Jack Taylor’s Alexandria Toyota sold for $35 million to a Maryland company last month, and the dealership is keeping the name “Alexandria Toyota.”
Waldorf-based Kody Holdings, which owns a dozen auto dealerships in Maryland, bought the dealership at 3750 Richmond Highway on November 21.
The 390,000-square-foot property is worth $25.3 million, according to a January 2022 assessment. Taylor built the current dealership on the lot in 2000, and five years later it was worth $6.2 million, according to city records.
Taylor is a Living Legend of Alexandria and is well known for his philanthropic efforts, especially with the Scholarship Fund of Alexandria. The son of a Fairfax County Sheriff, he served in the Army during the Vietnam War and afterward got into the car business by partnering with Bill Page Toyota. He bought out his partner in 1984 and became the sole owner of the dealership.
Kody Holdings and Taylor did not respond to requests for comment.
Photo via Alexandria Toyota/Facebook
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