Flex Space with Private
1315 POWHATAN STREET, Alexandria, VA 22314
For Sale
Contact for pricing
Adaptable commercial layout includes a conference room, private office, and two bathrooms.
Property Size3,100 SF
Price / SF$0.01
Days on Market103
Property Features for 1315 POWHATAN STREET
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Public Transit
Building Details
Year Built
Listing Agency:
Tartan Properties, Inc.
Listed By:
Mike B Porterfield · License VA #0225044112
(703) 836-6555
Source:
Cummingsrealtors
Added: Aug 4
Changed: Nov 12
Last Checked: Nov 12 at 7:37AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,100 SF flex space, built in 2017, offers a practical commercial layout with a conference room, one private office, and two bathrooms. The adaptable configuration supports design studio, showroom office, creative office, and boutique fitness uses.
The property is located in Alexandria, VA, approximately 0.5 mi from Braddock Metro, 1.0 mi from King Street Shopping Center, and 2.3 mi from Reagan National Airport.
The property is located in Alexandria, VA, approximately 0.5 mi from Braddock Metro, 1.0 mi from King Street Shopping Center, and 2.3 mi from Reagan National Airport.
Key Highlights
- 3,100 SF commercial flex space
- Built in 2017
- Conference room, one private office, and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,922
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,440
$618.4K
Cap Rate 7%
$441,743
$441.7K
Cap Rate 9%
$343,578
$343.6K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$46.5K $15.00/SF
− Vacancy
−$2.3K −$0.75/SF
EGI
$44.2K $14.25/SF
− OpEx
−$13.3K −$4.27/SF
NOI
$30.9K $9.98/SF
Area
Alexandria, VA
Vacancy
5.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,440
Cap Rate 7%
$441,743
Cap Rate 9%
$343,578
Alternative Uses
Best Use
Retail
$1.48M
$1.30M – $1.73M
NOI $103,700 @ 7.0% cap
Second Best
Office B
$593.0K
$518.8K – $691.8K
NOI $41,507 @ 7.0% cap
Theoretical Best
Specialty Retail
$1.72M
$1.51M – $2.01M
NOI $120,528 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,219
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 22314, VA
35,784
Population
21,154
Households
1.7
Avg Household Size
39
Median Age
79%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,671
Density / Sq Mi
$144,359
Median Household Income
$98,121
Median Earnings
$2,312
Median Rent
$856,400
Median Home Value
Market
Average Price Trend$/SF for Flex space in Fairfax County, VA
Properties on Market for Flex space in Fairfax County
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Sundara Indian Restaurant & Cafe — 1320 Braddock Pl, Alexandria, VA 22314
- Cajun Catering, LLC — Alexandria, VA 22301
- Rose N' Boar LLC — 625 e monroe ave, alexandria, va 22301
Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial layout includes a conference room, private office, and two bathrooms.
Where is this flex space located?
The property is located at 1315 POWHATAN STREET Alexandria, VA.
What are key features of this property?
This property features: 3,100 SF commercial flex space; Built in 2017; Conference room, one private office, and two bathrooms
