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Office Unit with Tile Flooring
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8294 OLD COURTHOUSE ROAD #32, Vienna, VA 22182

Brick-and-concrete construction and ceramic tile flooring give the office a durable, finished interior.

Property Size1,400 SF
Price / SF$2.00
Days on Market6

Property Features for 8294 OLD COURTHOUSE ROAD #32

General Information

Standard status Active
Size 1,400 SF
Property subtype Commercial

Additional Details

Public Transit Yes

Building Details

Year Built 1980
Year Renovated 2026
Construction brick and concrete
Listing Agency: MetroHomes Realty, LLC
Listed By: Jae G Cho · License #581789
Source: Cummingsrealtors
Added: Oct 15 Changed: Oct 19 Last Checked: Oct 19 at 7:59AM

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 MetroHomes Realty, LLC

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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.

This 1,331-square-foot office unit at Centennial Plaza was built in 1980. The building has brick-and-concrete construction, and the suite features ceramic tile flooring. Unassigned parking is available in the property's lot.

Located at 8294 Old Courthouse Road in Vienna, the office is less than a mile from a bus stop and a metro/subway station. The property is within a business park.

Key Highlights

  • 1,331‑square‑foot office unit
  • Built in 1980
  • Brick‑and‑concrete construction with ceramic tile flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,502
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,040 $530.0K
Cap Rate 7%
$378,600 $378.6K
Cap Rate 9%
$294,467 $294.5K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$41.3K $29.52/SF
− Vacancy
−$6.0K −$4.28/SF
EGI
$35.3K $25.24/SF
− OpEx
−$8.8K −$6.31/SF
NOI
$26.5K $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%
$530,040
Cap Rate 7%
$378,600
Cap Rate 9%
$294,467

Alternative Uses

Best Use
Office B
$378.6K
$331.3K – $441.7K (±1% cap)
NOI $26,502 @ 7.0% cap · market cap 946.50%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.87M
$5.13M – $6.85M (±1% cap)
NOI $410,792 @ 7.0% cap · market cap 14,671.14%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Metropolitan Endodontics Dental Office S & A Pediatrics: Bahman ... Pediatrician Tina Floy Pediatrician Mcgee Cheryl A MD Pediatrician Beautiful Mind Hypnosis, ... Life Coach

Suggested Use

Top Pick Garden Center Electrical Service Storage Facility Pharmacy Auto Parts Store Barber Shop

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

5,090
Businesses Nearby

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

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 unit - Brick-and-concrete construction and ceramic tile flooring give the office a durable, finished interior.
Where is this office unit located?
The property is located at 8294 OLD COURTHOUSE ROAD #32 Vienna, VA.
What are key features of this property?
This property features: 1,331‑square‑foot office unit; Built in 1980; Brick‑and‑concrete construction with ceramic tile flooring
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