Medical Office Condo
611 S Carlin Springs Road Unit 406 Arlington, VA 22204
611 S Carlin Springs Road Unit 406, Arlington, VA, 22204
$235,000
For Sale
$235,000
Move-in ready medical condo suite with four exam rooms, reception area, bathroom, and computer room.
Property Size886 SF
Price / SF$265.24
Days on Market178
Property Features for 611 S Carlin Springs Road Unit 406
General Information
- Standard status
- Active
- Size
- 886 SF
- Property subtype
- Office
Building Details
- Year Built
- 1981
Listing agency
(703) 819-8406
Listed by
Compass
(703) 819-8406
Source
Xome
Added: Jan 25 Updated: Jul 21 at 12:57AM Checked: Jul 22 at 3:44AM
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 Compass
Investment Insights
Based on property information with market context.
This medical office condo suite is move-in ready and built out for healthcare use. The unit includes four exam rooms with plumbing and sinks, along with a reception area, a bathroom, and a computer room. There are two entrances to the office, providing flexible access for day-to-day operations.
The suite is located in a building that also includes a pharmacy. The property offers convenient accessibility close to Rt 7, Columbia Pike, and Rt 50.
The interior configuration supports clinical workflows with dedicated exam spaces and supporting front-of-house and administrative areas already in place.
The suite is located in a building that also includes a pharmacy. The property offers convenient accessibility close to Rt 7, Columbia Pike, and Rt 50.
The interior configuration supports clinical workflows with dedicated exam spaces and supporting front-of-house and administrative areas already in place.
Key Highlights
- Move‑in ready medical condo suite with 4 exam rooms, plumbing, and sinks
- Includes reception area, bathroom, and computer room
- Two entrances to the office
Local Financial Insights For Healthcare Medical
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 | $23.9k | $27.00 |
| − Vacancy | −$1.8k | −$2.03 |
| EGI | $22.1k | $24.98 |
| − OpEx | −$8.9k | −$9.99 |
| NOI | $13.3k | $14.99 |
886 SF · lease $27.00/SF/yr · vacancy 7.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$189.7K
$166.0K – $221.3K
NOI $13,277 @ 7.0% cap · market cap 5.65%
Second Best
Office B
$169.9K
$148.7K – $198.2K
NOI $11,893 @ 7.0% cap · market cap 5.06%
Theoretical Best
Specialty Retail
$492.1K
$430.6K – $574.1K
NOI $34,448 @ 7.0% cap · market cap 14.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Northern Virginia Doctors ...
Medical Clinic
Zadeh Dental
Dental Office
Northern Virginia Surgical ...
Dental Office
Nu-Living Optimal Wellness ...
Spa & Massage Center
CARLIN SPRINGS PHARMACY
Pharmacy
Similar For Sale Nearby
Similar Off Market Nearby
- Petco Vaccination Clinic — 5825 Leesburg Pike, Bailey's Crossroads, VA 22041
FAQs
What type of property is this?
Medical Office Space - Move-in ready medical condo suite with four exam rooms, reception area, bathroom, and computer room.
Where is this medical office space located?
The property is located at 611 S Carlin Springs Road Unit 406 Arlington, VA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Move‑in ready medical condo suite with 4 exam rooms, plumbing, and sinks; Includes reception area, bathroom, and computer room; Two entrances to the office
