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Lakefront Condo Unit For Sale

46175 Westlake Dr Potomac Falls, VA 20165

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For Sale
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3500 sqft condo with lake views and nearby retail.

Type:OFFICE
Property size:
3,500 SF
Lot size:
1.46 Acres
Price / SF:
$235/SF
Added:
Jul 17, 2025
Days on Market:
360
Last Refresh:
May 20 at 9:26 pm

Property Features for 46175 Westlake Dr

General Information

Standard status
Active
Size
3,500 SF
Lot size
1.46 Acres
Property subtype
OFFICE

Listing office Lauer Commercial Real Estate

Listing date Jul 17, 2025

Source Moodyscre

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 Lauer Commercial Real Estate


Investment Insights

Based on property information with market context.

This 3500 square foot condo unit is available for sale. The property is located directly on the lake and features three entrances. The unit contains 6 to 7 separate offices and an open area suitable for collaborative work. Signage is available in front of the building and facing Bungalow Lake House on the lake. The property is located across the street from the planned expansion of Cascades Marketplace, which will include up to 850 residential units and 30,000 square feet of new retail space.

Key Highlights

  • Lakefront location with direct access to Bungalow Lake House and Ivy by the Lake
  • Large 3500 sqft condo unit
  • Close proximity to the proposed Cascades Marketplace expansion with new retail and residential units

Local Financial Insights For Office B

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 $103.3k $29.52
− Vacancy −$15.0k −$4.28
EGI $88.3k $25.24
− OpEx −$22.1k −$6.31
NOI $66.3k $18.93
3,500 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$946.5K
$828.2K – $1.10M (±1% cap)
NOI $66,254 @ 7.0% cap · market cap 8.06%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.10M
$959.8K – $1.28M (±1% cap)
NOI $76,781 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

SuperKids Pediatric Dentistry Dental Office Dr. Bruce S. ... Dental Office WestLake Dental Care Dental Office Izadi Orthodontics Dental Office Advanced Chiropractic-Sterling Alternative Medicine Practice

Suggested Use

Auto Repair Shop Building Supply Big Box & Wholesale Store Auto Parts Store Law Firm Storage Facility Garden Center HVAC Service Hotel & Motel (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - 3500 sqft condo with lake views and nearby retail.
Where is this office units located?
The property is located at 46175 Westlake Dr Potomac Falls, VA.
What is the asking price?
The asking price for this property is $822,500.
What are key features of this property?
This property features: Lakefront location with direct access to Bungalow Lake House and Ivy by the Lake; **Large 3500 sqft condo unit**; Close proximity to the proposed Cascades Marketplace expansion with new retail and residential units
Contact an agent
(703) 620-2500 Call to check price and availability
More about this property
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