Top-Floor Corner Office
For Sale
$215,000
10617 Jones Street 301b, Fairfax, VA 22030
Bright top-floor corner suite with multiple windowed offices, kitchenette, and half bath, plus ample tenant and client parking.
Property Size911 SF
Price / SF$236
Days on Market87
Property Features for 10617 Jones Street 301b
General Information
Standard status
Active
Size
911 SF
Amenities
kitchenette
conference room
Building Details
Year Built
1988
Listing Agency:
Brock Realty
Listed By:
Brian K Madden · License #0225068032
(703) 538-6030
Source:
Teamgaddy
Added: Jul 21
Changed: Oct 14
Last Checked: Oct 15 at 1:06AM
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 Brock Realty
Investment Insights
Based on property information with market context.
This top-floor corner office suite is designed around an oversized reception area with multiple private offices already in place. The suite includes a windowed and glass-enclosed conference room that could function as an additional office, along with a kitchenette and a half bath. Two offices are currently rented, and the owner’s private office is available. The front reception area also has an additional windowed space that could be enclosed to create a fifth private office.
The suite features windows with southern and eastern exposure, plus rear windows facing north. Public remarks indicate the property is within walking distance of the Fairfax courthouse, and parking is described as more than ample for tenants and clients.
Condo association dues are listed at $654 quarterly. Neighboring businesses are described as largely attorneys, CPAs, and insurance professionals. Required disclosure: the owner is a licensed real estate salesperson in Virginia.
The suite features windows with southern and eastern exposure, plus rear windows facing north. Public remarks indicate the property is within walking distance of the Fairfax courthouse, and parking is described as more than ample for tenants and clients.
Condo association dues are listed at $654 quarterly. Neighboring businesses are described as largely attorneys, CPAs, and insurance professionals. Required disclosure: the owner is a licensed real estate salesperson in Virginia.
Key Highlights
- 1988‑built property featuring a bright top‑floor corner suite with windows on southern & eastern exposure plus rear north‑facing windows
- Suite includes multiple private offices: two offices are currently rented, plus an owner’s private office available
- Up to three private offices currently available, with a 4th windowed office option that could be enclosed at the front of the oversized reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,245
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,900
$344.9K
Cap Rate 7%
$246,357
$246.4K
Cap Rate 9%
$191,611
$191.6K
Market Conditions
NOI Build-Up for 911 SF
Gross rent
$26.9K $29.52/SF
− Vacancy
−$3.9K −$4.28/SF
EGI
$23.0K $25.24/SF
− OpEx
−$5.7K −$6.31/SF
NOI
$17.2K $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%
$344,900
Cap Rate 7%
$246,357
Cap Rate 9%
$191,611
Alternative Uses
Best Use
Office B
$246.4K
$215.6K – $287.4K
NOI $17,245 @ 7.0% cap · market cap 8.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.82M
$3.34M – $4.46M
NOI $267,308 @ 7.0% cap · market cap 124.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
2,882
Businesses Nearby
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Office units - Bright top-floor corner suite with multiple windowed offices, kitchenette, and half bath, plus ample tenant and client parking.
Where is this office units located?
The property is located at 10617 Jones Street 301b Fairfax, VA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 1988‑built property featuring a bright top‑floor corner suite with windows on southern & eastern exposure plus rear north‑facing windows; Suite includes multiple private offices: two offices are currently rented, plus an owner’s private office available; Up to three private offices currently available, with a 4th windowed office option that could be enclosed at the front of the oversized reception area
