Two-Level Office
New
For Sale
$650,000
8216 OLD COURTHOUSE ROAD Unit 11, Vienna, VA 22182
Multiple private offices, two restrooms, and surface parking support day-to-day office operations.
Property Size1,350 SF
Price / SF$481.48
Days on Market6
Property Features for 8216 OLD COURTHOUSE ROAD Unit 11
General Information
Standard status
Active
Size
1,350 SF
Property subtype
Office
Zoning
C-2
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$5,933
Building Details
Building Size
1,350 SF
Year Built
1980
Listing Agency:
Tysons Realty, Inc.
Listed By:
Pauline Thompson · License #0225106914
(703) 893-6700
Source:
Kerishull
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 24 at 10:29PM
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 Tysons Realty, Inc.
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Investment Insights
Based on property information with market context.
This 1,350 SF office condominium in Tysons Square spans two levels and was built in 1980. The first floor has an entry hall, a main office with a bay window and decorative fireplace, two additional private rooms, a restroom, and a dedicated HVAC closet. Upstairs are a large executive office, two private offices, file and storage space, and a second restroom. The unit is zoned C-2.
The property is on Old Courthouse Road, with access to Rt. 7 (Leesburg Pike), the Dulles Toll Road, and I-495. Greensboro Metro Station is also nearby. Surface parking is available for staff and visitors.
The property is on Old Courthouse Road, with access to Rt. 7 (Leesburg Pike), the Dulles Toll Road, and I-495. Greensboro Metro Station is also nearby. Surface parking is available for staff and visitors.
Key Highlights
- 1,350 SF office condominium arranged across two levels
- C‑2 zoning
- First floor includes a bay‑windowed main office, two additional private rooms, restroom, and HVAC closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,555
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,100
$511.1K
Cap Rate 7%
$365,071
$365.1K
Cap Rate 9%
$283,944
$283.9K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$39.9K $29.52/SF
− Vacancy
−$5.8K −$4.28/SF
EGI
$34.1K $25.24/SF
− OpEx
−$8.5K −$6.31/SF
NOI
$25.6K $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%
$511,100
Cap Rate 7%
$365,071
Cap Rate 9%
$283,944
Alternative Uses
Best Use
Office B
$365.1K
$319.4K – $425.9K
NOI $25,555 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.66M
$4.95M – $6.60M
NOI $396,120 @ 7.0% cap · market cap 60.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5,090
Businesses Nearby
Explore this area
Business Placement
Demographics for 22182, VA
27,778
Population
10,285
Households
2.7
Avg Household Size
42
Median Age
82%
College-Educated
97%
High-School Grad
12.5 sq mi
ZIP Area
2,222
Density / Sq Mi
$200,038
Median Household Income
$102,749
Median Earnings
$2,618
Median Rent
$1,086,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Multiple private offices, two restrooms, and surface parking support day-to-day office operations.
Where is this office unit located?
The property is located at 8216 OLD COURTHOUSE ROAD Unit 11 Vienna, VA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1,350 SF office condominium arranged across two levels; C‑2 zoning; First floor includes a bay‑windowed main office, two additional private rooms, restroom, and HVAC closet
