Two-Suite Medical Office
For Sale
$561,000
2917 HUNTER MILL Road, Oakton, VA 22124
Commercial Sale, OAKTON, VA
Property Size2,043 SF
Lot Size0.30 Acres
Price / SF$274.60
Days on Market10
Property Features for 2917 HUNTER MILL Road
General Information
Property type
Other
Property subtype
Office
Parking
280
Parking features
Garage, Parking Lot
Elementary school district
FAIRFAX COUNTY PUBLIC SCHOOLS
Middle school district
FAIRFAX COUNTY PUBLIC SCHOOLS
High school district
FAIRFAX COUNTY PUBLIC SCHOOLS
Standard status
Active
Lot size
0.30 Acres
Taxes and HOA fees
Tax Annual Amount
4788
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1980
Building materials
Brick Veneer
Listing Agency:
RE/MAX Supercenter · RE/MAX International
(540) 775-5661
Listed By:
Joseph S Cleveland · License #225191567
(540) 834-3200
Added: Sep 28
Changed: Oct 7
Last Checked: Oct 7 at 5:06PM
MLS# VAFX2343514
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.
Two medical office suites at 2917 Hunter Mill Road are offered together. The larger suite provides 1,657 square feet on the main level, arranged in roughly nine rooms connected by hallways. Several rooms have built-in counters or sink stations, and the suite includes two restrooms. A separate lower-level entrance leads to basement space. The second suite measures 386 square feet and contains two open rooms, a full bath with shower, and a dedicated utility room. It has entrances on opposite sides of the unit.
The property was built in 1980 and features brick veneer construction, forced-air heating, and central air conditioning. Parking features include a garage and parking lot. Hunter Mill Road connects with Chain Bridge Road, I-66, and Route 123, with dining, shopping, and services nearby. The Vienna and Fairfax corridors are also accessible from the property.
The property was built in 1980 and features brick veneer construction, forced-air heating, and central air conditioning. Parking features include a garage and parking lot. Hunter Mill Road connects with Chain Bridge Road, I-66, and Route 123, with dining, shopping, and services nearby. The Vienna and Fairfax corridors are also accessible from the property.
Key Highlights
- Two suites offered together: 1,657 square feet and 386 square feet
- Larger suite has roughly nine rooms, two restrooms, and several built‑in counters or sink stations
- 386‑square‑foot suite includes two open rooms, a full bath with shower, and a utility room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,673
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,460
$773.5K
Cap Rate 7%
$552,471
$552.5K
Cap Rate 9%
$429,700
$429.7K
Market Conditions
NOI Build-Up for 2,043 SF
Gross rent
$60.3K $29.52/SF
− Vacancy
−$8.7K −$4.28/SF
EGI
$51.6K $25.24/SF
− OpEx
−$12.9K −$6.31/SF
NOI
$38.7K $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%
$773,460
Cap Rate 7%
$552,471
Cap Rate 9%
$429,700
Alternative Uses
Best Use
Office B
$552.5K
$483.4K – $644.6K
NOI $38,673 @ 7.0% cap · market cap 6.89%
Second Best
Healthcare Medical
$531.8K
$465.3K – $620.5K
NOI $37,227 @ 7.0% cap · market cap 6.64%
Theoretical Best
Specialty Retail
$8.56M
$7.49M – $9.99M
NOI $599,462 @ 7.0% cap · market cap 106.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
749
Businesses Nearby
Under-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Hunter Mill Animal Hospital — 2935 Chain Bridge Rd, Oakton, VA 22124
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two vacant suites offer layouts ranging from multiple private rooms to a compact two-room configuration.
Where is this medical office space located?
The property is located at 2917 HUNTER MILL Road Oakton, VA.
What is the asking price?
The asking price for this property is $561,000.
What are key features of this property?
This property features: Two suites offered together: 1,657 square feet and 386 square feet; Larger suite has roughly nine rooms, two restrooms, and several built‑in counters or sink stations; 386‑square‑foot suite includes two open rooms, a full bath with shower, and a utility room
