Two-Level Office Condo For
For Sale
$450,000
6213 Old Keene Mill Ct Unit 14, Springfield, VA 22152
Two-level office condo in desirable location with tenant in place.
Property Size1,693 SF
Price / SF$265.80
Days on Market156
Property Features for 6213 Old Keene Mill Ct Unit 14
General Information
Standard status
Active
Size
1,693 SF
Building Details
Year Built
1978
Listing Agency:
Mega Realty & Investment Inc
Listed By:
Joanne Chae-Hwa Cha, Sung C Cha · License #0225078794
(703) 642-6342
Source:
Kableteam
Added: May 12
Changed: Oct 4
Last Checked: Oct 7 at 3:29PM
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 Mega Realty & Investment Inc
Investment Insights
Based on property information with market context.
This two-level office condo presents a prime investment opportunity in a highly desirable location. The property is currently occupied by a tenant, offering immediate rental income potential. The layout is designed for excellent accessibility and visibility. It is ideal for investors or future owner-users.
Key Highlights
- Immediate rental income potential from existing tenant.
- Highly desirable location.
- Two‑level office condo.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,048
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,960
$641.0K
Cap Rate 7%
$457,829
$457.8K
Cap Rate 9%
$356,089
$356.1K
Market Conditions
NOI Build-Up for 1,693 SF
Gross rent
$50.0K $29.52/SF
− Vacancy
−$7.2K −$4.28/SF
EGI
$42.7K $25.24/SF
− OpEx
−$10.7K −$6.31/SF
NOI
$32.0K $18.93/SF
Area
Fairfax County, VA
Vacancy
14.50%
Lease Rate
$29.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,960
Cap Rate 7%
$457,829
Cap Rate 9%
$356,089
Alternative Uses
Best Use
Office B
$457.8K
$400.6K – $534.1K
NOI $32,048 @ 7.0% cap · market cap 7.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.10M
$6.21M – $8.28M
NOI $496,764 @ 7.0% cap · market cap 110.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
858
Businesses Nearby
Explore this area
Business Placement
Demographics for 22152, VA
29,843
Population
9,779
Households
3.1
Avg Household Size
40
Median Age
64%
College-Educated
94%
High-School Grad
6.0 sq mi
ZIP Area
4,974
Density / Sq Mi
$159,557
Median Household Income
$73,552
Median Earnings
$2,495
Median Rent
$620,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Two-level office condo in desirable location with tenant in place.
Where is this office units located?
The property is located at 6213 Old Keene Mill Ct Unit 14 Springfield, VA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Immediate rental income potential from existing tenant.; Highly desirable location.; Two‑level office condo.
