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Bright Professional Office Condominium
For Sale
$330,000

1146 Walker Road G, Great Falls, VA 22066

Office condominium with skylit interior, three private offices, reception area, restroom, and a utility room.

Property Size1,250 SF
Price / SF$264
Days on Market95

Property Features for 1146 Walker Road G

General Information

Standard status Active
Size 1,250 SF

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1986
Tenancy Multi
Listing Agency: Samson Properties
Listed By: Bonnie H Wolfe · License #0225078568
Source: Kandorre
Added: Jul 26 Changed: Oct 25 Last Checked: Oct 7 at 1:06PM

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 Samson Properties

Rey
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Investment Insights

Based on property information with market context.

This upscale professional office condominium, designated Unit G, is accessed through a shared interior corridor and opens to a bright, contemporary suite. The space features modern entry doors, multiple skylights and windows for abundant natural light, and wood flooring throughout. Inside, the layout includes a double entry door, a welcoming reception area for client meetings, three spacious private offices with windows, and a central hallway offering room for filing or additional storage. Additional improvements include a dedicated restroom and a utility room with a janitor sink and storage.

Unit G has entrances at both ends, and building signage availability is noted. The property also offers ample free parking with convenient customer parking in front and additional employee parking at the rear, along with monument signage at the main entrance. The suite is vacant and ready for immediate occupancy.

The condominium is part of Leigh Corners Office Park, with each condominium individually owned and professional management overseeing the common areas. The location provides accessibility from Route 7/Leesburg Pike via two access points and is minutes from Great Falls Village Centre, with nearby amenities including Safeway, Starbucks, restaurants, banks, the post office, and the Great Falls Library.

Key Highlights

  • Built in 1986, upscale professional office condominium in Leigh Corners Office Park
  • Approx. 1,250 SF with double entry door, 3 private offices with windows, and a reception/waiting area
  • Multiple skylights and large windows provide abundant natural light throughout the corridor and interior 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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Rahel Yirga, MD ... Physician True Upside Consulting ... Business Management Consultant HARK Roofing Roofing Company METROPOL REALTY INC Real Estate Agency Bob Dada, Metropol ... Real Estate Agency

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 - Office condominium with skylit interior, three private offices, reception area, restroom, and a utility room.
Where is this office unit located?
The property is located at 1146 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: Built in 1986, upscale professional office condominium in Leigh Corners Office Park; Approx. 1,250 SF with double entry door, 3 private offices with windows, and a reception/waiting area; Multiple skylights and large windows provide abundant natural light throughout the corridor and interior suite
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