731 WALKER Road Great Falls, VA 22066
Commercial Sale - GREAT FALLS, VA
Property Features for 731 WALKER Road
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 12
- Parking features
- Parking Lot
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 10397
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1984
- Building materials
- Brick
Listing agent Bonnie H Wolfe License #0225078568 (703) 930-5692
Listing office Samson Properties 14291 Park Meadow Drive unit: 500, Chantilly, VA (703) 378-8810
Listing date Jun 28, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is prominently positioned near the intersection of Georgetown Pike and Walker Road, with illuminated building signage above the entrances. The Great Falls Business Center includes 16 individually owned commercial condominium units occupied by a mix of professional and retail businesses, with professionally managed common areas maintained by the condominium association.
Zoned for both office and retail uses, the asset supports a broad range of business activities and can be structured for multi-tenant operation or consolidated as a larger owner-user footprint. With existing leased tenancy in two of the units, this is a practical option for buyers seeking a managed condominium setting in Great Falls, VA.
Key Highlights
- 2600 SF commercial property in Great Falls Business Center with three individual office condominium units
- Brick construction with central heating and central air
- Units A‑2 and B‑2 are contiguous upper‑level units connected internally; end unit A‑2 includes an open area and a restroom
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.8k | $29.52 |
| − Vacancy | −$11.1k | −$4.28 |
| EGI | $65.6k | $25.24 |
| − OpEx | −$16.4k | −$6.31 |
| NOI | $49.2k | $18.93 |
