What Makes Alexandria Desirable?
Alexandria, Virginia, combines historical charm with modern convenience, making it a sought-after location for many. The city offers a diverse range of activities and amenities, from the historic Old Town Alexandria, with its cobblestone streets and vibrant waterfront, to the bustling shopping and dining options throughout the area. Alexandria is known for its excellent quality of life, with numerous parks, cultural institutions, and recreational activities available to residents. The community at 4500 Franconia Rd, Alexandria, provides an excellent example of the benefits of living in this area, offering a comfortable living space within a short distance to key attractions and amenities.
In the community surrounding 4500 Franconia Rd, homes are on the market for an average of 24 days, suggesting a strong demand for properties in this area. The average living area is 1,533 square feet, with an average price per square foot of $464. With properties ranging from $2,000 to $10,000,000, there is a wide range of options available for prospective buyers. The amenities and benefits of living in this community include proximity to major transportation networks, providing easy access to Washington D.C., Old Town Alexandria, National Harbor, and the new Amazon HQ2, along with multiple metro/subway stations, Reagan International Airport, I-495, and a variety of restaurants and shopping centers.
4500 Franconia Rd, Alexandria, VA, presents an investor opportunity with the value largely in the land. The 1.12-acre lot offers potential for subdivision and development, with the possibility of constructing multiple residential units. The property currently has a tenant, providing instant cash flow for the investor. This location is minutes from DC, Old Town Alexandria, National Harbor, and the new Amazon HQ2, and is conveniently located close to transportation options, making it an attractive option for development.
Properties similar in price to 4500 Franconia Rd include:
- $1,150,000 at 312 S Columbus St in Old Town, offering a blend of historic charm and modern amenities.
- $1,030,000 at 7617 Leith Pl in Mason Hill, providing spacious living in a serene setting.
- $1,150,000 at 7210 Regent Dr in Villamay, featuring luxurious homes with waterfront views.
- $1,050,000 at 309 S Columbus St in Old Town Alexandria, located in the heart of Alexandria's historic district.
For further inquiries, John Newsome is available to assist. Contact us at (703)765-0300.
Learn More About John Newsome
John Newsome, a real estate agent with years of experience in the Alexandria area, is dedicated to helping clients find their ideal home. With a deep understanding of the local market, John can provide insights into the best properties and neighborhoods to suit your needs. Whether you're looking for a historic home in Old Town or a modern residence near the waterfront, John's expertise can guide you through the buying process with ease. Contact John for personalized assistance and to explore the diverse range of properties available in Alexandria.
