. The number of listings in Alexandria, VA decreased by 3.5% between October 2024 and November 2024. In November 2024 median list price was $671,449 and the average listing age was 23 days.
From Rocket Homes Real Estate and based on county public records data.