Medical Office Suite with
211 S KING STREET #B, Leesburg, VA 20175
For Sale
Contact for pricing
Existing medical layout with private parking supports medical, dental, wellness, legal, and professional office uses.
Property Size850 SF
Price / SF$2.12
Days on Market52
Property Features for 211 S KING STREET #B
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Building Details
Year Built
Listing Agency:
4J Real Estate, LLC
(202) 600-0288
Listed By:
Deepika Shashi Agrawal · License #0225234551
(571) 758-7099
Source:
Cummingsrealtors
Added: Sep 18
Changed: Nov 6
Last Checked: Nov 8 at 5:40AM
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 4J Real Estate, LLC
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Investment Insights
Based on property information with market context.
Located at 211 S King Street #B in downtown Leesburg, this approximately 850 SF medical office suite occupies space within a larger office building. The existing buildout includes 2 rooms, a waiting area, and a restroom, providing a functional foundation for medical, dental, wellness, legal, or other professional services. The property was built in 1979.
A private parking lot with 20 total spaces serves the building. The suite is near the Loudoun County Courthouse, Government Center, and Market Station dining, with a South King Street address in central Leesburg.
A private parking lot with 20 total spaces serves the building. The suite is near the Loudoun County Courthouse, Government Center, and Market Station dining, with a South King Street address in central Leesburg.
Key Highlights
- Approximately 850 SF medical office suite
- Existing buildout with 2 rooms, waiting area, and restroom
- Private parking lot with 20 total parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,834
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,680
$316.7K
Cap Rate 7%
$226,200
$226.2K
Cap Rate 9%
$175,933
$175.9K
Market Conditions
NOI Build-Up for 850 SF
Gross rent
$28.3K $33.24/SF
− Vacancy
−$1.9K −$2.19/SF
EGI
$26.4K $31.05/SF
− OpEx
−$10.6K −$12.42/SF
NOI
$15.8K $18.63/SF
Area
Loudoun County, VA
Vacancy
6.60%
Lease Rate
$33.24 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,680
Cap Rate 7%
$226,200
Cap Rate 9%
$175,933
Alternative Uses
Best Use
Office B
$229.9K
$201.1K – $268.2K
NOI $16,090 @ 7.0% cap · market cap 893.89%
Second Best
Healthcare Medical
$226.2K
$197.9K – $263.9K
NOI $15,834 @ 7.0% cap · market cap 879.67%
Theoretical Best
Specialty Retail
$266.4K
$233.1K – $310.8K
NOI $18,647 @ 7.0% cap · market cap 1,035.94%
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
2,221
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20175, VA
33,245
Population
12,695
Households
2.6
Avg Household Size
38
Median Age
64%
College-Educated
94%
High-School Grad
59.0 sq mi
ZIP Area
563
Density / Sq Mi
$168,035
Median Household Income
$80,588
Median Earnings
$2,039
Median Rent
$717,700
Median Home Value
Market
Average Price Trend$/SF for Medical Office Space in Loudoun County, VA
Properties on Market for Medical Office Space in Loudoun County
Vacancy Rate% for Office in South region
Similar Off Market Nearby
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- Robbins Keith DVM — 112 Dry Mill Rd SW, Leesburg, VA 20175
- Pruckowski Peter DVM — 112 Dry Mill Rd SW, Leesburg, VA 20175, United States
- Pease Clinton L DVM — 108 Dry Mill Rd SW, Leesburg, VA 20175
Frequently Asked Questions
What type of property is this?
Medical Office Space - Existing medical layout with private parking supports medical, dental, wellness, legal, and professional office uses.
Where is this medical office space located?
The property is located at 211 S KING STREET #B Leesburg, VA.
What are key features of this property?
This property features: Approximately 850 SF medical office suite; Existing buildout with 2 rooms, waiting area, and restroom; Private parking lot with 20 total parking spaces
