Windowed Office Unit with Open
For Sale
$1,549,000
210b-1964 Gallows Rd, Vienna, VA 22182
Private offices, conference rooms, training areas, and a kitchen support varied workplace configurations.
Property Size5,146 SF
Price / SF$301.01
Days on Market318
Property Features for 210b-1964 Gallows Rd
General Information
Standard status
Active
Size
5,146 SF
Site & Location
Highway Access
Yes
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$17,550
Listing Agency:
RE/MAX Real Estate Connections
(202) 716-7900
Listed By:
Kesh Tayal · License #0225063405
(202) 716-7900
Source:
Exprealty
Added: Oct 17, 2025
Changed: Aug 29
Last Checked: Aug 29 at 5:53PM
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 Real Estate Connections
Investment Insights
Based on property information with market context.
This 5, 146 SF office unit in Tysons Corner features an open plan with window-lined offices, private offices, conference rooms, training areas, a kitchen, and a reception area accessed through double glass doors. The layout also includes a spacious conference room suited to meetings and presentations, along with updated entryways, common-area hallways, and bathrooms.
The property is located at 210b-1964 Gallows Rd in Vienna, with access to Tysons Metro Station, Dunn Loring Metro, Rt. 7, I-495, I-66, and the Dulles Toll Road. Tysons Corner Center is nearby, and the office includes dedicated garage and outdoor parking spaces plus street parking.
The property is located at 210b-1964 Gallows Rd in Vienna, with access to Tysons Metro Station, Dunn Loring Metro, Rt. 7, I-495, I-66, and the Dulles Toll Road. Tysons Corner Center is nearby, and the office includes dedicated garage and outdoor parking spaces plus street parking.
Key Highlights
- 5, 146 SF office unit in Tysons Corner
- Open plan with window‑lined offices and natural light
- Private offices, conference rooms, training areas, kitchen, and reception
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$97,412
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,948,240
$1.9M
Cap Rate 7%
$1,391,600
$1.4M
Cap Rate 9%
$1,082,356
$1.1M
Market Conditions
NOI Build-Up for 5,146 SF
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.
Gross rent
$151.9K $29.52/SF
− Vacancy
−$22.0K −$4.28/SF
EGI
$129.9K $25.24/SF
− OpEx
−$32.5K −$6.31/SF
NOI
$97.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,948,240
Cap Rate 7%
$1,391,600
Cap Rate 9%
$1,082,356
Alternative Uses
Best Use
Office B
$1.39M
$1.22M – $1.62M
NOI $97,412 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$21.57M
$18.87M – $25.17M
NOI $1,509,952 @ 7.0% cap · market cap 97.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,090
Businesses Nearby
Explore this area
Business Placement
Demographics for 22182, VA
27,778
Population
10,285
Households
2.7
Avg Household Size
42
Median Age
82%
College-Educated
97%
High-School Grad
12.5 sq mi
ZIP Area
2,222
Density / Sq Mi
$200,038
Median Household Income
$102,749
Median Earnings
$2,618
Median Rent
$1,086,600
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 - Private offices, conference rooms, training areas, and a kitchen support varied workplace configurations.
Where is this office units located?
The property is located at 210b-1964 Gallows Rd Vienna, VA.
What is the asking price?
The asking price for this property is $1,549,000.
What are key features of this property?
This property features: 5, 146 SF office unit in Tysons Corner; Open plan with window‑lined offices and natural light; Private offices, conference rooms, training areas, kitchen, and reception
