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Second-Floor Office Unit
For Sale
$413,367

8136 OLD KEENE MILL RD #A209 A209, Springfield, VA 22152

Elevator-accessible office suite with private rooms, conference space, waiting area, and kitchenette.

Property Size1,872 SF
Price / SF$220.82
Days on Market89

Property Features for 8136 OLD KEENE MILL RD #A209 A209

General Information

Standard status Active
Size 1,872 SF
Elevators Yes

Additional Details

Floor 2
Listing Agency: Wellborn Management Co., Inc.
Listed By: Vincent L Alexander · License #0225076619
Source: 360
Added: Jul 20 Changed: Oct 4 Last Checked: Oct 16 at 8:32AM

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 Wellborn Management Co., Inc.

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Investment Insights

Based on property information with market context.

This 1,872 SF office unit occupies the second floor and is positioned immediately off the elevator. The layout includes multiple private offices, a generously sized conference room, an open waiting area, and a large kitchenette, creating a practical configuration for professional operations.

The suite is located at 8136 Old Keene Mill Rd #A209 in Springfield, Virginia. Its existing room arrangement supports medical, professional office, or general office use as described for the property.

Key Highlights

  • 1,872 SF second‑floor office unit
  • Suite located immediately off the elevator
  • Multiple private offices for varied workspace needs

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. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Location Intelligence

Trade Area within ½ mile

811
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

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

Frequently Asked Questions

What type of property is this?
Office units - Elevator-accessible office suite with private rooms, conference space, waiting area, and kitchenette.
Where is this office units located?
The property is located at 8136 OLD KEENE MILL RD #A209 A209 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 second‑floor office unit; Suite located immediately off the elevator; Multiple private offices for varied workspace needs
More about this property
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