Burke Professional Office
5205a Lyngate Ct # 6 Burke, VA 22015
5205a Lyngate Ct # 6, Burke, VA, 22015
$329,000
For Sale
$329,000
Professionally built-out office condo in the heart of Burke, VA.
Property Size1,177 SF
Price / SF$279.52
Days on Market65
Property Features for 5205a Lyngate Ct # 6
General Information
- Standard status
- Active
- Size
- 1,177 SF
- Property subtype
- Single Tenant Office
Building Details
- Year Built
- 1981
Listing agency
K&M Commercial
(703) 734-2822
Listed by
Kayvan Mehrbakhsh
(703) 734-2822
Source
Thebrokerlist
Added: May 18 Updated: Jul 10 at 1:30PM Checked: Jul 21 at 3:50AM
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 K&M Commercial
Investment Insights
Based on property information with market context.
Located in Burke, Virginia, this professionally built-out office condo is situated within the well-maintained Burke Professional Center. The first-floor suite offers approximately 1,177 square feet of space, featuring a reception area, private offices, a conference room, a kitchenette, and a restroom. The suite benefits from abundant natural light and updated finishes. It also offers secure access and free surface parking. The space is suitable for medical, school, personal service, or other professional users. The location provides convenient access to Braddock Road, Rolling Road, and I-495, facilitating regional connectivity. The property's location just outside Washington D.C. offers access to government institutions, major corporations, and a dynamic professional landscape. Burke Lake Park provides a scenic retreat for outdoor activities. The area offers convenient access to major roadways and public transportation, with dining, entertainment, and cultural attractions.
Key Highlights
- Prime Burke, VA location with excellent access to Braddock Road, Rolling Road, and I‑495.
- Professionally built‑out 1,177 SF first‑floor office condo featuring a reception area, private offices, conference room, kitchenette, and restroom.
- Ideal for medical, school, and personal service providers.
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 | $34.7k | $29.52 |
| − Vacancy | −$5.0k | −$4.28 |
| EGI | $29.7k | $25.24 |
| − OpEx | −$7.4k | −$6.31 |
| NOI | $22.3k | $18.93 |
1,177 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$318.3K
$278.5K – $371.3K
NOI $22,280 @ 7.0% cap · market cap 6.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.93M
$4.32M – $5.76M
NOI $345,358 @ 7.0% cap · market cap 104.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Professionally built-out office condo in the heart of Burke, VA.
Where is this office units located?
The property is located at 5205a Lyngate Ct # 6 Burke, VA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Prime Burke, VA location with excellent access to Braddock Road, Rolling Road, and I‑495.; Professionally built‑out 1,177 SF first‑floor office condo featuring a reception area, private offices, conference room, kitchenette, and restroom.; Ideal for medical, school, and personal service providers.
