Renovated Office
For Sale
$350,000
1146-H WALKER Road, Great Falls, VA 22066
Commercial Sale, GREAT FALLS, VA
Property Size1,350 SF
Price / SF$259.26
Days on Market176
Property Features for 1146-H 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
5364
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
(703) 378-8810
Listed By:
Bonnie H Wolfe · License #0225078568
(703) 930-5692
Added: May 3
Changed: Sep 5
Last Checked: Oct 25 at 11:06AM
MLS# VAFX2308536
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 H is an approximately 1,350-square-foot office condominium configured as two separately accessed suites, H-1 and H-2. The space was renovated in 2022 and includes laminate flooring, recessed lighting, high ceilings, central heating and central air. H-1 contains four windowed offices and an open sitting area, while H-2 provides two windowed offices. A shared corridor restroom serves both suites. The unit is fully leased and includes brick construction completed in 1986.
Building signage and monument signage at the main entrance are available. The property has a parking lot with customer spaces in front and additional employee parking at the rear. Leigh Corners Office Park offers two access points from Route 7/Leesburg Pike and is near Great Falls Village Centre, Safeway, Starbucks, restaurants, banks, the post office, and Great Falls Library. The office condominiums are individually owned, with professional management responsible for common areas.
Building signage and monument signage at the main entrance are available. The property has a parking lot with customer spaces in front and additional employee parking at the rear. Leigh Corners Office Park offers two access points from Route 7/Leesburg Pike and is near Great Falls Village Centre, Safeway, Starbucks, restaurants, banks, the post office, and Great Falls Library. The office condominiums are individually owned, with professional management responsible for common areas.
Key Highlights
- Approximately 1,350 square feet configured as two office suites, H‑1 and H‑2
- Renovated in 2022 with laminate flooring, recessed lighting, and high ceilings
- H‑1 includes four windowed offices and an open sitting area; H‑2 has two windowed offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,555
Cap Rate
7.30%
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 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.66M
$4.95M – $6.60M
NOI $396,120 @ 7.0% cap · market cap 113.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
2
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
227
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Office unit - Fully leased two-suite configuration with windowed offices, shared corridor access, and customer parking near Route 7.
Where is this office unit located?
The property is located at 1146-H WALKER Road Great Falls, VA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Approximately 1,350 square feet configured as two office suites, H‑1 and H‑2; Renovated in 2022 with laminate flooring, recessed lighting, and high ceilings; H‑1 includes four windowed offices and an open sitting area; H‑2 has two windowed offices
