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Office Space For Sale
For Sale
$1,200,000

102 South Alfred Street, Alexandria, VA 22314

Office property featuring 3,072 square feet of space.

Property Size3,072 SF
Price / SF$390.63
Days on Market331

Property Features for 102 South Alfred Street

General Information

Standard status Active
Size 3,072 SF
Class C
Property subtype Office

Building Details

Building Size 3,072 SF
Listing Agency: KLNB - Tysons
Listed By: Jack Regler
Source: Naiglobal
Added: Nov 21, 2025 Changed: Oct 3 Last Checked: Oct 16 at 7:10AM

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 KLNB - Tysons

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This property offers 3,072 square feet of office space and is available for sale.

Key Highlights

  • No property information was provided to extract selling points.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,132
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$822,640 $822.6K
Cap Rate 7%
$587,600 $587.6K
Cap Rate 9%
$457,022 $457.0K
Market Conditions
NOI Build-Up for 3,072 SF
Gross rent
$64.1K $20.88/SF
− Vacancy
−$9.3K −$3.03/SF
EGI
$54.8K $17.85/SF
− OpEx
−$13.7K −$4.46/SF
NOI
$41.1K $13.39/SF
Area
Alexandria, VA
Vacancy
14.50%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$822,640
Cap Rate 7%
$587,600
Cap Rate 9%
$457,022

Alternative Uses

Best Use
Office B
$587.6K
$514.2K – $685.5K (±1% cap)
NOI $41,132 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.71M
$1.49M – $1.99M (±1% cap)
NOI $119,439 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

value in staffing program Employment Agency Embassy Homeowners Insurance Construction Company Elite Auto Insurance Insurance Agency National Association-Community Health Association Or Organization

Suggested Use

Top Pick Auto Parts Store Electrical Service (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,128
Businesses Nearby

Demographics for 22314, VA

35,784
Population
21,154
Households
1.7
Avg Household Size
39
Median Age
79%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,671
Density / Sq Mi
$144,359
Median Household Income
$98,121
Median Earnings
$2,312
Median Rent
$856,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office units - Office property featuring 3,072 square feet of space.
Where is this office units located?
The property is located at 102 South Alfred Street Alexandria, VA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: No property information was provided to extract selling points.
More about this property
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