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Professional Office Condominium
For Sale
$330,000

1146-G WALKER Road, Great Falls, VA 22066

Commercial Sale, GREAT FALLS, VA

Property Size1,250 SF
Price / SF$264
Days on Market224

Property Features for 1146-G WALKER Road

General Information

Property type Other
Property subtype Office
Parking 4
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

Taxes and HOA fees

Tax Annual Amount 4469

Utilities

Heating system Central
Cooling system Central Air

Amenities

building signage
monument signage

Building Details

Year built 1986
Building materials Brick
Listing Agency: Samson Properties
Listed By: Bonnie H Wolfe · License #0225078568
Added: Mar 16 Changed: Sep 30 Last Checked: Oct 25 at 2:06PM
MLS# VAFX2296756

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.

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Investment Insights

Based on property information with market context.

Unit G is a vacant office condominium with a reception area, three windowed private offices, a central corridor suitable for filing or storage, and a double entry door. Skylights and windows bring natural light into the suite, while wood flooring, a private restroom, and a utility room with janitor sink and storage complete the interior. The unit is positioned for immediate occupancy and may suit an owner-user or investor.

The property is located at 1146-G Walker Road in Great Falls, with two access points from Route 7/Leesburg Pike. Building signage and monument signage at the main entrance are available. Parking includes customer spaces in front and employee parking at the rear. Leigh Corners Office Park is near Great Falls Village Centre, Safeway, Starbucks, restaurants, banks, the post office, and Great Falls Library, with access to Tysons, Reston, Dulles International Airport, the Silver Line Metro, and I-495.

Key Highlights

  • Three private offices with windows, reception area, central corridor, restroom, and utility room
  • Vacant office condominium ready for immediate occupancy
  • Skylights and windows provide natural light throughout the suite

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,662
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,240 $473.2K
Cap Rate 7%
$338,029 $338.0K
Cap Rate 9%
$262,911 $262.9K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$36.9K $29.52/SF
− Vacancy
−$5.4K −$4.28/SF
EGI
$31.5K $25.24/SF
− OpEx
−$7.9K −$6.31/SF
NOI
$23.7K $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%
$473,240
Cap Rate 7%
$338,029
Cap Rate 9%
$262,911

Alternative Uses

Best Use
Office B
$338.0K
$295.8K – $394.4K (±1% cap)
NOI $23,662 @ 7.0% cap · market cap 7.17%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.24M
$4.58M – $6.11M (±1% cap)
NOI $366,778 @ 7.0% cap · market cap 111.14%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Law Firm Dental Office Building Supply Restaurant Real Estate Agency HVAC Service

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

227
Businesses Nearby

Demographics for 22066, VA

18,165
Population
5,852
Households
3.1
Avg Household Size
45
Median Age
85%
College-Educated
99%
High-School Grad
25.6 sq mi
ZIP Area
710
Density / Sq Mi
$250,001
Median Household Income
$123,162
Median Earnings
$3,501
Median Rent
$1,240,100
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 - Vacant suite with three private offices, natural light, signage options, and on-site parking.
Where is this office unit located?
The property is located at 1146-G WALKER Road Great Falls, VA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Three private offices with windows, reception area, central corridor, restroom, and utility room; Vacant office condominium ready for immediate occupancy; Skylights and windows provide natural light throughout the suite
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