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Second-Floor Office Unit
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 Market552

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

Amenities

conference room
waiting area
kitchenette

Building Details

Year built 1972
Number of units 1
Building materials Brick
Listing Agency: Wellborn Management Co., Inc.
Listed By: Vincent L Alexander · License #0225076619
Added: Apr 3, 2025 Changed: Sep 5 Last Checked: Oct 6 at 12:06AM
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 1,872 SF second-floor office unit includes multiple private offices, a substantial conference room, an open waiting area, and a kitchenette. The suite is located immediately off the elevator, providing straightforward access within the building. Brick construction and heat pump heating and cooling are in place.

The property is located at 8136 Old Keene Mill Road in Springfield, Virginia 22152. Built in 1972, the space is configured for office operations and can accommodate medical or general office use based on its existing layout.

Key Highlights

  • 1,872 SF office unit on the second floor
  • Multiple private offices with conference room
  • Open waiting area and kitchenette

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,436
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$708,720 $708.7K
Cap Rate 7%
$506,229 $506.2K
Cap Rate 9%
$393,733 $393.7K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$55.3K $29.52/SF
− Vacancy
−$8.0K −$4.28/SF
EGI
$47.2K $25.24/SF
− OpEx
−$11.8K −$6.31/SF
NOI
$35.4K $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%
$708,720
Cap Rate 7%
$506,229
Cap Rate 9%
$393,733

Alternative Uses

Best Use
Office B
$506.2K
$443.0K – $590.6K (±1% cap)
NOI $35,436 @ 7.0% cap · market cap 8.57%
Second Best
Healthcare Medical
$487.3K
$426.4K – $568.5K (±1% cap)
NOI $34,111 @ 7.0% cap · market cap 8.25%
Theoretical Best
Specialty Retail
$7.85M
$6.87M – $9.15M (±1% cap)
NOI $549,287 @ 7.0% cap · market cap 132.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Impress Eyebrows Threading Hair Salon Hutton Chiropractic Health ... Alternative Medicine Practice Peter V. Boyer, ... Alternative Medicine Practice Craytek Consultant Allergy Partners of Metro ... Medical Clinic

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Restaurant Building Supply Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

803
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Private offices, conference space, waiting area, and kitchenette support medical or general office 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 office unit on the second floor; Multiple private offices with conference room; Open waiting area and kitchenette
More about this property
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