Special Purpose Properties for Sale

Special purpose properties stand out in the commercial real estate market due to their unique designs and specialized functionality. These properties are custom-built for a specific use, such as religious buildings, theaters, schools, or healthcare facilities, making them a perfect fit for niche markets. Whether you need a state-of-the-art medical clinic or a performance-ready theater, these properties are crafted with the precise features required for seamless operation.

Investing in a special purpose property offers businesses and organizations an opportunity to secure a space that aligns perfectly with their needs. From industrial facilities with tailored configurations to community centers that foster local engagement, these properties cater to a wide range of industries. However, repurposing these spaces can be challenging, making it crucial to work with experts who understand their market dynamics.

Special Purpose Properties for Sale

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117 Elm Ave, TAKOMA PARK

$12,500,000

117 Elm Ave, TAKOMA PARK

0 Beds 0 Baths 37,620 SqFt Commercial Sale MLS® # MDMC2181186

Serhant

5001 Backlick Rd, ANNANDALE

$12,000,000

↓ $1,500,000

5001 Backlick Rd, ANNANDALE

0 Beds 0 Baths 5,444 SqFt Commercial Sale MLS® # VAFX2120992

Samson Properties

43181 Amberwood Plz, CHANTILLY

$8,975,000

43181 Amberwood Plz, CHANTILLY

0 Beds 0 Baths 9,888 SqFt Commercial Sale MLS® # VALO2107266

Serafin Real Estate

11326 Leesburg Pike, HERNDON

$8,000,000

↓ $2,000,000

11326 Leesburg Pike, HERNDON

0 Beds 0 Baths 21,000 SqFt Commercial Sale MLS® # VAFX1156028

Palisade Realty, Ltd.

14001 Harpers Ferry Rd, HILLSBORO

$7,500,000

14001 Harpers Ferry Rd, HILLSBORO

0 Beds 0 Baths 10,000 SqFt Commercial Sale MLS® # VALO2107320

Hunt Country Sotheby's International Realty

4150 Pleasant Valley Rd, CHANTILLY

$5,000,000

↓ $500,000

4150 Pleasant Valley Rd, CHANTILLY

0 Beds 0 Baths 11,000 SqFt Commercial Sale MLS® # VAFX2224058

NBI Realty LLC

9915 Apple Ridge Rd, GAITHERSBURG

$4,500,000

9915 Apple Ridge Rd, GAITHERSBURG

0 Beds 0 Baths 18,423 SqFt Commercial Sale MLS® # MDMC2183666

PraiseBuildings Religious Property

4551 Benning Rd Se, WASHINGTON

$3,975,000

4551 Benning Rd Se, WASHINGTON

0 Beds 0 Baths 14,681 SqFt Commercial Sale MLS® # DCDC2170136

Realty Transaction Services, LLC

12405 Cape Cod Ct, WOODBRIDGE

$3,950,000

12405 Cape Cod Ct, WOODBRIDGE

0 Beds 0 Baths 8,170 SqFt Commercial Sale MLS® # VAPW2096782

Serafin Real Estate

8609 Greenwood Ave, TAKOMA PARK

$3,850,000

↓ $400,000

8609 Greenwood Ave, TAKOMA PARK

0 Beds 0 Baths 5,680 SqFt Commercial Sale MLS® # MDMC2139102

Long & Foster Real Estate, Inc.

3005 Dower House Dr, HERNDON

$3,640,000

3005 Dower House Dr, HERNDON

0 Beds 0 Baths 7,902 SqFt Commercial Sale MLS® # VAFX2257680

Divaris Real Estate, Inc

216 Peyton St S, ALEXANDRIA

$3,600,000

216 Peyton St S, ALEXANDRIA

0 Beds 0 Baths 11,238 SqFt Commercial Sale MLS® # VAAX2043856

Serafin Real Estate

 

At CØMPASS, we specialize in connecting buyers and sellers of special purpose properties. Our extensive portfolio features unique spaces that are move-in ready or can be customized to your specifications. Whether you’re looking to acquire or sell a specialized property, we’ll guide you through every step, ensuring maximum value and a tailored solution for your business.

Explore your options today and discover how these unique commercial properties can elevate your operations to the next level.

More about Special Purpose Properties in the DMV

A special purpose property in commercial real estate refers to a property designed and constructed for a specific use that makes it challenging to adapt to other purposes without significant alterations. These properties often cater to niche markets or unique operational requirements.

Examples of Special Purpose Properties:

  1. Religious Buildings - Churches, mosques, and synagogues.
  2. Entertainment Venues - Theaters, amusement parks, and stadiums.
  3. Educational Facilities - Schools, universities, and research labs.
  4. Healthcare Facilities - Hospitals, surgical centers, and specialized clinics.
  5. Transportation Infrastructure - Airports, train stations, and bus depots.
  6. Industrial Properties - Power plants, manufacturing facilities, or warehouses with custom configurations.
  7. Hospitality - Hotels, resorts, and conference centers.
  8. Cultural/Community Spaces - Museums, libraries, and community centers.

Key Characteristics:

  • Limited Marketability: These properties typically appeal to a narrow pool of buyers due to their specialized design.
  • Custom Features: They often include custom construction or layouts (e.g., bowling alleys, ice rinks) that aren't easily convertible to other uses.
  • Valuation Complexity: Appraising these properties can be challenging because comparable sales are rare.

These properties are often valuable to users who need them for their intended purpose, but repurposing can be costly, impacting their market demand.