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    First-Floor Office Condominium Suite Title is generated by Realmo AI

    103-5623 Columbia Pike, Falls Church, VA

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    For Sale
    $425,000

    Street-level suite in Rock Spring Professional Center with ample surface parking and flexible professional use for owner-users or investors.

    Property size:
    1,000 SF
    Price / SF:
    $425/SF
    Added:
    Apr 13, 2026
    Days on Market:
    86
    Last Refresh:
    Jun 21 at 2:00 am

    Property Features for 103-5623 Columbia Pike

    General Information

    Standard status
    Active
    Size
    1,000 SF

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    Almaz Gebrehiwot
    Almaz Gebrehiwot

    Listing office Samson Properties

    Listing date Apr 13, 2026

    Source Exprealty

    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

    HighLights

    • First‑floor street‑level office condo (Unit 123) in Rock Spring Professional Center at Columbia Pike and Bailey’s Crossroads
    • Approximately 1,000 SF of functional space suited for a range of professional or retail uses
    • Previously used as a pharmacy and professional office space, offering flexibility with minimal reconfiguration
    • Directly along Columbia Pike with signage potential and exposure to daily traffic counts
    • Ample surface parking for clients and staff
    • Convenient access to I‑395, Route 50, and I‑495; minutes to Washington, D.C., Arlington, and Alexandria

    Overview

    Suite 123 is a first-floor office condominium located within the established Rock Spring Professional Center. The street-level, approximately 1,000 SF space is designed for client-facing operations alongside private workspace, supporting a professional or retail-style business layout. The unit has previously been used as a pharmacy and professional office space, which may help reduce the amount of reconfiguration needed for compatible uses.

    The suite sits directly along Columbia Pike at the intersection of Columbia Pike and Bailey’s Crossroads, supporting strong visibility and signage potential. It is positioned within a professional, well-maintained office community and includes ample surface parking for clients and staff, an important convenience for daily visitation.

    For tenants, owner-users, or investors seeking a flexible commercial footprint in a built professional center, Suite 123 offers a street-level option that can fit a range of business types such as medical, legal, accounting, insurance, or boutique service operations. Its combination of functional interior space, direct corridor exposure, and on-site parking makes it a practical choice for establishing or expanding a local presence in the Falls Church area.

    Local Financial Insights For Retail

    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 $40.6k $40.56
    − Vacancy −$1.4k −$1.38
    EGI $39.2k $39.18
    − OpEx −$11.8k −$11.75
    NOI $27.4k $27.43
    1,000 SF · lease $40.56/SF/yr · vacancy 3.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $391.8K
    $342.8K – $457.1K (±1% cap)
    NOI $27,427 @ 7.0% cap · market cap 6.45%
    Second Best
    Office B
    $270.4K
    $236.6K – $315.5K (±1% cap)
    NOI $18,930 @ 7.0% cap · market cap 4.45%
    Theoretical Best
    Specialty Retail
    $4.19M
    $3.67M – $4.89M (±1% cap)
    NOI $293,423 @ 7.0% cap · market cap 69.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Law Firm Real Estate Agency Hair Salon Building Supply Nail Salon Big Box & Wholesale Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Barber Shop Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Falls Church
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.206935
    Latitude
    38.880352

    FAQs

    What type of property is this?
    Office units - Street-level suite in Rock Spring Professional Center with ample surface parking and flexible professional use for owner-users or investors.
    Where is this office units located?
    The property is located at 103-5623 Columbia Pike Falls Church, VA.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: First‑floor street‑level office condo (Unit 123) in Rock Spring Professional Center at Columbia Pike and Bailey’s Crossroads; Approximately 1,000 SF of functional space suited for a range of professional or retail uses; Previously used as a pharmacy and professional office space, offering flexibility with minimal reconfiguration
    More about this property
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