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    Office Unit for Sale Title is generated by Realmo AI

    5524 Hempstead Way, Springfield, VA 22151

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    For Sale
    $369,990

    For-sale office space totaling 1,500 square feet at 5524 Hempstead Way in Springfield, VA.

    Type:Office
    Property size:
    1,500 SF
    Price / SF:
    $246/SF
    Added:
    Apr 24, 2026
    Days on Market:
    52
    Last Refresh:
    Jun 14 at 1:40 am

    Property Features for 5524 Hempstead Way

    General Information

    Standard status
    Active
    Size
    1,500 SF
    Property subtype
    Office

    Building Details

    Year Built
    1982

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    Listing Contact
    Israel Mohammed

    Listing agent Israel Mohammed

    Listing office Slate Realty

    Listing date Apr 24, 2026

    Source Xome

    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 Slate Realty

    HighLights

    • Office space for sale totaling 1,500 SF at 5524 Hempstead Way in Springfield, VA
    • Central air cooling and heating (3)
    • Year built: 1982
    • Zoned 550
    • Parking available on‑site (lot)

    Overview

    This for-sale office unit offers a straightforward commercial layout within a total area of 1,500 square feet. Designed for professional use, the space is suited for a range of office-based tenants and buyers seeking a manageable footprint.

    Located at 5524 Hempstead Way in Springfield, Virginia, the property provides an in-town address for day-to-day operations. Its setting is directly tied to the Hempstead Way location as listed, making it a practical consideration for local firms and other office users evaluating nearby space.

    Because the offering is an office unit rather than a mixed-use configuration, it may fit best for businesses that primarily require dedicated indoor working space. Prospective buyers and tenants can evaluate how the size and office-oriented use align with staffing needs, workflow, and the operational footprint they require. This listing is presented as a commercial real estate sale opportunity for an office space totaling 1,500 square feet.

    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 $44.3k $29.52
    − Vacancy −$6.4k −$4.28
    EGI $37.9k $25.24
    − OpEx −$9.5k −$6.31
    NOI $28.4k $18.93
    1,500 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $405.6K
    $354.9K – $473.3K (±1% cap)
    NOI $28,395 @ 7.0% cap · market cap 7.67%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $6.29M
    $5.50M – $7.34M (±1% cap)
    NOI $440,134 @ 7.0% cap · market cap 118.96%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    MD Maid Easy (Bike/Boat/Book/etc) Store Rent2BuyProperties.com Real Estate Agency Green Maidworks (Bike/Boat/Book/etc) Store Kingdom Liberty Ministries ... Church God's Love Empowered ... Church

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.1864729
    Latitude
    38.8000132

    FAQs

    What type of property is this?
    Office units - For-sale office space totaling 1,500 square feet at 5524 Hempstead Way in Springfield, VA.
    Where is this office units located?
    The property is located at 5524 Hempstead Way Springfield, VA.
    What is the asking price?
    The asking price for this property is $369,990.
    What are key features of this property?
    This property features: Office space for sale totaling 1,500 SF at 5524 Hempstead Way in Springfield, VA; Central air cooling and heating (3); Year built: 1982
    More about this property
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