Corner Office Condo
For Sale
$550,000
7580 GARDNER PARK Dr 11, Gainesville, VA 20155
Corner office condo with dedicated parking and interior amenities, suited for professional use in a condo office park.
Property Size1,200 SF
Price / SF$458.33
Days on Market50
Property Features for 7580 GARDNER PARK Dr 11
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial
Zoning
B1
Additional Details
Business Included
Yes
Building Details
Year Built
2005
Listing Agency:
Carter Real Estate, Inc.
(703) 383-3245
Listed By:
Leslie O Carter
(703) 383-3245
Source:
Elliman
Added: Jun 14
Changed: Jul 10
Last Checked: Jul 23 at 9:24AM
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 Carter Real Estate, Inc.
Investment Insights
Based on property information with market context.
This is a 1,200 sq ft corner condo unit in the Gardner Professional Village Condo Office Park. The space includes a training room, a private office, a bathroom equipped with grab bars, and a kitchen area with a separate slop sink located in a closet. Additional features include a storage area with shelves. The unit is offered with all furnishings included in the price.
The property is zoned B1, General Business. The office park setting provides lots of parking for tenants and visitors, and the condo fee of $218 covers CAM along with water, sewer, trash, parking lot, roof, and snow removal.
For an owner-occupant or an investing buyer, the layout supports both client-facing training and day-to-day office needs, with dedicated storage and accessibility-oriented bathroom features. Its condo structure and included building-related services can simplify ongoing operational costs, while the parking presence supports efficient access for staff and customers.
The property is zoned B1, General Business. The office park setting provides lots of parking for tenants and visitors, and the condo fee of $218 covers CAM along with water, sewer, trash, parking lot, roof, and snow removal.
For an owner-occupant or an investing buyer, the layout supports both client-facing training and day-to-day office needs, with dedicated storage and accessibility-oriented bathroom features. Its condo structure and included building-related services can simplify ongoing operational costs, while the parking presence supports efficient access for staff and customers.
Key Highlights
- 2005‑built 1,200 SF corner condo unit in the Gardner professional Village Condo Office Park in Gainesville
- Includes host training room, private office, and a bathroom equipped with grab bars
- Kitchen with separate slop sink in closet plus a storage area with shelves
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 | $29.1k | $24.24 |
| − Vacancy | −$873 | −$0.73 |
| EGI | $28.2k | $23.51 |
| − OpEx | −$7.1k | −$5.88 |
| NOI | $21.2k | $17.63 |
1,200 SF · lease $24.24/SF/yr · vacancy 3.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$302.3K
$264.5K – $352.7K
NOI $21,162 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$352.4K
$308.4K – $411.2K
NOI $24,669 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
Explore this area
Business Placement
Demographics for 20155, VA
37,218
Population
12,833
Households
2.9
Avg Household Size
40
Median Age
55%
College-Educated
97%
High-School Grad
25.5 sq mi
ZIP Area
1,460
Density / Sq Mi
$154,531
Median Household Income
$71,853
Median Earnings
$2,648
Median Rent
$630,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Corner office condo with dedicated parking and interior amenities, suited for professional use in a condo office park.
Where is this office units located?
The property is located at 7580 GARDNER PARK Dr 11 Gainesville, VA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2005‑built 1,200 SF corner condo unit in the Gardner professional Village Condo Office Park in Gainesville; Includes host training room, private office, and a bathroom equipped with grab bars; Kitchen with separate slop sink in closet plus a storage area with shelves
