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Second-Floor Office Condo
For Sale
$289,000

10509 BRADDOCK RD #2D 2D, Fairfax, VA 22032

Move-in-ready office setting with private rooms, furnishings, a wet bar kitchen, and an in-unit restroom.

Property Size1,200 SF
Price / SF$240.83
Days on Market89

Property Features for 10509 BRADDOCK RD #2D 2D

General Information

Standard status Active
Size 1,200 SF

Space & Availability

Floor 2
Furnished Yes
Listing Agency: Samson Properties
Listed By: Rajan Lalwani · License #0225256931
Source: Hostetterrealty
Added: Jul 20 Changed: Oct 6 Last Checked: Oct 14 at 10:32PM

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 1,200-square-foot office condominium occupies the second floor and is configured with individual office suites. Furnishings convey with the sale, and the unit includes a wet bar kitchen and a private restroom. The space is described as move-in ready for an office user seeking an existing buildout.

The property faces Braddock Road at 10509 Braddock Road, Suite 2D, in Fairfax, Virginia. It is near George Mason University and next to a shopping center, placing the office within a setting that combines roadway exposure with nearby retail services.

Key Highlights

  • 1,200‑square‑foot second‑floor office condominium
  • Individual office suites within the unit
  • Furnishings included with the sale

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,716
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,320 $454.3K
Cap Rate 7%
$324,514 $324.5K
Cap Rate 9%
$252,400 $252.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$35.4K $29.52/SF
− Vacancy
−$5.1K −$4.28/SF
EGI
$30.3K $25.24/SF
− OpEx
−$7.6K −$6.31/SF
NOI
$22.7K $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%
$454,320
Cap Rate 7%
$324,514
Cap Rate 9%
$252,400

Alternative Uses

Best Use
Office B
$324.5K
$284.0K – $378.6K (±1% cap)
NOI $22,716 @ 7.0% cap · market cap 7.86%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.03M
$4.40M – $5.87M (±1% cap)
NOI $352,107 @ 7.0% cap · market cap 121.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Location Intelligence

Trade Area within ½ mile

147
Businesses Nearby

Demographics for 22032, VA

29,909
Population
9,988
Households
3
Avg Household Size
42
Median Age
68%
College-Educated
97%
High-School Grad
7.2 sq mi
ZIP Area
4,154
Density / Sq Mi
$175,913
Median Household Income
$69,924
Median Earnings
$2,269
Median Rent
$736,500
Median Home Value

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 - Move-in-ready office setting with private rooms, furnishings, a wet bar kitchen, and an in-unit restroom.
Where is this office units located?
The property is located at 10509 BRADDOCK RD #2D 2D Fairfax, VA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 1,200‑square‑foot second‑floor office condominium; Individual office suites within the unit; Furnishings included with the sale
More about this property
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