2-Suite Medical Office
For Sale
$561,000
2917 Hunter Mill Road # 11 & 27, Oakton, VA 22124
Two vacant units offer distinct configurations, from a multi-room practice suite to a compact space with a private bath.
Property Size2,043 SF
Price / SF$274.60
Days on Market12
Property Features for 2917 Hunter Mill Road # 11 & 27
General Information
Standard status
Active
Size
2,043 SF
Zoning
420
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
HOA Fee
$468
Office Units
2
Property Use
Office
Taxes and HOA fees
Annual Taxes
$4,788
Amenities
Electric
Yes
3
Public
0.30
No
Estimated
Parking Lot,Public Garage
140
2043.00
74900.00
280
Building Details
Building Size
2,043 SF
Year Built
1980
Buildings
1
Owner Occupied
No
Listing Agency:
(703) 307-3449
Listed By:
John Ginty
(571) 313-5831
Source:
Gojcfrealestate
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 3:02PM
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 John Ginty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The offering combines two medical office suites at 2917 Hunter Mill Road. Unit 11 contains 1,657 sq ft on the main level, arranged across roughly nine rooms with a foyer, two restrooms, and several rooms fitted with counters or sink stations. A separate entrance and stairway lead to additional lower-level space. Unit 27 measures 386 sq ft and includes two open rooms, a full bath with shower, and a utility room; entrances are located on opposite sides of the suite. The property was built in 1980.
Hunter Mill Road connects with Chain Bridge Road, I-66, and Route 123, with the Vienna and Fairfax corridors accessible from the area. Dining, retail, and services are nearby.
Hunter Mill Road connects with Chain Bridge Road, I-66, and Route 123, with the Vienna and Fairfax corridors accessible from the area. Dining, retail, and services are nearby.
Key Highlights
- Two medical office units offered together; both are currently vacant
- Unit 11: 1,657 sq ft on the main level, roughly nine rooms, and two restrooms
- Unit 27: 386 sq ft with 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.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Highway access
Yes
Paved road 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
Market
Vacancy Rate% for Office in South region
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 units offer distinct configurations, from a multi-room practice suite to a compact space with a private bath.
Where is this medical office space located?
The property is located at 2917 Hunter Mill Road # 11 & 27 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 medical office units offered together; both are currently vacant; Unit 11: 1,657 sq ft on the main level, roughly nine rooms, and two restrooms; Unit 27: 386 sq ft with two open rooms, a full bath with shower, and a utility room
