Two-Unit Office
For Sale
$625,000
5051 Backlick Road A & B, Annandale, VA 22003
Flexible commercial layout with private offices, shared reception, kitchen amenities, and dedicated parking.
Property Size2,000 SF
Price / SF$312.50
Days on Market61
Property Features for 5051 Backlick Road A & B
General Information
Standard status
Active
Size
2,000 SF
Additional Details
Asking Price
$625,000
Building Details
Year Built
1984
Listing Agency:
CENTURY 21 New Millennium
Listed By:
Gurdip K Mangat · License #0225085855
(703) 627-8067
Source:
Selltheshore
Added: Sep 2
Changed: Oct 25
Last Checked: Oct 7 at 3:58PM
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 CENTURY 21 New Millennium
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property combines two units within approximately 2,000 square feet of commercial space. The interior includes seven offices, two bathrooms, a generous reception area, and additional open space for reconfiguration. A kitchen with cabinetry, refrigerator, and an eat-in area supports daily staff use, while natural light contributes to the interior environment. The property was built in 1984 and includes a dedicated parking lot for employees and visitors. Located at 5051 Backlick Road A & B in Annandale, Virginia, the offering provides an established office configuration with room to adapt the layout to different business requirements.
Key Highlights
- Approximately 2,000 square feet of office space
- Configured as 2 units: 5051 A and 5051 B
- 7 offices and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,859
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,180
$757.2K
Cap Rate 7%
$540,843
$540.8K
Cap Rate 9%
$420,656
$420.7K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$59.0K $29.52/SF
− Vacancy
−$8.6K −$4.28/SF
EGI
$50.5K $25.24/SF
− OpEx
−$12.6K −$6.31/SF
NOI
$37.9K $18.93/SF
Area
Fairfax County, VA
Vacancy
14.50%
Lease Rate
$29.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,180
Cap Rate 7%
$540,843
Cap Rate 9%
$420,656
Alternative Uses
Best Use
Office B
$540.8K
$473.2K – $631.0K
NOI $37,859 @ 7.0% cap · market cap 6.06%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$8.38M
$7.34M – $9.78M
NOI $586,845 @ 7.0% cap · market cap 93.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
Explore this area
Business Placement
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 Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible commercial layout with private offices, shared reception, kitchen amenities, and dedicated parking.
Where is this office unit located?
The property is located at 5051 Backlick Road A & B Annandale, VA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Approximately 2,000 square feet of office space; Configured as 2 units: 5051 A and 5051 B; 7 offices and 2 bathrooms
