Springfield Office Space For
For Sale
$413,367
8136 OLD KEENE MILL Road, Springfield, VA 22152
Commercial Sale - SPRINGFIELD, VA
Property Size1,872 SF
Price / SF$220.82
Days on Market484
Property Features for 8136 OLD KEENE MILL Road
General Information
Property type
Other
Property subtype
Office
Subdivision
CARDINAL FOREST
High school
WEST SPRINGFIELD
Elementary school district
FAIRFAX COUNTY PUBLIC SCHOOLS
Middle school district
FAIRFAX COUNTY PUBLIC SCHOOLS
High school district
FAIRFAX COUNTY PUBLIC SCHOOLS
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
4698
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Building Details
Year built
1972
Number of units
1
Building materials
Brick
Listing Agency:
Wellborn Management Co., Inc.
(703) 464-7009
Listed By:
Vincent L Alexander · License #0225076619
(703) 464-7009
Added: Apr 3, 2025
Changed: Jun 9
Last Checked: Jul 30 at 12:06PM
MLS# VAFX2231896
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property offers 1,872 square feet of office space located on the second floor. The layout includes multiple private offices, a large conference room, a spacious open waiting area, and a large kitchenette. The suite is conveniently situated right off the elevator. The property is located in Springfield, Virginia, within Fairfax County. It is suitable for medical use, general office purposes, or other office-related businesses.
Key Highlights
- 1,872 SF of office space suitable for medical, office, or general use.
- Includes multiple private offices and a large conference room.
- Features a large open waiting area and a large kitchenette.
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 | $55.3k | $29.52 |
| − Vacancy | −$8.0k | −$4.28 |
| EGI | $47.2k | $25.24 |
| − OpEx | −$11.8k | −$6.31 |
| NOI | $35.4k | $18.93 |
1,872 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$506.2K
$443.0K – $590.6K
NOI $35,436 @ 7.0% cap · market cap 8.57%
Second Best
Healthcare Medical
$487.3K
$426.4K – $568.5K
NOI $34,111 @ 7.0% cap · market cap 8.25%
Theoretical Best
Specialty Retail
$7.85M
$6.87M – $9.15M
NOI $549,287 @ 7.0% cap · market cap 132.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
803
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - 1,872 SF office space suitable for medical or general use.
Where is this office units located?
The property is located at 8136 OLD KEENE MILL Road Springfield, VA.
What is the asking price?
The asking price for this property is $413,367.
What are key features of this property?
This property features: 1,872 SF of office space suitable for medical, office, or general use.; Includes multiple private offices and a large conference room.; Features a large open waiting area and a large kitchenette.