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    6400 Grovedale Rd Springfield, VA

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    For Sale
    $10,890,000

    Two-building medical and professional office portfolio in Alexandria, VA.

    Property size:
    36,341 SF
    Lot size:
    1.60 Acres

    Property Features for 6400 Grovedale Rd

    General Information

    Size
    36,341 SF
    Lot size
    1.60 Acres

    Source: Serafin Real Estate Agent Joe Serafin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical and Professional Office Portfolio

    This portfolio features two Class B medical and professional office buildings located within the Grovedale Executive Office Park in Alexandria, VA. The properties total 36,341 square feet and are anchored by long-term tenants, including New Story Schools, Heartland Dental, Prism Vision Group, and Crescent Counseling. The portfolio maintains a weighted average occupancy of 96%, generating a combined net operating income exceeding $789,000.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Springfield
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.21115
    Latitude
    38.783458333333

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    FAQs

    What type of property is this?
    Medical office - Two-building medical and professional office portfolio in Alexandria, VA.
    Where is this medical office located?
    The property is located at 6400 Grovedale Rd Springfield, VA.
    What is the asking price?
    The asking price for this property is $10,890,000.
    What are key features of this property?
    This property features: - Stabilized income stream with NOI exceeding $789,000.; - Weighted average occupancy of 96%.; - Anchored by long-term tenants: New Story Schools, Heartland Dental, Prism Vision Group, and Crescent Counseling.
    (703) 261-4809
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6400 Grovedale Rd Springfield, VA
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