Vacant Medical Office
New
For Sale
Contact for pricing
8101 HINSON FARM ROAD 318 - 319, Alexandria, VA 22306
The space is positioned across from Inova Mount Vernon Hospital, with on-site parking and nearby bus service.
Property Size1,800 SF
Price / SF$1.00
Days on Market4
Property Features for 8101 HINSON FARM ROAD 318 - 319
General Information
Standard status
Active
Size
1,800 SF
Total Parking Spaces
60
Property subtype
Commercial
Additional Details
Condition
Move-in Ready
Public Transit
Yes
Property Use
Medical Office
Building Details
Year Built
1978
Listing Agency:
Jobin Realty
(703) 642-8500
Listed By:
James (Jim) G Kanala · License #0225018924
(703) 593-7008
Source:
Cummingsrealtors
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 23 at 3:13PM
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 Jobin Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Vacant medical office space at 8101 Hinson Farm Road is available for occupancy. The building dates to 1978 and includes 60 free parking spaces for visitors and staff.
Inova Mount Vernon Hospital is across the street, and two bus stops are within a one-minute walk. These nearby transit and parking options provide access to the property for patients and employees.
Inova Mount Vernon Hospital is across the street, and two bus stops are within a one-minute walk. These nearby transit and parking options provide access to the property for patients and employees.
Key Highlights
- Across the street from Inova Mount Vernon Hospital
- 60 free parking spaces
- Two bus stops within a 1‑minute walk
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,101
Suggested Prices Based on Cap Rates
Cap Rate 5%
$482,020
$482.0K
Cap Rate 7%
$344,300
$344.3K
Cap Rate 9%
$267,789
$267.8K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$37.6K $20.88/SF
− Vacancy
−$5.4K −$3.03/SF
EGI
$32.1K $17.85/SF
− OpEx
−$8.0K −$4.46/SF
NOI
$24.1K $13.39/SF
Area
Alexandria, VA
Vacancy
14.50%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$482,020
Cap Rate 7%
$344,300
Cap Rate 9%
$267,789
Alternative Uses
Best Use
Healthcare Medical
$403.3K
$352.9K – $470.6K
NOI $28,234 @ 7.0% cap · market cap 1,568.56%
Second Best
Office B
$344.3K
$301.3K – $401.7K
NOI $24,101 @ 7.0% cap · market cap 1,338.94%
Theoretical Best
Specialty Retail
$999.8K
$874.8K – $1.17M
NOI $69,984 @ 7.0% cap · market cap 3,888.00%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,075
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 22306, VA
33,330
Population
11,514
Households
2.9
Avg Household Size
35
Median Age
40%
College-Educated
85%
High-School Grad
6.8 sq mi
ZIP Area
4,901
Density / Sq Mi
$95,026
Median Household Income
$45,193
Median Earnings
$1,750
Median Rent
$583,200
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
Frequently Asked Questions
What type of property is this?
Medical Office Space - The space is positioned across from Inova Mount Vernon Hospital, with on-site parking and nearby bus service.
Where is this medical office space located?
The property is located at 8101 HINSON FARM ROAD 318 - 319 Alexandria, VA.
What are key features of this property?
This property features: Across the street from Inova Mount Vernon Hospital; 60 free parking spaces; Two bus stops within a 1‑minute walk
