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Two-Suite Medical Office Property
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 Market13

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
Listed By: Joseph S Cleveland · License #225191567
Added: Sep 28 Changed: Oct 9 Last Checked: Oct 10 at 9:06AM
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. Unit 11 contains 1,657 square feet on the main level, arranged around a foyer and hallways with roughly nine rooms. Several rooms have built-in counters or sink stations, and the suite includes two restrooms. A separate lower-level entrance leads to basement space suitable for storage or other use. Unit 27 offers 386 square feet across two open rooms, with a full bath with shower, a utility room, and doors on opposite sides of the suite.

Both units are vacant and the property is offered as-is. The building dates to 1980 and has brick veneer construction, forced-air heating, central air, garage parking, and a parking lot. Hunter Mill Road connects with Chain Bridge Road, I-66, and Route 123, with access to the Vienna and Fairfax corridors. Dining, shopping, and services are nearby.

Key Highlights

  • Two suites offered together: Unit 11 and Unit 27
  • Unit 11 has 1,657 sq ft on the main level and roughly nine rooms
  • Unit 27 has 386 sq ft, 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 (±1% cap)
NOI $38,673 @ 7.0% cap · market cap 6.89%
Second Best
Healthcare Medical
$531.8K
$465.3K – $620.5K (±1% cap)
NOI $37,227 @ 7.0% cap · market cap 6.64%
Theoretical Best
Specialty Retail
$8.56M
$7.49M – $9.99M (±1% cap)
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

Medical Office Space

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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

749
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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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 - Private rooms, sink stations, and separate entrances support a range of professional service configurations.
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: Unit 11 and Unit 27; Unit 11 has 1,657 sq ft on the main level and roughly nine rooms; Unit 27 has 386 sq ft, two open rooms, a full bath with shower, and a utility room
More about this property
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