Connected Office
8407-D & E RICHMOND Highway Alexandria, VA 22309
8407-D & E RICHMOND Highway, Alexandria, VA, 22309
$680,000
For Sale
$680,000
Commercial Sale - ALEXANDRIA, VA
Property Size2,304 SF
Price / SF$295.14
Days on Market15
Property Features for 8407-D & E RICHMOND Highway
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 16
- Parking features
- Assigned, Garage
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 6788
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1985
Listing agency
CENTURY 21 New Millennium
(703) 556-4222
Listed by
Stephanie A Young · License #0225212438
(571) 223-9775
Added: Jul 9 Updated: Jul 17 at 1:04PM Checked: Jul 23 at 5:06AM
MLS# VAFX2327094
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.
Two adjacent, connected commercial office condos are offered for sale in Potomac Square, an established condominium office park. Suites D and E are currently configured as a single office space, with a welcome/reception area, a conference room, a functional kitchen/break room, two bathrooms, and a combination of eight private offices alongside copy and filing storage areas. Built in 1985 and zoned C-5 (Neighborhood Retail Commercial District), the property supports a broad range of by-right neighborhood-serving uses, including professional and business offices, personal service establishments, retail sales, financial institutions, restaurants, medical establishments, repair service establishments, private clubs, and other similar uses. A current interior opening connects Suites D and E, creating a contiguous layout for an owner-operator.
The suites are located along the busy Richmond Highway (Route 1) corridor in the Mount Vernon area of Alexandria, providing convenient access to I-95, I-495, and the Fairfax County Parkway. The location also offers proximity to major regional employment and healthcare, including Fort Belvoir, Inova Mount Vernon Hospital, and Fort Belvoir Community Hospital. Staff and visitors benefit from nearby retail and dining options, including Mount Vernon Plaza and the Beacon Center featuring Target and Home Depot, along with close access to Huntington Metro Station and attractions in the Old Town Alexandria and National Harbor areas.
For tenants or owner-operators, the current configuration supports use as one larger office suite with shared common amenities and internal connectivity. For an investor or multi-tenant operator, the interior opening presents the opportunity to return the space to two fully independent, self-contained units, with each suite capable of operating separately.
The suites are located along the busy Richmond Highway (Route 1) corridor in the Mount Vernon area of Alexandria, providing convenient access to I-95, I-495, and the Fairfax County Parkway. The location also offers proximity to major regional employment and healthcare, including Fort Belvoir, Inova Mount Vernon Hospital, and Fort Belvoir Community Hospital. Staff and visitors benefit from nearby retail and dining options, including Mount Vernon Plaza and the Beacon Center featuring Target and Home Depot, along with close access to Huntington Metro Station and attractions in the Old Town Alexandria and National Harbor areas.
For tenants or owner-operators, the current configuration supports use as one larger office suite with shared common amenities and internal connectivity. For an investor or multi-tenant operator, the interior opening presents the opportunity to return the space to two fully independent, self-contained units, with each suite capable of operating separately.
Key Highlights
- Two adjacent connected commercial office condos (Suites D and E) totaling 2,304 sq ft
- Suites D and E each include reception/welcome area, eight private offices (total), conference room, two bathrooms, and kitchen/break room
- Interior opening currently connects Suites D and E; could be used as one large contiguous suite or re‑separated to create two 1,152 sq ft units
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 | $48.1k | $20.88 |
| − Vacancy | −$7.0k | −$3.03 |
| EGI | $41.1k | $17.85 |
| − OpEx | −$10.3k | −$4.46 |
| NOI | $30.8k | $13.39 |
2,304 SF · lease $20.88/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$440.7K
$385.6K – $514.2K
NOI $30,849 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.28M
$1.12M – $1.49M
NOI $89,580 @ 7.0% cap · market cap 13.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Two adjacent office suites in a condominium office park, configured with reception, private offices, and flexible office/retail zoning.
Where is this office units located?
The property is located at 8407-D & E RICHMOND Highway Alexandria, VA.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Two adjacent connected commercial office condos (Suites D and E) totaling 2,304 sq ft; Suites D and E each include reception/welcome area, eight private offices (total), conference room, two bathrooms, and kitchen/break room; Interior opening currently connects Suites D and E; could be used as one large contiguous suite or re‑separated to create two 1,152 sq ft units
