Medical Office Condo Near
For Sale
$820,031
375-24430 Stone Springs Blvd, Sterling, VA
Move-in-ready medical suite with exam rooms, lab plumbing, kitchenette, and ADA restrooms.
Property Size2,738 SF
Price / SF$299.50
Days on Market63
Property Features for 375-24430 Stone Springs Blvd
General Information
Standard status
Active
Size
2,738 SF
Taxes and HOA fees
Annual Taxes
$7,971
Listing Agency:
Long & Foster Real Estate, Inc.
(703) 573-2600
Listed By:
Tracy Cruz-Johnson · License #0225069393
(571) 332-7508
Source:
Exprealty
Added: Aug 6
Changed: Oct 5
Last Checked: Oct 5 at 7:10PM
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 2,738-square-foot medical office condo provides a modern, efficient layout for clinical operations. The space includes a spacious waiting area, reception and work area, seven exam rooms or offices, a laboratory with sink, kitchenette, two ADA bathrooms, two storage closets, and an IT closet.
The property is adjacent to StoneSprings Hospital Center, an HCA facility, and offers ample surface parking. Nearby retail and dining add convenience for staff and visitors.
The property is adjacent to StoneSprings Hospital Center, an HCA facility, and offers ample surface parking. Nearby retail and dining add convenience for staff and visitors.
Key Highlights
- 2,738 SF medical office condo adjacent to StoneSprings Hospital Center (HCA)
- Seven exam rooms or offices support a flexible clinical layout
- Lab includes a sink; kitchenette also included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,830
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,036,600
$1.0M
Cap Rate 7%
$740,429
$740.4K
Cap Rate 9%
$575,889
$575.9K
Market Conditions
NOI Build-Up for 2,738 SF
Gross rent
$80.8K $29.52/SF
− Vacancy
−$11.7K −$4.28/SF
EGI
$69.1K $25.24/SF
− OpEx
−$17.3K −$6.31/SF
NOI
$51.8K $18.93/SF
Area
Loudoun 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%
$1,036,600
Cap Rate 7%
$740,429
Cap Rate 9%
$575,889
Alternative Uses
Best Use
Office B
$740.4K
$647.9K – $863.8K
NOI $51,830 @ 7.0% cap · market cap 6.32%
Second Best
Healthcare Medical
$728.6K
$637.5K – $850.1K
NOI $51,003 @ 7.0% cap · market cap 6.22%
Theoretical Best
Specialty Retail
$858.1K
$750.8K – $1.00M
NOI $60,065 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Move-in-ready medical suite with exam rooms, lab plumbing, kitchenette, and ADA restrooms.
Where is this medical office space located?
The property is located at 375-24430 Stone Springs Blvd Sterling, VA.
What is the asking price?
The asking price for this property is $820,031.
What are key features of this property?
This property features: 2,738 SF medical office condo adjacent to StoneSprings Hospital Center (HCA); Seven exam rooms or offices support a flexible clinical layout; Lab includes a sink; kitchenette also included
