Two-Level End-Unit Office
New
For Sale
$575,000
311 MAPLE Avenue W, Vienna, VA 22180
Commercial Sale, VIENNA, VA
Property Size1,600 SF
Price / SF$359.38
Days on Market5
Property Features for 311 MAPLE Avenue W
General Information
Property type
Other
Property subtype
Office
Parking
70
Parking features
Parking Lot
High school
MADISON
Elementary school district
FAIRFAX COUNTY PUBLIC SCHOOLS
Middle school district
FAIRFAX COUNTY PUBLIC SCHOOLS
High school district
FAIRFAX COUNTY PUBLIC SCHOOLS
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
8107
Utilities
Heating system
Heat Pump (Heating), Forced Air
Cooling system
Heat Pump, Central Air
Building Details
Year built
1977
Building materials
Brick
Listing Agency:
Weichert, REALTORS
(703) 938-6070
Listed By:
James A. Shipp · License #0225112118
(703) 855-7447
Added: Sep 20
Changed: Sep 23
Last Checked: Sep 24 at 3:06PM
MLS# VAFX2342338
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.
This 1,600-square-foot office condominium occupies an end unit across two levels within a commercial office complex. The layout includes a reception area with a cathedral ceiling, 4 to 5 private offices, and a conference room furnished with a conference table and chairs. Brick construction, forced-air and heat-pump heating, and central air conditioning support year-round office use.
The property is in Vienna, close to Vienna Metro, Tysons Corner, shops, and restaurants. A parking lot serves the complex, providing convenient access for occupants and visitors. Built in 1977, the unit offers an established office configuration for a business location or additional office site.
The property is in Vienna, close to Vienna Metro, Tysons Corner, shops, and restaurants. A parking lot serves the complex, providing convenient access for occupants and visitors. Built in 1977, the unit offers an established office configuration for a business location or additional office site.
Key Highlights
- 1,600‑square‑foot, two‑level end‑unit office condominium
- Reception area with soaring cathedral ceiling
- 4 to 5 private offices plus a conference room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,288
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$605,760
$605.8K
Cap Rate 7%
$432,686
$432.7K
Cap Rate 9%
$336,533
$336.5K
Market Conditions
NOI Build-Up for 1,600 SF
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.
Gross rent
$47.2K $29.52/SF
− Vacancy
−$6.8K −$4.28/SF
EGI
$40.4K $25.24/SF
− OpEx
−$10.1K −$6.31/SF
NOI
$30.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$605,760
Cap Rate 7%
$432,686
Cap Rate 9%
$336,533
Alternative Uses
Best Use
Office B
$432.7K
$378.6K – $504.8K
NOI $30,288 @ 7.0% cap · market cap 5.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.71M
$5.87M – $7.82M
NOI $469,476 @ 7.0% cap · market cap 81.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
1,797
Businesses Nearby
Explore this area
Business Placement
Demographics for 22180, VA
26,666
Population
10,013
Households
2.7
Avg Household Size
38
Median Age
76%
College-Educated
95%
High-School Grad
5.9 sq mi
ZIP Area
4,520
Density / Sq Mi
$181,467
Median Household Income
$90,369
Median Earnings
$2,335
Median Rent
$916,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Configured with private offices, conference space, a vaulted reception area, and parking lot access.
Where is this office units located?
The property is located at 311 MAPLE Avenue W Vienna, VA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 1,600‑square‑foot, two‑level end‑unit office condominium; Reception area with soaring cathedral ceiling; 4 to 5 private offices plus a conference room
