Residential Income
For Sale
$400,000
Pending
5000 7TH ROAD S Unit 101, Arlington, VA 22204
The ground-floor residence features a remodeled kitchen, new appliances, and community amenities covered by the condo fee.
Property Size1,282 SF
Days on Market22
Property Features for 5000 7TH ROAD S Unit 101
General Information
Standard status
Pending
Size
1,282 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Arlington Mill
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,963
Amenities
community pool
Building Details
Building Size
1,282 SF
Year Built
1969
Listing Agency:
KW United
Listed By:
Roberto A Mejicano Varela · License #0225218932
(703) 568-9788
Source:
Jackrealtygroup
Added: Oct 14
Changed: Oct 27
Last Checked: Nov 4 at 8:03AM
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
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Investment Insights
Based on property information with market context.
This 1,282-square-foot residence is on the ground floor of the Park Spring community. Its kitchen has been remodeled with new appliances, and the unit has fresh paint throughout. The building dates to 1969, and the ground-floor placement provides step-free entry.
The condo fee covers water, gas, trash service, pool access, pest control, and maintenance of shared areas. The property is near Columbia Pike and bus routes, with access to Pentagon City, Ballston, I-395, Route 50, shops, and dining.
The condo fee covers water, gas, trash service, pool access, pest control, and maintenance of shared areas. The property is near Columbia Pike and bus routes, with access to Pentagon City, Ballston, I-395, Route 50, shops, and dining.
Key Highlights
- 1,282‑square‑foot ground‑floor condo in the Park Spring community
- Condo fee includes water, gas, trash, pool access, pest control, and common‑area maintenance
- Near Columbia Pike and bus routes, with access to Pentagon City, Ballston, I‑395, and Route 50
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,292
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,840
$385.8K
Cap Rate 7%
$275,600
$275.6K
Cap Rate 9%
$214,356
$214.4K
Market Conditions
NOI Build-Up for 1,282 SF
Gross rent
$36.9K $28.80/SF
− Vacancy
−$1.8K −$1.44/SF
EGI
$35.1K $27.36/SF
− OpEx
−$15.8K −$12.31/SF
NOI
$19.3K $15.05/SF
Area
Arlington, VA
Vacancy
5.00%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,840
Cap Rate 7%
$275,600
Cap Rate 9%
$214,356
Alternative Uses
Best Use
Apartment 5plus
$275.6K
$241.2K – $321.5K
NOI $19,292 @ 7.0% cap · market cap 4.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$712.1K
$623.1K – $830.7K
NOI $49,844 @ 7.0% cap · market cap 12.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,049
Businesses Nearby
Explore this area
Business Placement
Demographics for 22204, VA
52,761
Population
24,128
Households
2.2
Avg Household Size
35
Median Age
62%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
12,869
Density / Sq Mi
$109,277
Median Household Income
$73,091
Median Earnings
$1,871
Median Rent
$672,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - The ground-floor residence features a remodeled kitchen, new appliances, and community amenities covered by the condo fee.
Where is this residential income property located?
The property is located at 5000 7TH ROAD S Unit 101 Arlington, VA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1,282‑square‑foot ground‑floor condo in the Park Spring community; Condo fee includes water, gas, trash, pool access, pest control, and common‑area maintenance; Near Columbia Pike and bus routes, with access to Pentagon City, Ballston, I‑395, and Route 50
