Third-Floor Medical Office
For Sale
$245,000
7501 Little River Turnpike Unit 305, Annandale, VA 22003
Reception space, three exam or office rooms, and a bathroom support medical and general office functions.
Property Size867 SF
Price / SF$282.58
Days on Market87
Property Features for 7501 Little River Turnpike Unit 305
General Information
Standard status
Active
Size
867 SF
Elevators
Yes
Additional Details
Floor
3
Highway Access
Yes
Building Details
Year Built
1963
Year Renovated
2025
Listing Agency:
Fairfax Realty Select
Listed By:
Stella Seong · License #0225080674
(703) 772-7680
Source:
Premierehomegroup
Added: Jul 21
Changed: Oct 3
Last Checked: Oct 7 at 2:11PM
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 Fairfax Realty Select
Investment Insights
Based on property information with market context.
This third-floor end unit offers a practical layout for medical or general office use. The suite includes a reception and waiting area, three rooms that can serve as exam rooms, meeting rooms, or offices, and one bathroom. The interior has been freshly painted, with updated flooring and restroom work completed in 2025.
Access is through the building lobby, followed by elevator service to the third floor. The property is near 495 and Columbia Pike and provides on-site parking. Its end-unit position and pleasant view add to the suite’s functional appeal.
Access is through the building lobby, followed by elevator service to the third floor. The property is near 495 and Columbia Pike and provides on-site parking. Its end-unit position and pleasant view add to the suite’s functional appeal.
Key Highlights
- Third‑floor end unit with elevator access
- Reception and waiting area included
- Three exam, meeting, or office rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,412
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,240
$328.2K
Cap Rate 7%
$234,457
$234.5K
Cap Rate 9%
$182,356
$182.4K
Market Conditions
NOI Build-Up for 867 SF
Gross rent
$25.6K $29.52/SF
− Vacancy
−$3.7K −$4.28/SF
EGI
$21.9K $25.24/SF
− OpEx
−$5.5K −$6.31/SF
NOI
$16.4K $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%
$328,240
Cap Rate 7%
$234,457
Cap Rate 9%
$182,356
Alternative Uses
Best Use
Office B
$234.5K
$205.2K – $273.5K
NOI $16,412 @ 7.0% cap · market cap 6.70%
Second Best
Healthcare Medical
$225.7K
$197.5K – $263.3K
NOI $15,798 @ 7.0% cap · market cap 6.45%
Theoretical Best
Specialty Retail
$3.63M
$3.18M – $4.24M
NOI $254,397 @ 7.0% cap · market cap 103.84%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,602
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 22003, VA
59,372
Population
19,497
Households
3
Avg Household Size
39
Median Age
51%
College-Educated
87%
High-School Grad
12.6 sq mi
ZIP Area
4,712
Density / Sq Mi
$134,109
Median Household Income
$54,906
Median Earnings
$1,988
Median Rent
$694,300
Median Home Value
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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?
Medical Office Space - Reception space, three exam or office rooms, and a bathroom support medical and general office functions.
Where is this medical office space located?
The property is located at 7501 Little River Turnpike Unit 305 Annandale, VA.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Third‑floor end unit with elevator access; Reception and waiting area included; Three exam, meeting, or office rooms
