Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Springfield Office Space For Sale Title is generated by Realmo AI

    8136 OLD KEENE MILL Road, Springfield, VA 22152

    View on Map
    Claim this Listing
    For Sale
    $413,367

    Commercial Sale - SPRINGFIELD, VA

    Type:Office
    Added:
    Apr 3, 2025
    Days on Market:
    415
    Last Refresh:
    May 22 at 6:06 am

    Property Features for 8136 OLD KEENE MILL Road

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active

    Taxes and HOA fees

    Tax Annual Amount
    4698

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    1972
    Number of units
    1
    Building materials
    Brick

    We can help!

    Listing Contact
    Vincent L Alexander

    Listing agent Vincent L Alexander License #0225076619

    Listing office Wellborn Management Co., Inc. 11250 ROGER BACON Drive unit: 20, RESTON, VA

    Listing date Apr 3, 2025

    MLS# VAFX2231896

    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.

    HighLights

    • 1,872 SF of office space suitable for medical, office, or general use.
    • Includes multiple private offices and a large conference room.
    • Features a large open waiting area and a large kitchenette.
    • Located on the second floor, right off the elevator.
    • Constructed with durable brick.
    • Equipped with Heat Pump for both Heating and Cooling.

    Overview

    This commercial property offers 1,872 square feet of office space located on the second floor. The layout includes multiple private offices, a large conference room, a spacious open waiting area, and a large kitchenette. The suite is conveniently situated right off the elevator. The property is located in Springfield, Virginia, within Fairfax County. It is suitable for medical use, general office purposes, or other office-related businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Impress Eyebrows Threading Hair Salon Hutton Chiropractic Health ... Alternative Medicine Practice Peter V. Boyer, ... Alternative Medicine Practice Craytek Consultant Allergy Partners of Metro ... Medical Clinic

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.22708
    Latitude
    38.781

    Nearby Similar for Sale

    • $150,000
      1,037 SF

      Turnkey Office Space in Springfield

      1,037 SF office suite with flexible layout and amenities.
      6116 ROLLING Road, SPRINGFIELD, VA 22152
      View Details
    • $265,000

      Updated Office Space in Springfield

      Updated office with reception, private rooms, and convenient location.
      8340 TRAFORD LN #8340, SPRINGFIELD, VA 22152
      View Details
    • $500,000

      SPRINGFIELD, VA Office Condo

      Two-level office condo in a desirable location with tenant.
      6213 OLD KEENE MILL Court, SPRINGFIELD, VA 22152
      View Details
    • $999,990

      Springfield Office Space Available

      Professional office space in Springfield, move-in ready, excellent commuter access.
      5524 NW HEMPSTEAD Way 23G, Springfield, VA 22151
      View Details
    • $150,000
      2,800 SF

      Korean BBQ Restaurant Opportunity

      Korean BBQ restaurant for sale in Springfield, Virginia.
      7215 COMMERCE Street, SPRINGFIELD, VA 22150
      View Details
    • $999,990

      Renovated Springfield Office Space Available

      Move-in ready office space with excellent commuter access.
      5524 -300 Nw Hempstead Way #23g, SPRINGFIELD, VA 22151
      View Details
    • $10,890,000
      36,341 SF

      Medical and Professional Office Portfolio

      Two-building medical and professional office portfolio in Alexandria, VA.
      6400 Grovedale Rd, Springfield, VA
      View Details
    • Contact for pricing
      230,602 SF

      Springfield Office Buildings For Sale

      Two office buildings in Springfield, VA, near VRE station.
      6800-6850 Versar Ctr, Springfield, VA
      View Details
    • $425,000
      1,880 SF

      Two-Level Office Space Investment

      Tenant-occupied office space near I-495, great investment opportunity.
      7013 Backlick Court, Springfield, VA 22151
      View Details
    • Contact for pricing
      1,800 SF

      Industrial Unit on Fullerton Road

      Industrial/warehouse/office unit with street exposure and parking.
      7516 Fullerton Road Unit 1, Springfield, VA 22153
      View Details
    • Contact for pricing
      991 SF

      Springfield Office Building For Lease

      122,280 SF office building in Springfield, VA.
      6800 Versar Ctr, Springfield, VA
      View Details
    • Contact for pricing
      230,602 SF

      Springfield Office Buildings for Sale

      Office buildings in Springfield, VA, near Backlick Road station.
      6850 Versar Center, Springfield, VA
      View Details

    FAQs

    What type of property is this?
    Office units - 1,872 SF office space suitable for medical or general use.
    Where is this office units located?
    The property is located at 8136 OLD KEENE MILL Road Springfield, VA.
    What is the asking price?
    The asking price for this property is $413,367.
    What are key features of this property?
    This property features: 1,872 SF of office space suitable for medical, office, or general use.; Includes multiple private offices and a large conference room.; Features a large open waiting area and a large kitchenette.
    (703) 464-7009
    We can help!
    Listing Contact
    Vincent L Alexander
    Real Estate License ID: 0225076619
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8136 OLD KEENE MILL Road, SPRINGFIELD, VA 22152
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!