Built-Out Medical Office
For Sale
$324,000
611 S Carlin Springs Road Unit 301, Arlington, VA 22204
Move-in ready medical office suite featuring four exam rooms and a large reception area.
Property Size1,223 SF
Price / SF$264.92
Days on Market325
Property Features for 611 S Carlin Springs Road Unit 301
General Information
Standard status
Active
Size
1,223 SF
Property subtype
Office
Building Details
Year Built
1981
Listing Agency:
Weichert, REALTORS
(703) 888-5106
Listed By:
Richard Lane · License #0225034469
(703) 888-5106
Source:
Xome
Added: Sep 15, 2025
Changed: Jul 10
Last Checked: Jul 16 at 6:51AM
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 Weichert, REALTORS
Investment Insights
Based on property information with market context.
This for-sale medical office suite is built out for clinical use and presented in excellent condition. The layout includes four exam rooms, an office, a bathroom, and a large reception area, providing functional space for patient intake and care delivery. It is offered as a Unit 301 medical office space, with details and visuals available through the provided virtual tours.
The suite is located near Virginia Hospital, giving the space an established healthcare-oriented setting. Parking is available on-site, which can support patient and staff access for daytime appointments.
With its exam room count and reception footprint, this suite is well suited for medical professionals seeking turnkey accommodations without the need to start from a raw shell. The combination of private exam rooms, an office, and patient-facing reception area supports a practical day-to-day workflow for small medical practices.
The suite is located near Virginia Hospital, giving the space an established healthcare-oriented setting. Parking is available on-site, which can support patient and staff access for daytime appointments.
With its exam room count and reception footprint, this suite is well suited for medical professionals seeking turnkey accommodations without the need to start from a raw shell. The combination of private exam rooms, an office, and patient-facing reception area supports a practical day-to-day workflow for small medical practices.
Key Highlights
- Move‑in ready medical office suite built in 1981
- Includes 4 exam rooms, office, and a bathroom
- Large reception area for patient check‑in
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 | $33.0k | $27.00 |
| − Vacancy | −$2.5k | −$2.03 |
| EGI | $30.5k | $24.98 |
| − OpEx | −$12.2k | −$9.99 |
| NOI | $18.3k | $14.99 |
1,223 SF · lease $27.00/SF/yr · vacancy 7.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$261.8K
$229.1K – $305.5K
NOI $18,327 @ 7.0% cap · market cap 5.66%
Second Best
Office B
$234.5K
$205.2K – $273.6K
NOI $16,416 @ 7.0% cap · market cap 5.07%
Theoretical Best
Specialty Retail
$679.3K
$594.4K – $792.5K
NOI $47,550 @ 7.0% cap · market cap 14.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,131
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 22204, VA
52,761
Population
24,128
Households
2.2
Avg Household Size
35
Median Age
62%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
12,869
Density / Sq Mi
$109,277
Median Household Income
$73,091
Median Earnings
$1,871
Median Rent
$672,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Move-in ready medical office suite featuring four exam rooms and a large reception area.
Where is this medical office space located?
The property is located at 611 S Carlin Springs Road Unit 301 Arlington, VA.
What is the asking price?
The asking price for this property is $324,000.
What are key features of this property?
This property features: Move‑in ready medical office suite built in 1981; Includes 4 exam rooms, office, and a bathroom; Large reception area for patient check‑in
