Two-Level Office
New
For Sale
$650,000
11-8216 Old Courthouse Rd, Vienna, VA 22180
The multi-office layout includes separate work areas, two restrooms, and dedicated storage.
Property Size1,350 SF
Price / SF$481.48
Days on Market6
Property Features for 11-8216 Old Courthouse Rd
General Information
Standard status
Active
Size
1,350 SF
Zoning
C-2
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Office Units
1
Property Use
Office
Taxes and HOA fees
Annual Taxes
$5,933
Listing Agency:
Tysons Realty, Inc.
Listed By:
Pauline Thompson · License #VA 0225106914
(703) 893-6700
Source:
Exprealty
Added: Oct 20
Changed: Oct 25
Last Checked: Oct 24 at 7:27PM
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 Tysons Realty, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,350-square-foot office unit spans two levels and is configured with multiple private offices. The lower floor has an entry hall, a principal office with a bay window and decorative fireplace, two additional office or server-room spaces, a restroom, and an HVAC closet. Upstairs are a large executive office, two more private offices, a file and storage area, and a second restroom. The property is zoned C-2.
Old Courthouse Road provides access to Route 7, the Dulles Toll Road, and I-495. Greensboro Metro Station is also nearby, and surface parking is available for staff and visitors.
Old Courthouse Road provides access to Route 7, the Dulles Toll Road, and I-495. Greensboro Metro Station is also nearby, and surface parking is available for staff and visitors.
Key Highlights
- 1,350 SF across two levels
- C‑2 zoning
- Multiple private offices, two restrooms, and a dedicated file and storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,555
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,100
$511.1K
Cap Rate 7%
$365,071
$365.1K
Cap Rate 9%
$283,944
$283.9K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$39.9K $29.52/SF
− Vacancy
−$5.8K −$4.28/SF
EGI
$34.1K $25.24/SF
− OpEx
−$8.5K −$6.31/SF
NOI
$25.6K $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%
$511,100
Cap Rate 7%
$365,071
Cap Rate 9%
$283,944
Alternative Uses
Best Use
Office B
$365.1K
$319.4K – $425.9K
NOI $25,555 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.66M
$4.95M – $6.60M
NOI $396,120 @ 7.0% cap · market cap 60.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
158
Businesses Nearby
Explore this area
Business Placement
Demographics for 22180, VA
26,666
Population
10,013
Households
2.7
Avg Household Size
38
Median Age
76%
College-Educated
95%
High-School Grad
5.9 sq mi
ZIP Area
4,520
Density / Sq Mi
$181,467
Median Household Income
$90,369
Median Earnings
$2,335
Median Rent
$916,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The multi-office layout includes separate work areas, two restrooms, and dedicated storage.
Where is this office unit located?
The property is located at 11-8216 Old Courthouse Rd Vienna, VA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1,350 SF across two levels; C‑2 zoning; Multiple private offices, two restrooms, and a dedicated file and storage area
