Downtown Office Suite with
300-313 Park Ave Falls Church, VA 22046
300-313 Park Ave, Falls Church, VA, 22046
$250,000
For Sale
$250,000
Charming approximately 600-square-foot office suite in Falls Church City across from the courthouse.
Property Size600 SF
Price / SF$416.67
Days on Market47
Property Features for 300-313 Park Ave
General Information
- Standard status
- Active
- Size
- 600 SF
Listing agency
Long & Foster Real Estate, Inc.
(703) 402-4507
Listed by
Patricia Ann Jordan
(703) 402-4507
Source
Exprealty
Added: Jun 5 Updated: Jul 21 at 4:23AM Checked: Jul 21 at 4:23AM
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.
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
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.7k | $29.52 |
| − Vacancy | −$2.6k | −$4.28 |
| EGI | $15.1k | $25.24 |
| − OpEx | −$3.8k | −$6.31 |
| NOI | $11.4k | $18.93 |
600 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Charming approximately 600-square-foot office suite in Falls Church City across from the courthouse.
Where is this office units 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
