Office Condominium Suite with
For Sale
$244,999
Pending
10615 Judicial Dr Unit 602, Fairfax, VA 22030
Bright office suite includes reception area, three private offices, kitchenette, private restroom, and storage, with 2024 HVAC.
Property Size960 SF
Days on Market118
Property Features for 10615 Judicial Dr Unit 602
General Information
Standard status
Pending
Size
960 SF
Property subtype
Commercial
Amenities
kitchenette
private restroom
generous storage space
large windows
high ceilings
ample parking
professional exterior signage
Building Details
Year Built
1989
Listing Agency:
Samson Properties
Listed By:
Anuj Malik
(571) 239-9787
Source:
Baltimoreharfordhomesforsale
Added: Jun 27
Changed: Oct 16
Last Checked: Oct 20 at 10:13PM
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 well-maintained office condominium suite is designed for a functional, professional layout. The interior includes a welcoming reception or admin area, three private offices, a kitchenette, a private restroom, and generous storage. Large windows overlooking Judicial Drive, high ceilings, and abundant natural light support a productive work environment.
The suite is located in the Judicial Court Office Condominium community, directly across from the Fairfax County Courthouse. The property offers ample parking, professional exterior signage, and strong accessibility, with nearby proximity to Downtown Fairfax and major commuter routes.
Recent improvements include a new HVAC system installed in 2024 and fresh interior paint, contributing to a move-in ready condition.
The suite is located in the Judicial Court Office Condominium community, directly across from the Fairfax County Courthouse. The property offers ample parking, professional exterior signage, and strong accessibility, with nearby proximity to Downtown Fairfax and major commuter routes.
Recent improvements include a new HVAC system installed in 2024 and fresh interior paint, contributing to a move-in ready condition.
Key Highlights
- Office condo built in 1989, located directly across from the Fairfax County Courthouse in the Judicial Court Office Condominium community
- Bright suite with large windows overlooking Judicial Drive and high ceilings for an open, naturally lit workspace
- Efficient layout with reception/admin area, three private offices, kitchenette, private restroom, and generous storage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,173
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,460
$363.5K
Cap Rate 7%
$259,614
$259.6K
Cap Rate 9%
$201,922
$201.9K
Market Conditions
NOI Build-Up for 960 SF
Gross rent
$28.3K $29.52/SF
− Vacancy
−$4.1K −$4.28/SF
EGI
$24.2K $25.24/SF
− OpEx
−$6.1K −$6.31/SF
NOI
$18.2K $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%
$363,460
Cap Rate 7%
$259,614
Cap Rate 9%
$201,922
Alternative Uses
Best Use
Office B
$259.6K
$227.2K – $302.9K
NOI $18,173 @ 7.0% cap · market cap 7.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.02M
$3.52M – $4.69M
NOI $281,686 @ 7.0% cap · market cap 114.97%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,882
Businesses Nearby
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Business Placement
Demographics for 22030, VA
60,431
Population
21,758
Households
2.8
Avg Household Size
34
Median Age
67%
College-Educated
94%
High-School Grad
19.4 sq mi
ZIP Area
3,115
Density / Sq Mi
$139,885
Median Household Income
$61,628
Median Earnings
$2,242
Median Rent
$700,700
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Bright office suite includes reception area, three private offices, kitchenette, private restroom, and storage, with 2024 HVAC.
Where is this office unit located?
The property is located at 10615 Judicial Dr Unit 602 Fairfax, VA.
What is the asking price?
The asking price for this property is $244,999.
What are key features of this property?
This property features: Office condo built in 1989, located directly across from the Fairfax County Courthouse in the Judicial Court Office Condominium community; Bright suite with large windows overlooking Judicial Drive and high ceilings for an open, naturally lit workspace; Efficient layout with reception/admin area, three private offices, kitchenette, private restroom, and generous storage space
