First-Floor Office Suite with
7002 Little River Turnpike 1d Annandale, VA 22003
New
7002 Little River Turnpike 1d, Annandale, VA, 22003
$450,000
For Sale
$450,000
First-floor office suite with private offices, reception area, and kitchenette, with parking directly in front.
Property Size1,200 SF
Price / SF$375
Days on Market2
Property Features for 7002 Little River Turnpike 1d
General Information
- Standard status
- Active
- Size
- 1,200 SF
Building Details
- Year Built
- 1988
Listing agency
Ko-Am Realty & Investment, Inc.
(703) 642-3705
Listed by
Augustine M. Kim
Source
Kandorre
Added: Jul 21 Updated: Jul 22 at 3:40AM Checked: Jul 22 at 3:40AM
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 Ko-Am Realty & Investment, Inc.
Investment Insights
Based on property information with market context.
This well-maintained first-floor office suite is laid out for efficient day-to-day use, with several private offices plus a welcoming reception area. A kitchenette is also included, supporting a functional work environment for a variety of professional needs.
The suite is located directly on Little River Turnpike and offers visibility and convenient access. Parking is positioned right in front of the unit, supporting easy arrivals for staff and visitors.
The space presents a clean, professional environment and is described as ready for immediate occupancy.
The suite is located directly on Little River Turnpike and offers visibility and convenient access. Parking is positioned right in front of the unit, supporting easy arrivals for staff and visitors.
The space presents a clean, professional environment and is described as ready for immediate occupancy.
Key Highlights
- First‑floor office suite in a building built in 1988
- Includes several private offices plus a reception area
- Kitchenette included in the suite
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 | $35.4k | $29.52 |
| − Vacancy | −$5.1k | −$4.28 |
| EGI | $30.3k | $25.24 |
| − OpEx | −$7.6k | −$6.31 |
| NOI | $22.7k | $18.93 |
1,200 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$324.5K
$284.0K – $378.6K
NOI $22,716 @ 7.0% cap · market cap 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.03M
$4.40M – $5.87M
NOI $352,107 @ 7.0% cap · market cap 78.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Hanbang Nara (Dr. ...
Alternative Medicine Practice
Law Office of Dusic ...
Law Firm
Econ Management Consultants ...
Business Management Consultant
Meeree R Yun
Alternative Medicine Practice
Cantwell & Walthall
Ophthalmologist
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - First-floor office suite with private offices, reception area, and kitchenette, with parking directly in front.
Where is this office units located?
The property is located at 7002 Little River Turnpike 1d Annandale, 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: First‑floor office suite in a building built in 1988; Includes several private offices plus a reception area; Kitchenette included in the suite
