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Office Suite with Rear Parking

313 PARK AVE #300 Falls Church, VA 22046

313 PARK AVE #300, Falls Church, VA, 22046
$250,000
For Sale
$250,000

Commercial/Industrial - FALLS CHURCH, VA

Property Size600 SF
Lot Size1.00 Acre
Price / SF$416.67
Days on Market47

Property Features for 313 PARK AVE #300

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Standard status
Active
Lot size
1.00 Acre

Taxes and HOA fees

Tax Annual Amount
2205

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1965
Number of units
300
Flooring type
Carpet
Building materials
Brick
Roof type
Wood
Architectural style
Other
Listing agency Arlington
Listed by Pat Jordan
Added: Jun 5 Updated: Jun 15 at 11:33AM Checked: Jul 21 at 8:06AM
MLS# VAFA2003990

Copyright © 2026 Long & Foster Real Estate. 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 for-sale office suite at 313 Park Ave #300 offers approximately 600 square feet of space designed for professional use. The property is described as charming and inviting, with a configuration suited to day-to-day office operations.

Located in Falls Church City, the suite is set on a tree-lined street and is approximately one mile from the Metro. The building sits directly across from the Falls Church courthouse and the Falls Church Farmers Market, placing the space in an area known for frequent, walkable activity. Restaurants, cafes, and local shops are also nearby, supporting client visits and everyday accessibility.

With a large parking lot behind the building, the suite provides a convenience feature that is specifically noted as uncommon in Falls Church City. This makes the space practical for a range of office users seeking an established address in a walkable setting, including professional services such as consulting, legal, accounting, and therapy-related practices.

Key Highlights

  • Approximately 600 SF office at 313 Park Avenue in Falls Church City
  • Year built 1965 with brick construction and a wood roof
  • Central heating and central air conditioning

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 (±1% cap)
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 (±1% cap)
NOI $176,054 @ 7.0% cap · market cap 70.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Falls Church Dental ... Dental Office Drs Christopher and Favagehi Dental Office Falls Church Dentistry: ... Dental Office Feldman Irwin S ... Dental Office Seth D Feldman ... Dental Office

Suggested Use

Grocery & Convenience Store Electrical Service Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Store & Service Garden Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Approx. 600 SF office suite near key civic and retail activity, with a large rear parking lot for client convenience.
Where is this office units located?
The property is located at 313 PARK AVE #300 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 SF office at 313 Park Avenue in Falls Church City; Year built 1965 with brick construction and a wood roof; Central heating and central air conditioning
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