4232 King Street, Alexandria, VA 22302
Office building for sale at 4232 King Street, offering a dedicated setting for businesses in Alexandria, Virginia.
- Added:
- Jul 12, 2024
- Days on Market:
- 710
- Last Refresh:
- Jun 14 at 2:04 am
Property Features for 4232 King Street
General Information
- Standard status
- Active
- Size
- 10,148 SF
- Property subtype
- Office
Building Details
- Year Built
- 1983
Listing agent Michael Porterfield License #0225044112 (703) 836-6555
Listing office Tartan Properties, Inc. (703) 836-6555
Listing date Jul 12, 2024
Source Xome
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, Inc.
HighLights
- Office building for sale at 4232 King Street in Alexandria, Virginia
- Year built: 1983
- Central air cooling
- Zoned OCM(100)
- On‑street parking
- No pool
Overview
The asset is located on King Street in Alexandria. As presented, no additional configuration details, building systems information, or unit mix are provided, so prospective buyers should review the property documentation to confirm layout and suitability for their specific operational needs. Access, frontage, and surrounding tenancy are also not described in the available data.
From a tenant or buyer perspective, an office building can fit a range of professional uses, subject to applicable approvals and the property’s existing characteristics. Interested parties may want to assess how the available office space aligns with their staffing footprint, meeting requirements, and day-to-day workflow. Because the provided information does not include updates on finishes, common areas, or parking, diligence should focus on confirming the condition and the practical details that would drive a final business decision.
For sale and positioned as an office-focused asset, this property is best evaluated through the full marketing package and direct review.
Local Financial Insights For Office B
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 | $211.9k | $20.88 |
| − Vacancy | −$30.7k | −$3.03 |
| EGI | $181.2k | $17.85 |
| − OpEx | −$45.3k | −$4.46 |
| NOI | $135.9k | $13.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Alexandria
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.1021791
- Latitude
- 38.8362897
