Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Office Condo Near Metro Title is generated by Realmo AI

    7121 -e Leesburg Pike #2-2, Falls Church, VA 22043

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $675,000

    Highly visible office condo near West Falls Church Metro.

    Type:Commercial
    Added:
    Jan 20, 2026
    Days on Market:
    118
    Last Refresh:
    Apr 5 at 9:10 pm

    Property Features for 7121 -e Leesburg Pike #2-2

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    2015

    We can help!

    Listing Contact
    GREGORY J FORD

    Listing agent GREGORY J FORD

    Listing office JPAR PREFERRED PROPERTIES

    Listing date Jan 20, 2026

    Source Corcoran

    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 JPAR PREFERRED PROPERTIES

    HighLights

    • Prime location with strong visibility on Leesburg Pike (Route 7).
    • Close proximity (2 blocks) to West Falls Church Metro station.
    • Easy access to I‑66 and I‑495.
    • Well‑maintained MetroWest building with elevator access and abundant surface parking.
    • Suite features 5 private offices, collaborative team workspace, and kitchenette.
    • Dedicated HVAC and hot water heater for independent control and efficiency.

    Overview

    This second-floor retail/office condo is located in the MetroWest building and offers building signage and visibility along Leesburg Pike (Route 7). It is situated two blocks from the West Falls Church Metro and minutes from I-66 and I-495. The suite is configured to support a variety of professional uses and features five private offices, a collaborative team workspace, and a kitchenette with a sink. The property benefits from western exposure, providing natural light throughout the day. It also includes dedicated HVAC and a hot water heater, allowing for independent control and efficiency. Elevator access and surface parking are available. This property is suitable for medical, wellness, professional services, or general office use.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Falls Church
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.1971
    Latitude
    38.9012

    Nearby Similar for Sale

    • $430,000

      Spacious Office Suite in Falls Church

      Large 1,865 SF office suite with flexible layout.
      6400-P SEVEN CORNERS Place, FALLS CHURCH, VA 22044
      View Details
    • $425,000

      Falls Church Office Condo For Sale

      Highly visible, street-level office condo in Falls Church, Virginia.
      5623 COLUMBIA PIKE, FALLS CHURCH, VA 22041
      View Details
    • $949,900

      Falls Church Office Building For Sale

      Two-level office building near 495 in Tysons Corner.
      7643 LEESBURG Pike, FALLS CHURCH, VA 22043
      View Details
    • $550,000

      Falls Church Commercial Office Space

      Bright office space in a convenient Falls Church location.
      5985 COLUMBIA Pike, FALLS CHURCH, VA 22041
      View Details
    • $295,000

      Turnkey Office Condo For Sale

      Turnkey office condo with four private offices and kitchenette.
      5985 COLUMBIA Pike, FALLS CHURCH, VA 22041
      View Details
    • $2,950,000
      23,283 SF

      Falls Church Office Building For Sale

      Three-story office building with 23,283 SF in Falls Church.
      210 E BROAD Street, FALLS CHURCH, VA 22046
      View Details
    • $290,000

      Sun-Drenched Corner Office Suite

      Move-in ready, furnished office with abundant natural light.
      5661 COLUMBIA Pike, FALLS CHURCH, VA 22041
      View Details
    • $999,999

      Bright Open Space Condo

      Spectacular condo with high ceilings and ample parking.
      513 W BROAD Street, FALLS CHURCH, VA 22046
      View Details
    • $450,000

      Falls Church Office Suite

      Well-maintained office suite in a professionally managed building.
      7115 LEESBURG PIKE #317, FALLS CHURCH, VA 22043
      View Details
    • $629,900
      1,500 SF

      Commercial Townhouse in Falls Church

      Commercial townhouse in a high-traffic, easily accessible location.
      7297 ROUTE 29, FALLS CHURCH, VA 22042
      View Details
    • $624,999

      West Falls Church Office Condo

      Highly visible office condo near West Falls Church Metro.
      7121 -e Leesburg Pike #2-2, FALLS CHURCH, VA 22043
      View Details
    • $430,000
      1,865 SF

      Spacious Falls Church Office Suite

      Large 1,865 SF office suite in Seven Corners.
      6400 SEVEN CORNERS 1P, Falls Church, VA 22044
      View Details

    FAQs

    What type of property is this?
    Office units - Highly visible office condo near West Falls Church Metro.
    Where is this office units located?
    The property is located at 7121 -e Leesburg Pike #2-2 Falls Church, VA.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: Prime location with strong visibility on Leesburg Pike (Route 7).; Close proximity (2 blocks) to West Falls Church Metro station.; Easy access to I‑66 and I‑495.
    (301) 309-4112
    We can help!
    Listing Contact
    GREGORY J FORD
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7121 -e Leesburg Pike #2-2, FALLS CHURCH, VA 22043
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!