Windowed Office
New
For Sale
$330,000
1146-G Walker Road # G, Great Falls, VA 22066
Three enclosed offices and a reception area support a professional-services layout in a naturally bright suite.
Property Size1,250 SF
Price / SF$264
Days on Market7
Property Features for 1146-G Walker Road # G
General Information
Standard status
Active
Size
1,250 SF
Total Parking Spaces
4
Property subtype
Commercial
Zoning
C-8
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$4,469
Amenities
Electric
Yes
Public
425
No
Parking Lot
4
1250.00
69770.00
Building Details
Year Built
1986
Listing Agency:
High Associates Ltd.
(856) 222-0077
Listed By:
Brittany Moody
(609) 744-6614
Source:
Thetristaterealestategroup
Added: Oct 1
Changed: Oct 6
Last Checked: Oct 5 at 4:37PM
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 High Associates Ltd.
Investment Insights
Based on property information with market context.
This 1,250-square-foot office condominium includes three private offices, a reception area, and a central hallway with room for filing or storage. Windows and skylights bring daylight into the suite, which also features wood flooring, a restroom, and a utility room with a janitor sink. The unit is vacant, and building and monument signage are available. The property was built in 1986 and is zoned C-8.
Located in Great Falls, the office has access to Route 7/Leesburg Pike from two points. Great Falls Village Centre, grocery and coffee shops, restaurants, banks, the post office, and the library are among the nearby destinations. The surrounding area also offers access to Tysons, Reston, Dulles International Airport, the Silver Line Metro, and I-495.
Located in Great Falls, the office has access to Route 7/Leesburg Pike from two points. Great Falls Village Centre, grocery and coffee shops, restaurants, banks, the post office, and the library are among the nearby destinations. The surrounding area also offers access to Tysons, Reston, Dulles International Airport, the Silver Line Metro, and I-495.
Key Highlights
- 1,250‑square‑foot office condominium
- Three private offices, reception area, and central hallway
- Windows and skylights provide natural light; wood flooring throughout
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
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
NOI $366,778 @ 7.0% cap · market cap 111.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
227
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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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 - Three enclosed offices and a reception area support a professional-services layout in a naturally bright suite.
Where is this office units located?
The property is located at 1146-G Walker Road # G 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: 1,250‑square‑foot office condominium; Three private offices, reception area, and central hallway; Windows and skylights provide natural light; wood flooring throughout
