Remodeled First-Floor Office
For Sale
$230,000
3713 S GEORGE MASON DRIVE #C1W, Falls Church, VA 22041
Three-office professional suite with a half bath, four reserved parking spaces, and access to extensive building amenities.
Property Size960 SF
Price / SF$239.58
Days on Market78
Property Features for 3713 S GEORGE MASON DRIVE #C1W
General Information
Standard status
Active
Size
960 SF
Total Parking Spaces
4
Property subtype
Commercial
Additional Details
Floor
1
HOA Fee
$660.14
Office Units
1
Amenities
master insurance policy
water
building maintenance
24 Hrs. security services
security access control
reception desk
extra storage space
fitness center
outdoor pool
sauna
billiard room
game room
party room
clubhouse for events
Building Details
Year Built
1979
Listing Agency:
Bonilla and Associates LLC
Listed By:
Fanny M Bonilla| · License #621474
(571) 275-1633
Source:
Cummingsrealtors
Added: Jul 31
Changed: Oct 15
Last Checked: Oct 16 at 8:33AM
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 Bonilla and Associates LLC
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Investment Insights
Based on property information with market context.
This 960 SF first-floor office unit provides three private offices and one half bath. Improvements completed in 2025-2026 include tile flooring, a remodeled bathroom, a new glass entry door, an A/C system, and ceiling updates, along with fresh paint. Four reserved parking spaces are included.
The unit is located within a 1979 building containing 556 residential units. Shared property features include a reception desk, 24-hour security, controlled access, guest parking, extra storage, a fitness center, outdoor pool, sauna, billiard room, game room, party room, and clubhouse space for events. The monthly condo fee includes the master insurance policy, water, and building maintenance.
The unit is located within a 1979 building containing 556 residential units. Shared property features include a reception desk, 24-hour security, controlled access, guest parking, extra storage, a fitness center, outdoor pool, sauna, billiard room, game room, party room, and clubhouse space for events. The monthly condo fee includes the master insurance policy, water, and building maintenance.
Key Highlights
- 960 SF first‑floor office unit
- Three offices and one half bath
- Remodeled in 2025‑2026 with updated flooring, bathroom, entry door, A/C system, ceiling, and fresh paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,173
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,460
$363.5K
Cap Rate 7%
$259,614
$259.6K
Cap Rate 9%
$201,922
$201.9K
Market Conditions
NOI Build-Up for 960 SF
Gross rent
$28.3K $29.52/SF
− Vacancy
−$4.1K −$4.28/SF
EGI
$24.2K $25.24/SF
− OpEx
−$6.1K −$6.31/SF
NOI
$18.2K $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%
$363,460
Cap Rate 7%
$259,614
Cap Rate 9%
$201,922
Alternative Uses
Best Use
Office B
$259.6K
$227.2K – $302.9K
NOI $18,173 @ 7.0% cap · market cap 7.90%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.02M
$3.52M – $4.69M
NOI $281,686 @ 7.0% cap · market cap 122.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
1,873
Businesses Nearby
Explore this area
Business Placement
Demographics for 22041, VA
28,039
Population
11,567
Households
2.4
Avg Household Size
36
Median Age
47%
College-Educated
82%
High-School Grad
2.8 sq mi
ZIP Area
10,014
Density / Sq Mi
$91,075
Median Household Income
$46,350
Median Earnings
$1,913
Median Rent
$432,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Three-office professional suite with a half bath, four reserved parking spaces, and access to extensive building amenities.
Where is this office units located?
The property is located at 3713 S GEORGE MASON DRIVE #C1W Falls Church, VA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 960 SF first‑floor office unit; Three offices and one half bath; Remodeled in 2025‑2026 with updated flooring, bathroom, entry door, A/C system, ceiling, and fresh paint
