Medical Office Suite with Private
For Sale
$900,000
201-2235 Cedar Ln, Vienna, VA 22180
Second-floor space features a substantial healthcare build-out, elevator access, and surface parking in an established Vienna medical building.
Property Size2,500 SF
Price / SF$360
Days on Market14
Property Features for 201-2235 Cedar Ln
General Information
Standard status
Active
Size
2,500 SF
Elevators
Yes
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Floor
2
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$8,671
Amenities
common-area restrooms
Building Details
Buildings
1
Construction
brick
Listing Agency:
RE/MAX Realty Group
(301) 921-4500
Listed By:
KATHY XU · License #VA Lic 022509661
(301) 254-3671
Source:
Exprealty
Added: Sep 23
Changed: Oct 4
Last Checked: Oct 5 at 10:43PM
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 RE/MAX Realty Group
Investment Insights
Based on property information with market context.
This approximately 2,500-square-foot medical office occupies about half of the building’s second floor, with windows on three sides. The existing layout includes reception and waiting areas, three private offices, a lab or technician room with a sink, a kitchen with a sink, and a laundry closet with hookups. Three separate overnight or treatment rooms each have a full private bathroom. Wood and tile flooring and a sprinkler system are also in place. The suite is currently configured for overnight sleep studies, and its plumbing-intensive layout may support other medical or professional uses, subject to applicable approvals.
The brick building provides secure entry, elevator service, shared restrooms on each floor, and surface parking. The condo fee covers electricity, water and sewer, gas, heating and air conditioning, along with common-area maintenance, building insurance, and association services. The property is in Vienna near Tysons Corner, Inova Fairfax Hospital, Metro stations, I-495, and major Northern Virginia transportation routes. Shopping, dining, and services are nearby.
The brick building provides secure entry, elevator service, shared restrooms on each floor, and surface parking. The condo fee covers electricity, water and sewer, gas, heating and air conditioning, along with common-area maintenance, building insurance, and association services. The property is in Vienna near Tysons Corner, Inova Fairfax Hospital, Metro stations, I-495, and major Northern Virginia transportation routes. Shopping, dining, and services are nearby.
Key Highlights
- Approximately 2,500 SF on the building’s second floor, with windows on three sides
- Three private treatment or overnight rooms, each with an en‑suite full bathroom
- Layout includes three private offices, reception and waiting areas, and a lab or technician room with sink
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,324
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$946,480
$946.5K
Cap Rate 7%
$676,057
$676.1K
Cap Rate 9%
$525,822
$525.8K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$73.8K $29.52/SF
− Vacancy
−$10.7K −$4.28/SF
EGI
$63.1K $25.24/SF
− OpEx
−$15.8K −$6.31/SF
NOI
$47.3K $18.93/SF
Area
Fairfax County, VA
Vacancy
14.50%
Lease Rate
$29.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$946,480
Cap Rate 7%
$676,057
Cap Rate 9%
$525,822
Alternative Uses
Best Use
Office B
$676.1K
$591.6K – $788.7K
NOI $47,324 @ 7.0% cap · market cap 5.26%
Second Best
Healthcare Medical
$650.8K
$569.4K – $759.2K
NOI $45,554 @ 7.0% cap · market cap 5.06%
Theoretical Best
Specialty Retail
$10.48M
$9.17M – $12.23M
NOI $733,556 @ 7.0% cap · market cap 81.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 22180, VA
26,666
Population
10,013
Households
2.7
Avg Household Size
38
Median Age
76%
College-Educated
95%
High-School Grad
5.9 sq mi
ZIP Area
4,520
Density / Sq Mi
$181,467
Median Household Income
$90,369
Median Earnings
$2,335
Median Rent
$916,900
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Second-floor space features a substantial healthcare build-out, elevator access, and surface parking in an established Vienna medical building.
Where is this medical office space located?
The property is located at 201-2235 Cedar Ln Vienna, VA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Approximately 2,500 SF on the building’s second floor, with windows on three sides; Three private treatment or overnight rooms, each with an en‑suite full bathroom; Layout includes three private offices, reception and waiting areas, and a lab or technician room with sink
