Two-Suite Office
10134 Colvin Run Road #G & H, Great Falls, VA 22066
For Sale
New
$649,000
Separate entrances and restrooms allow the space to function as two independent office suites.
Property Size2,600 SF
Price / SF$249.62
Days on Market4
Property Features for 10134 Colvin Run Road #G & H
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Public Transit
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
skylights
conference room
full kitchen
built-in cabinetry
central rotunda
Building Details
Building Size
Year Built
Listing Agency:
Samson Properties
Listed By:
Bonnie H Wolfe · License VA #0225078568
(703) 930-5692
Source:
Johnstonrhodesrealestate
Added: Nov 11
Last Checked: Nov 13 at 11:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Samson Properties
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Investment Insights
Based on property information with market context.
This 2,600-square-foot office condominium, built in 1986, has a central rotunda and a layout that can serve one occupant or two separate suites. Locking doors divide access to the shared conference room and kitchen. The interior also includes private offices, skylights, built-in cabinetry and wood trim, with a restroom and entrance at each end of the space.
The property has two access points from Route 7, also known as Leesburg Pike, and is near Great Falls Village Centre, Safeway, Starbucks, restaurants, banks, the post office and Great Falls Library. Tysons and Reston are nearby, with access to Dulles International Airport, the Silver Line Metro and I-495. The zoning designation is C-8, Highway Commercial District.
The property has two access points from Route 7, also known as Leesburg Pike, and is near Great Falls Village Centre, Safeway, Starbucks, restaurants, banks, the post office and Great Falls Library. Tysons and Reston are nearby, with access to Dulles International Airport, the Silver Line Metro and I-495. The zoning designation is C-8, Highway Commercial District.
Key Highlights
- 2,600‑square‑foot office condominium built in 1986
- Layout can accommodate one occupant or two independent office suites
- Two entrances and a restroom at each end; locking doors divide shared conference room and kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,217
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$984,340
$984.3K
Cap Rate 7%
$703,100
$703.1K
Cap Rate 9%
$546,856
$546.9K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$76.8K $29.52/SF
− Vacancy
−$11.1K −$4.28/SF
EGI
$65.6K $25.24/SF
− OpEx
−$16.4K −$6.31/SF
NOI
$49.2K $18.93/SF
Area
Fairfax County, VA
Vacancy
14.50%
Lease Rate
$29.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$984,340
Cap Rate 7%
$703,100
Cap Rate 9%
$546,856
Alternative Uses
Best Use
Office B
$703.1K
$615.2K – $820.3K
NOI $49,217 @ 7.0% cap · market cap 7.58%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.44M
$1.26M – $1.68M
NOI $101,088 @ 7.0% cap · market cap 15.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 22066, VA
18,165
Population
5,852
Households
3.1
Avg Household Size
45
Median Age
85%
College-Educated
99%
High-School Grad
25.6 sq mi
ZIP Area
710
Density / Sq Mi
$250,001
Median Household Income
$123,162
Median Earnings
$3,501
Median Rent
$1,240,100
Median Home Value
Market
Average Price Trend$/SF for Office Units in Great Falls, VA
Properties on Market for Office Units in Great Falls
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Separate entrances and restrooms allow the space to function as two independent office suites.
Where is this office unit located?
The property is located at 10134 Colvin Run Road #G & H Great Falls, VA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 2,600‑square‑foot office condominium built in 1986; Layout can accommodate one occupant or two independent office suites; Two entrances and a restroom at each end; locking doors divide shared conference room and kitchen
