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Two-Story Office Building
New
For Sale
$595,000

2238 GALLOWS ROAD D, Vienna, VA 22182

Two-story office building with flexible layout, ample parking, and a new roof and central HVAC installed June 2025.

Property Size1,518 SF
Price / SF$391.96
Days on Market3

Property Features for 2238 GALLOWS ROAD D

General Information

Standard status Active
Size 1,518 SF
Property subtype Office
Zoning C-5

Additional Details

Asking Price $595,000
Public Transit Yes

Amenities

fire stand-pipe & hose cabinets
wall safe
locking gates
motion-activated outdoor flood lights

Building Details

Building Size 1,518 SF
Year Built 1980
Buildings 1
Stories 2
Construction masonry
Listing Agency: United Realty, Inc.
Listed By: Jimmy A Yeh · License #0225141669
Source: Kerishull
Added: Jul 29 Changed: Jul 30 Last Checked: Jul 31 at 11:32AM

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 United Realty, Inc.

Investment Insights

Based on property information with market context.

Fee simple mixed-use masonry office building featuring two floors and a customizable interior layout with no bearing walls and knock-out partitions. The first floor was previously used as professional office space. The second floor includes two rooms, two full bathrooms, a kitchen, and an open area, suited for a massage therapy, wellness, or small business use.

The building has a new roof and new central AC/heat systems installed in June 2025, along with security features including fire stand-pipe and hose cabinets on each floor, wall safe, locking gates with keyed latches, and motion-activated outdoor flood lights. Building Lot 7A-1 is 1,518 SF, built in 1980. Below the first floor there is a 36" crawlspace, and above the first floor ceiling there is a 27"-42" plenum, with an attic space between the second floor ceiling and roof designed to support HVAC, electrical, plumbing, or cable rerouting without concrete demolition.

An optional add-on parcel (B-1) offers a 1,778 SF private fenced courtyard. The property is zoned C-5 and is located on Gallows Road in Vienna, with proximity to Tysons Corner and the Mosaic District and close access to both the Tysons Corner and Merrifield Metro stations.

Key Highlights

  • Lot 7A‑1 office building totaling 1,518 SF, built in 1980
  • Two floors with 9'10" ceiling potential and no bearing walls with knock‑out partitions
  • New roof and new central AC/heat systems installed June 2025

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $44.8k $29.52
− Vacancy −$6.5k −$4.28
EGI $38.3k $25.24
− OpEx −$9.6k −$6.31
NOI $28.7k $18.93
1,518 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$410.5K
$359.2K – $478.9K (±1% cap)
NOI $28,735 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.36M
$5.57M – $7.42M (±1% cap)
NOI $445,415 @ 7.0% cap · market cap 74.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Salon LaLa Hair Salon Vigo Bank Comfort Massage Alternative Medicine Practice Washington Group LLC Construction Company Too Sweet Nails Nail Salon

Suggested Use

Top Pick Electrical Service Auto Repair Shop Auto Parts Store (Bike/Boat/Book/etc) Store Plumbing Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

623
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building with flexible layout, ample parking, and a new roof and central HVAC installed June 2025.
Where is this office building located?
The property is located at 2238 GALLOWS ROAD D Vienna, VA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Lot 7A‑1 office building totaling 1,518 SF, built in 1980; Two floors with 9'10" ceiling potential and no bearing walls with knock‑out partitions; New roof and new central AC/heat systems installed June 2025
More about this property
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