Second-Floor Hair Salon
New
For Sale
$800,000
4538 JOHN MARR DRIVE B 13, Annandale, VA 22003
Operating salon business with existing fixtures and equipment conveys in as-is condition.
Property Size1,676 SF
Days on Market4
Property Features for 4538 JOHN MARR DRIVE B 13
General Information
Standard status
Active
Size
1,676 SF
Property subtype
Mixed Use
Additional Details
Floor
2
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$6,884
Building Details
Building Size
1,676 SF
Year Built
1980
Listing Agency:
KW United
(703) 395-8087
Listed By:
Jae Sun Park · License #0225069801
(703) 395-8087
Source:
Barnesrealestatecompany
Added: Aug 2
Changed: Aug 3
Last Checked: Aug 5 at 5:14AM
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 KW United
Investment Insights
Based on property information with market context.
This second-floor commercial condominium includes an operating hair salon business along with the existing salon equipment and fixtures. The improvements are conveyed in as-is condition, providing a defined setup for continued salon use. The property was built in 1980.
Located at 4538 John Marr Drive in Annandale, Virginia, the space offers access to major roads and on-site parking. Water and trash service are included through the condominium association. The offering combines the commercial unit with the existing hair salon operation.
Located at 4538 John Marr Drive in Annandale, Virginia, the space offers access to major roads and on-site parking. Water and trash service are included through the condominium association. The offering combines the commercial unit with the existing hair salon operation.
Key Highlights
- Second‑floor commercial condominium at 4538 John Marr Drive B 13
- Operating hair salon business included with the real estate
- Salon equipment and fixtures convey in as‑is condition
Financial Insights For Retail
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 | $68.0k | $40.56 |
| − Vacancy | −$2.3k | −$1.38 |
| EGI | $65.7k | $39.18 |
| − OpEx | −$19.7k | −$11.75 |
| NOI | $46.0k | $27.43 |
1,676 SF · lease $40.56/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$656.7K
$574.6K – $766.1K
NOI $45,967 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.03M
$6.15M – $8.20M
NOI $491,776 @ 7.0% cap · market cap 61.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,903
Businesses Nearby
409k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 30%
Groceries 25%
Apparel 3%
Chick-fil-A
Dining
43,531 visits/mo
0.1 miles
Safeway
Groceries
37,874 visits/mo
0.4 miles
Giant
Groceries
28,758 visits/mo
0.1 miles
Aldi
Groceries
27,979 visits/mo
0.5 miles
Speedway
Shops & Services
23,343 visits/mo
0.2 miles
Demographics for 22003, VA
59,372
Population
19,497
Households
3
Avg Household Size
39
Median Age
51%
College-Educated
87%
High-School Grad
12.6 sq mi
ZIP Area
4,712
Density / Sq Mi
$134,109
Median Household Income
$54,906
Median Earnings
$1,988
Median Rent
$694,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Spa & wellness property - Operating salon business with existing fixtures and equipment conveys in as-is condition.
Where is this spa & wellness property located?
The property is located at 4538 JOHN MARR DRIVE B 13 Annandale, VA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Second‑floor commercial condominium at 4538 John Marr Drive B 13; Operating hair salon business included with the real estate; Salon equipment and fixtures convey in as‑is condition
