Office Suite with Rear
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
(888) 536-0216
Listed by
Pat Jordan
(888) 536-0216
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.
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
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
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
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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