Building Details

Year built 1980

Building materials Block, Tile

Listing Agency: EXP Realty, LLC d***@exprealty.com Show Phone

Listed By: Christopher Craddock · License #0225207192 Show Phone

Added: Oct 2 Last Checked: Oct 10 at 8:06AM

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MLS# VAFX2343050

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This vacant office condominium contains 1,166 square feet arranged as four rooms, each with its own entrance. Natural light, an in-suite restroom, and a kitchen area round out the interior. Building amenities include a conference room available by reservation, and the property has on-site parking. Central heating and central air conditioning serve the unit.

Located in Oakton Professional Center near Hunter Mill Road and Chain Bridge Road, the property is close to Oakton Shopping Center, restaurants, shops, and everyday services. Vienna, Fairfax, Tysons, and Reston are also accessible from the area.

Key Highlights

• 1,166‑square‑foot office condominium
• Four separate rooms, each with an independent entrance
• In‑suite restroom and kitchen area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$22,072

Cap Rate

7.36%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$441,440 $441.4K

Cap Rate 7%

$315,314 $315.3K

Cap Rate 9%

$245,244 $245.2K

Market Conditions

NOI Build-Up for 1,166 SF

Gross rent

$34.4K $29.52/SF

− Vacancy

−$5.0K −$4.28/SF

EGI

$29.4K $25.24/SF

− OpEx

−$7.4K −$6.31/SF

NOI

$22.1K $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%

$441,440

Cap Rate 7%

$315,314

Cap Rate 9%

$245,244

Alternative Uses

Best Use

Office B

$315.3K

$275.9K – $367.9K (±1% cap)

NOI $22,072 @ 7.0% cap · market cap 7.36%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$4.89M

$4.28M – $5.70M (±1% cap)

NOI $342,131 @ 7.0% cap · market cap 114.04%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Hair Salon Auto Repair Shop Auto Parts Store Nail Salon Restaurant Big Box & Wholesale Store

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

749

Businesses Nearby

Explore this area Business Placement

Demographics for 22124, VA

18,488

Population

7,049

Households

2.6

Avg Household Size

43

Median Age

81%

College-Educated

99%

High-School Grad

10.3 sq mi

ZIP Area

1,795

Density / Sq Mi

$216,712

Median Household Income

$114,420

Median Earnings

$2,469

Median Rent

$979,900

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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - The suite includes an in-unit restroom and kitchen area for day-to-day convenience.

Where is this office units located?

The property is located at 2915 HUNTER MILL Road Oakton, VA.

What is the asking price?

The asking price for this property is $300,000.

What are key features of this property?

This property features: 1,166‑square‑foot office condominium; Four separate rooms, each with an independent entrance; In‑suite restroom and kitchen area