8983 Hersand Dr, Unit 10 Burke, VA 22015-1689
- Office Properties & Spaces
- 2,016 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 8983 Hersand Dr
- Year built
- 1978
- Construction
- CONCRETE BLOCKS
- Property size
- 2,016 SF
- Zone code
- C-2(LIMITED OFFICE)
- Property type
- Office Properties & Spaces
- APN
- 069-4-16-0010
- APU
- 694160010
Description
This 2,000 sq ft, two-level office building in Burke, VA, offers a fantastic investment opportunity. Located in the heart of Burke Commons with partial road frontage, the property features a downstairs unit, previously leased at $2,250 per month, and an upstairs unit currently leased for $1,600 per month. The downstairs unit offers a former doctor's office layout with a reception area, bathroom, and three separate offices. The upstairs unit provides five separate offices, a bathroom, and ample storage, currently occupied by Autumn Leaf Adoption Counseling. Both units benefit from central heat and air conditioning, ample parking, and no front steps leading into the downstairs office. The solid brick construction and mature landscaping create a professional and safe environment. The property boasts a net operating income (NOI) of approximately $31,195 annually when both units are rented, and a net operating expense (NOE) of approximately $15,005 annually. Its versatile layout is suitable for various uses, including office space, retail, or medical practices. The property's prime location in Burke, within Fairfax County, provides easy access to numerous shops, restaurants, and amenities. This exceptional property presents a rare chance to acquire a high-yield commercial space in a thriving business community. The current lease on the upstairs unit ensures consistent rental income, while the vacant downstairs unit offers immediate potential for increased revenue.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $260,000
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Location Insight
- Map
- Local Demand
- City
- Burke
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.2562
- Latitude
- 38.8089
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA