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    Flex Space with Restrooms & Kitchenette Title is generated by Realmo AI

    3014 Colvin Street, Alexandria, VA 22314

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    Well-finished open layout includes two restrooms and kitchenette, with onsite parking and commuter-friendly access near major roads.

    Type:Office
    Property size:
    1,700 SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 1:57 am

    Property Features for 3014 Colvin Street

    General Information

    Standard status
    Active
    Size
    1,700 SF
    Property subtype
    Office

    Building Details

    Year Built
    1945

    Spaces For Lease

    at 3014 Colvin Street Contact us

    We can help!

    Listing Contact
    Bakh Safarov
    Bakh Safarov

    Listing agent Bakh Safarov

    Listing office Divaris Real Estate - Richmond

    Listing date Jun 2, 2026

    Source Divaris

    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 Divaris Real Estate - Richmond

    HighLights

    • 1,700 SF flex space available in the Eisenhower Ave corridor
    • Finished open layout with two restrooms and a kitchenette
    • Onsite parking available
    • Accessible by car with Amtrak and Metro commuter access nearby
    • Located about a block from Duke St with 31,694 VPD
    • 2 miles to I‑495 (170,869 VPD) and within a 1‑mile radius with average household income of $216,585

    Overview

    This flex space offers a finished, open layout designed for flexible business use, supported by practical onsite amenities including two restrooms and a kitchenette. With onsite parking available, the space is set up for daily operations and straightforward tenant move-in and workflow.

    Located along the Eisenhower Ave corridor at 3014 Colvin Street in Alexandria, the property provides convenient drive-up access for commuters. It is accessible by car and is a block away from Duke St (31,694 VPD). The area also supports transit-oriented access for Amtrak and Metro commuters, and the site is approximately 2 miles from I-495 (170,869 VPD).

    For tenants and operators seeking adaptable space with key in-suite conveniences, this offering is a strong match. The finished open plan supports a range of layouts and usage needs, while the included restroom and kitchenette facilities reduce reliance on shared amenities. With parking on site and easy access to major commuter routes, the space is well-positioned for teams that value accessibility for customers and staff.
    Location Intelligence

    Current Use by Public Records

    Gia Styles Grooming Pet Grooming Service Phillip Pope Foster Care Service Jennifer Redlin, LPC Psychotherapist Mary Alice Fields, ... Psychotherapist Yeganeh Jalaeian, Psychiatry ... Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Big Red Halal — 2922 Duke St, Alexandria, VA 22314
    • Wegmans Catering — 150 Stovall St, Alexandria, VA 22314
    • Karren and Steve catering service — 2800 Eisenhower Ave Suite 220-B33, Alexandria, VA 22314

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.0820013
    Latitude
    38.8066864

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    FAQs

    What type of property is this?
    Flex space - Well-finished open layout includes two restrooms and kitchenette, with onsite parking and commuter-friendly access near major roads.
    Where is this flex space located?
    The property is located at 3014 Colvin Street Alexandria, VA.
    What are key features of this property?
    This property features: 1,700 SF flex space available in the Eisenhower Ave corridor; Finished open layout with two restrooms and a kitchenette; Onsite parking available
    (703) 506-2850
    We can help!
    Listing Contact
    Bakh Safarov
    Bakh Safarov
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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