4600 DUKE Street Alexandria, VA 22304
Commercial Sale - ALEXANDRIA, VA
- Added:
- Jul 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 11 at 7:06 pm
Property Features for 4600 DUKE Street
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 300
- Parking features
- Special Needs, Parking Lot
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 2811
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1967
- Number of units
- 450
- Building materials
- Brick
Listing agent WAI LUN L LEUNG License #0225204506 (571) 497-4607
Listing office Century 21 Redwood Realty 1616 P Street, FREDERICKSBURG, VA (202) 506-3674
Listing date Jul 10, 2026
Copyright © 2026 Bright MLS. 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.
Situated in the Forty Six Hundred condominium community at 4600 Duke Street, the property is located within zoning RC (Residential-Commercial Mixed-Use). The building offers five elevators and a secure lobby with 24/7 concierge service, along with a dedicated storage unit and permit parking.
The association fee includes primary utilities, covering electricity, heating, cooling, gas, water, sewer, and trash disposal. Nearby conveniences include an ALDI grocery store outside the building and the Foxchase Shopping Center across the street, with additional outdoor access to Holmes Run Trail and Ben Brenman Park immediately behind the complex.
Key Highlights
- 1,140 finished SF condo unit with 2 bedrooms and 1 full bathroom in the Forty Six Hundred condominium community
- RC (Residential‑Commercial Mixed‑Use) zoning allowing residential occupancy, commercial business operations, or live/work use
- 9‑foot ceilings and original hardwood floors with large windows for natural light and city views
Local Financial Insights For Mixed Use
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 | $34.2k | $30.00 |
| − Vacancy | −$2.4k | −$2.10 |
| EGI | $31.8k | $27.90 |
| − OpEx | −$11.9k | −$10.46 |
| NOI | $19.9k | $17.44 |
