Built-Out Medical Office
1451 Belle Haven Rd, Alexandria, VA 22307
For Sale
Contact for pricing
Pending
Renovated first-floor suite with HOA-covered utilities, common-area maintenance, and dedicated parking.
Property Size3,300 SF
Days on Market557
Property Features for 1451 Belle Haven Rd
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Floor
Road Access
Office Units
Building Details
Year Renovated
Listing Agency:
Tartan Properties Commercial
(703) 836-6555
Listed By:
Fatimah McGarrell
(215) 715-1235
Source:
Moodyscre
Added: May 7, 2025
Changed: Nov 4
Last Checked: Nov 12 at 8:08AM
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
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Investment Insights
Based on property information with market context.
This 3,300 SF first-floor medical office condo is fully built out as a pediatrician’s office. The suite received new paint throughout in 2019 and a full renovation in 2020, providing an established medical-office configuration for an owner-user or investor.
Located at 1451 Belle Haven Rd in Alexandria, the property is right off GW Parkway. The condominium association fee includes all utilities and maintenance of common areas. The suite includes up to 30 dedicated parking spaces, supporting staff and patient access.
Located at 1451 Belle Haven Rd in Alexandria, the property is right off GW Parkway. The condominium association fee includes all utilities and maintenance of common areas. The suite includes up to 30 dedicated parking spaces, supporting staff and patient access.
Key Highlights
- 3,300 SF first‑floor medical office condo
- Fully built‑out pediatrician’s office
- Full renovation completed in 2020
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,762
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,035,240
$1.0M
Cap Rate 7%
$739,457
$739.5K
Cap Rate 9%
$575,133
$575.1K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$92.3K $27.96/SF
− Vacancy
−$6.0K −$1.82/SF
EGI
$86.3K $26.14/SF
− OpEx
−$34.5K −$10.46/SF
NOI
$51.8K $15.69/SF
Area
Alexandria, VA
Vacancy
6.50%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,035,240
Cap Rate 7%
$739,457
Cap Rate 9%
$575,133
Alternative Uses
Best Use
Healthcare Medical
$739.5K
$647.0K – $862.7K
NOI $51,762 @ 7.0% cap · market cap 6.51%
Second Best
Office B
$631.2K
$552.3K – $736.4K
NOI $44,185 @ 7.0% cap · market cap 5.56%
Theoretical Best
Specialty Retail
$1.83M
$1.60M – $2.14M
NOI $128,304 @ 7.0% cap · market cap 16.14%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 22307, VA
10,271
Population
4,742
Households
2.2
Avg Household Size
45
Median Age
70%
College-Educated
96%
High-School Grad
3.1 sq mi
ZIP Area
3,313
Density / Sq Mi
$140,559
Median Household Income
$86,082
Median Earnings
$1,906
Median Rent
$752,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in Fairfax County, VA
Properties on Market for Medical Office Space in Fairfax County
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- EmmaVet — 1628A Belle View Blvd, Alexandria, VA 22307
- Veterinary Clinic — Alexandria, VA 22307
- Belle Haven Animal Medical Centre — 1221 Belle Haven Rd, Alexandria, VA 22307
- Theresa Donohue — 1221 belle haven rd, alexandria, va 223071218
Frequently Asked Questions
What type of property is this?
Medical Office Space - Renovated first-floor suite with HOA-covered utilities, common-area maintenance, and dedicated parking.
Where is this medical office space located?
The property is located at 1451 Belle Haven Rd Alexandria, VA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 3,300 SF first‑floor medical office condo; Fully built‑out pediatrician’s office; Full renovation completed in 2020
