Downtown Office Suite with
For Sale
$250,000
300-313 Park Ave, Falls Church, VA 22046
Charming approximately 600-square-foot office suite in Falls Church City across from the courthouse.
Property Size600 SF
Price / SF$416.67
Days on Market143
Property Features for 300-313 Park Ave
General Information
Standard status
Active
Size
600 SF
Taxes and HOA fees
Annual Taxes
$2,205
Listing Agency:
Long & Foster Real Estate, Inc.
(703) 522-0500
Listed By:
Patricia Ann Jordan
(703) 402-4507
Source:
Exprealty
Added: Jun 5
Changed: Oct 23
Last Checked: Oct 24 at 10:00PM
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 Long & Foster Real Estate, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale office suite offers approximately 600 square feet of space at 300–313 Park Ave in Falls Church City. The property is positioned to benefit from a visible downtown setting, and the overall configuration is well-suited for professional use.
The suite is directly across from the Falls Church courthouse and near the Falls Church Farmers Market. The building also includes a large parking lot behind it, an uncommon amenity in Falls Church City.
Offered as an opportunity to own an office space in a walkable area, the property places professional services within easy reach of nearby restaurants, cafes, and local shops.
The suite is directly across from the Falls Church courthouse and near the Falls Church Farmers Market. The building also includes a large parking lot behind it, an uncommon amenity in Falls Church City.
Offered as an opportunity to own an office space in a walkable area, the property places professional services within easy reach of nearby restaurants, cafes, and local shops.
Key Highlights
- Approximately 600‑square‑foot office suite at 313 Park Avenue in Falls Church City
- Located directly across from the Falls Church courthouse
- Set on a tree‑lined street; about one mile from Metro
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,358
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,160
$227.2K
Cap Rate 7%
$162,257
$162.3K
Cap Rate 9%
$126,200
$126.2K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$17.7K $29.52/SF
− Vacancy
−$2.6K −$4.28/SF
EGI
$15.1K $25.24/SF
− OpEx
−$3.8K −$6.31/SF
NOI
$11.4K $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%
$227,160
Cap Rate 7%
$162,257
Cap Rate 9%
$126,200
Alternative Uses
Best Use
Office B
$162.3K
$142.0K – $189.3K
NOI $11,358 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.52M
$2.20M – $2.93M
NOI $176,054 @ 7.0% cap · market cap 70.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,884
Businesses Nearby
Explore this area
Business Placement
Demographics for 22046, VA
18,576
Population
7,303
Households
2.5
Avg Household Size
40
Median Age
76%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
6,880
Density / Sq Mi
$175,446
Median Household Income
$83,566
Median Earnings
$2,216
Median Rent
$963,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Charming approximately 600-square-foot office suite in Falls Church City across from the courthouse.
Where is this office unit located?
The property is located at 300-313 Park Ave Falls Church, VA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Approximately 600‑square‑foot office suite at 313 Park Avenue in Falls Church City; Located directly across from the Falls Church courthouse; Set on a tree‑lined street; about one mile from Metro
