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Second-Floor Office Condo
For Sale
Under Contract
$289,000

10509 BRADDOCK Road, Fairfax, VA 22032

Commercial Sale, FAIRFAX, VA

Property Size1,200 SF
Price / SF$240.83
Days on Market513

Property Features for 10509 BRADDOCK Road

General Information

Property type Other
Property subtype Office
Parking 50
Parking features Parking Lot
Elementary school district FAIRFAX COUNTY PUBLIC SCHOOLS
Middle school district FAIRFAX COUNTY PUBLIC SCHOOLS
High school district FAIRFAX COUNTY PUBLIC SCHOOLS
Standard status Active Under Contract

Taxes and HOA fees

Tax Annual Amount 3361

Utilities

Heating system Forced Air
Cooling system Heat Pump

Building Details

Year built 1989
Building materials Brick, Combination
Listing Agency: Samson Properties
Listed By: Rajan Lalwani · License #0225256931
Added: Jun 6, 2025 Changed: Oct 22 Last Checked: Oct 31 at 1:06AM
MLS# VAFX2244938

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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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 multiple individual private office suites. Furnishings convey with the sale, allowing the next owner to take over an established workplace setup. The unit also includes a wet bar kitchen and an interior restroom. Construction combines brick and other materials, with forced-air heating and heat-pump cooling.

The property faces Braddock Road in Fairfax, near George Mason University and adjacent to a shopping center. A parking lot serves the office condominium. Built in 1989, the property offers a defined professional-office configuration in a location connected to nearby institutional and retail activity.

Key Highlights

  • 1,200 SF second‑floor office condominium
  • Multiple individual private office suites
  • Furnishings convey 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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Pharmacy Auto Parts 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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

665
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
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 unit - Furnished professional workspace with private offices, a wet bar kitchen, and an on-site restroom.
Where is this office unit located?
The property is located at 10509 BRADDOCK Road 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 SF second‑floor office condominium; Multiple individual private office suites; Furnishings convey with the sale
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