Second-Floor Office Condo
For Sale
$297,000
10509 Braddock Road 2d, Fairfax, VA 22032
Move-in ready second-floor office condo with individual office suites, restroom, and wet bar kitchen.
Property Size1,200 SF
Price / SF$247.50
Days on Market93
Property Features for 10509 Braddock Road 2d
General Information
Standard status
Active
Size
1,200 SF
Additional Details
Road Access
Yes
Building Details
Year Built
1989
Listing Agency:
Samson Properties
Listed By:
Rajan Lalwani · License #0225256931
(703) 750-0484
Source:
Premierehomegroup
Added: Jul 17
Changed: Sep 11
Last Checked: Oct 7 at 3:42PM
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 move-in ready 1,200 SF second-floor office condo features individual office suites within the unit. The space includes a wet bar kitchen and a restroom, and it is being sold with furnishings included.
The property is located on Braddock Road and faces Braddock Road. It is close to GMU and adjacent to a shopping center.
The current configuration supports a multi-office layout within a single office condo unit, with in-unit restroom and wet bar kitchen facilities.
The property is located on Braddock Road and faces Braddock Road. It is close to GMU and adjacent to a shopping center.
The current configuration supports a multi-office layout within a single office condo unit, with in-unit restroom and wet bar kitchen facilities.
Key Highlights
- 1200 SF move‑in ready second‑floor office condo with individual office suites
- Year built 1989
- Includes a wet bar kitchen and restroom within the office condo unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,716
Cap Rate
7.65%
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
NOI $22,716 @ 7.0% cap · market cap 7.65%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.03M
$4.40M – $5.87M
NOI $352,107 @ 7.0% cap · market cap 118.55%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Move-in ready second-floor office condo with individual office suites, restroom, and wet bar kitchen.
Where is this office units located?
The property is located at 10509 Braddock Road 2d Fairfax, VA.
What is the asking price?
The asking price for this property is $297,000.
What are key features of this property?
This property features: 1200 SF move‑in ready second‑floor office condo with individual office suites; Year built 1989; Includes a wet bar kitchen and restroom within the office condo unit
