Medical Office Condo in Medical
8622-B LEE Highway Fairfax, VA 22031
8622-B LEE Highway, Fairfax, VA, 22031
$585,000
For Sale
$585,000
Commercial Sale - FAIRFAX, VA
Property Size1,700 SF
Price / SF$344.12
Days on Market174
Property Features for 8622-B LEE Highway
General Information
- Property type
- Other
- Property subtype
- Office
- Parking features
- Driveway
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 4599
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1988
- Building materials
- Brick
Listing agency
United Realty, Inc.
(703) 204-1188
Listed by
Tony O Yeh · License #0225110440
(202) 257-0830
Added: Jan 30 Updated: May 4 at 8:09PM Checked: Jul 23 at 2:06AM
MLS# VAFX2287994
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.
This offering is a medical office condo (approximately 1,700 SF) for sale, currently set up for an OBGYN and skin rejuvenation practice. The sale includes all furniture, fixtures, and equipment, as well as the real estate.
The property is located along Lee Highway within a dedicated medical office park. The listing notes low fees of $400 and convenient access to nearby interstates including 495 and 66.
For parties seeking an owner-occupied or suite-based setup in a medical office environment, this condo provides a turnkey, practice-ready configuration as presented in the listing materials.
The property is located along Lee Highway within a dedicated medical office park. The listing notes low fees of $400 and convenient access to nearby interstates including 495 and 66.
For parties seeking an owner-occupied or suite-based setup in a medical office environment, this condo provides a turnkey, practice-ready configuration as presented in the listing materials.
Key Highlights
- Medical condo approx. 1,700 SF in a dedicated medical office park on Lee Hwy
- Brick construction with forced‑air heating and central air conditioning
- Includes all furniture, fixtures, and equipment, plus the real estate
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 | $50.2k | $29.52 |
| − Vacancy | −$7.3k | −$4.28 |
| EGI | $42.9k | $25.24 |
| − OpEx | −$10.7k | −$6.31 |
| NOI | $32.2k | $18.93 |
1,700 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$459.7K
$402.3K – $536.3K
NOI $32,180 @ 7.0% cap · market cap 5.50%
Second Best
Healthcare Medical
$442.5K
$387.2K – $516.3K
NOI $30,977 @ 7.0% cap · market cap 5.30%
Theoretical Best
Specialty Retail
$7.13M
$6.24M – $8.31M
NOI $498,818 @ 7.0% cap · market cap 85.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- CVCA Cardiac Care For Pets — 8500 Arlington Blvd, Fairfax, VA 22031
- VCA SouthPaws Veterinary Specialists & Emergency Center — 8500 Arlington Blvd, Fairfax, VA 22031
- Nancy Bromberg — 8500 Arlington Blvd, Fairfax, VA 220314604
- Monika Jankowski — 8500 Arlington Blvd, Fairfax, VA 220314604
- Kristen Marshall — 8500 Arlington Blvd, Fairfax, VA 220314604
FAQs
What type of property is this?
Medical Office Space - Medical condo in a dedicated office park sold with furniture, fixtures, and equipment, supporting an OBGYN/skin rejuvenation practice.
Where is this medical office space located?
The property is located at 8622-B LEE Highway Fairfax, VA.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Medical condo approx. 1,700 SF in a dedicated medical office park on Lee Hwy; Brick construction with forced‑air heating and central air conditioning; Includes all furniture, fixtures, and equipment, plus the real estate
