Built-Out Office
For Sale
Contact for pricing
1225 Martha Custis Dr, Alexandria, VA 22302
Fully built-out office condo with three private offices, a conference room, reception area, storage, and two restrooms.
Property Size1,666 SF
Price / SF$299.52
Days on Market189
Property Features for 1225 Martha Custis Dr
General Information
Standard status
Active
Size
1,666 SF
Property subtype
OFFICE
Zoning
RB
Additional Details
Highway Access
Yes
Amenities
conference room
reception area
copy room
storage
Listing Agency:
Tartan Properties Commercial
(215) 715-1235
Listed By:
Fatimah McGarrell
(215) 715-1235
Source:
Moodyscre
Added: Jan 28
Changed: Jul 25
Last Checked: Jul 25 at 7:09PM
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 Tartan Properties Commercial
Investment Insights
Based on property information with market context.
Fully built-out office condo designed for office use, with three private offices, a large conference room, a reception area, a copy room, ample storage, and two restrooms.
The property is located in Alexandria with exceptional street visibility and convenient access to I-395.
Zoned RB, this space is suited to medical, professional, or general office use based on the current configuration and stated zoning.
The property is located in Alexandria with exceptional street visibility and convenient access to I-395.
Zoned RB, this space is suited to medical, professional, or general office use based on the current configuration and stated zoning.
Key Highlights
- Fully built‑out office condo suitable for medical, professional, or general office use
- Includes three private offices, a large conference room, and a reception area
- Features a copy room, ample storage, and two restrooms
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.6k | $27.96 |
| − Vacancy | −$3.0k | −$1.82 |
| EGI | $43.6k | $26.14 |
| − OpEx | −$17.4k | −$10.46 |
| NOI | $26.1k | $15.69 |
1,666 SF · lease $27.96/SF/yr · vacancy 6.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$373.3K
$326.7K – $435.5K
NOI $26,132 @ 7.0% cap · market cap 5.24%
Second Best
Office B
$318.7K
$278.8K – $371.8K
NOI $22,307 @ 7.0% cap · market cap 4.47%
Theoretical Best
Specialty Retail
$925.3K
$809.7K – $1.08M
NOI $64,774 @ 7.0% cap · market cap 12.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,167
Businesses Nearby
Explore this area
Business Placement
Demographics for 22302, VA
17,972
Population
9,660
Households
1.9
Avg Household Size
38
Median Age
70%
College-Educated
93%
High-School Grad
2.3 sq mi
ZIP Area
7,814
Density / Sq Mi
$127,037
Median Household Income
$83,782
Median Earnings
$2,039
Median Rent
$630,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Fully built-out office condo with three private offices, a conference room, reception area, storage, and two restrooms.
Where is this office units located?
The property is located at 1225 Martha Custis Dr Alexandria, VA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Fully built‑out office condo suitable for medical, professional, or general office use; Includes three private offices, a large conference room, and a reception area; Features a copy room, ample storage, and two restrooms
