Office Unit with Open Floor
New
For Sale
$312,500
5051 BACKLICK ROAD B 5051-B, Annandale, VA 22003
Configured with private offices, reception area, half bathroom, and ample parking.
Days on Market2
Property Features for 5051 BACKLICK ROAD B 5051-B
General Information
Standard status
Active
Property subtype
Office
Additional Details
Asking Price
$312,500
Building Details
Building Size
1,000 SF
Year Built
1984
Listing Agency:
CENTURY 21 New Millennium
(703) 627-8067
Listed By:
Gurdip K Mangat · License #0225085855
(703) 627-8067
Source:
Dcmetrorealtyteam
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 6:26PM
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
Investment Insights
Based on property information with market context.
This office unit at 5051 Backlick Road in Annandale offers an open floor plan with a flexible commercial layout. The space includes 3 offices, a large reception area, and a half bathroom within the unit. The configuration supports a range of commercial uses while providing distinct office and reception areas.
Built in 1984, the property includes plenty of parking. Unit 5051 A is also available for sale, allowing the opportunity to purchase one unit or both units. The property is located in Annandale, Virginia, on Backlick Road.
Built in 1984, the property includes plenty of parking. Unit 5051 A is also available for sale, allowing the opportunity to purchase one unit or both units. The property is located in Annandale, Virginia, on Backlick Road.
Key Highlights
- Open floor plan with flexible commercial layout
- 3 offices and a large reception area
- Half bathroom within the unit
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 | $29.5k | $29.52 |
| − Vacancy | −$4.3k | −$4.28 |
| EGI | $25.2k | $25.24 |
| − OpEx | −$6.3k | −$6.31 |
| NOI | $18.9k | $18.93 |
1,000 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$270.4K
$236.6K – $315.5K
NOI $18,930 @ 7.0% cap · market cap 6.06%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.19M
$3.67M – $4.89M
NOI $293,423 @ 7.0% cap · market cap 93.90%
Zoning and permitted uses should be independently verified with authorities.
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Configured with private offices, reception area, half bathroom, and ample parking.
Where is this office units located?
The property is located at 5051 BACKLICK ROAD B 5051-B Annandale, VA.
What is the asking price?
The asking price for this property is $312,500.
What are key features of this property?
This property features: Open floor plan with flexible commercial layout; 3 offices and a large reception area; Half bathroom within the unit
