Annandale Office Space For
4304 Evergreen Ln, Annandale, VA 22003
Office unit in Annandale's commercial district, suitable for various uses.
Type:Office
Property size:
1,322 SFPrice / SF:
$218/SF- Added:
- Mar 13, 2026
- Days on Market:
- 72
- Last Refresh:
- Mar 19 at 11:23 pm
Property Features for 4304 Evergreen Ln
General Information
- Standard status
- Active
- Size
- 1,322 SF
- Property subtype
- Office
Listing agent Erika Garcia License #SP98372810
Listing office Long & Foster Vienna Tysons, VA - Realty
Listing date Mar 13, 2026
Source Crexi
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 Vienna Tysons, VA - Realty
HighLights
- Prime location in the heart of Annandale's C‑3 Commercial District.
- Suitable for a variety of uses including professional offices, adult education, technical training, or beauty/hair school.
- Features 5 private offices (4 with windows), kitchenette, and utility room.
- HOA covers snow removal, building maintenance, water, and trash.
- Abundant natural light and beautiful wood floors.
- Ample parking available.
Overview
This office space is available for sale or lease and is situated in the heart of Annandale, within the C-3 Commercial District. The location is suitable for professional offices, adult education, technical training facilities, or beauty and hair schools. The unit features an ample foyer, five private offices, four of which have windows, a kitchenette, a utility room, and one bathroom. The space benefits from wood floors and abundant natural light. The layout is designed for efficiency. This is a second-floor unit, and there is no elevator. The Homeowners Association (HOA) covers snow removal, building maintenance, water, and trash services. Ample parking is available. The property has a size of 1322 square feet.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$278.1K
NOI $25,025 @ 9.00% cap · cautious / downside scenario
Moderate
$357.5K
NOI $25,025 @ 7.00% cap · market / base-case scenario
Aggressive
$500.5K
NOI $25,025 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.0k | $29.52 |
| − Vacancy | −$5.7k | −$4.28 |
| EGI | $33.4k | $25.24 |
| − OpEx | −$8.3k | −$6.31 |
| NOI | $25.0k | $18.93 |
1,322 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$357.5K
$312.8K – $417.1K
NOI $25,025 @ 7.0% cap · market cap 8.66%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.54M
$4.85M – $6.47M
NOI $387,905 @ 7.0% cap · market cap 134.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
ART DE LA ...
Hair Salon
Mr. Kyung Kim
Physician
Young T Pyon ...
Accounting Firm
AJ Engineers, Inc.
Construction Company
Beautybyshayy
Spa & Massage Center
Location Insight
- Map
- Local Demand
- City
- Annandale
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.1865444
- Latitude
- 38.8311645
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Office unit in Annandale's commercial district, suitable for various uses.
Where is this office units located?
The property is located at 4304 Evergreen Ln Annandale, VA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Prime location in the heart of Annandale's C‑3 Commercial District.; Suitable for a variety of uses including professional offices, adult education, technical training, or beauty/hair school.; Features **5 private offices** (4 with windows), kitchenette, and utility room.
