Office Condo with Private
For Sale
Under Contract
$499,990
8304-B OLD COURTHOUSE Road, Vienna, VA 22182
Commercial Sale, VIENNA, VA
Property Size1,331 SF
Price / SF$375.65
Days on Market77
Property Features for 8304-B OLD COURTHOUSE Road
General Information
Property type
Other
Property subtype
Office
Parking
2
Parking features
Parking Lot
Elementary school district
FAIRFAX COUNTY PUBLIC SCHOOLS
Middle school district
FAIRFAX COUNTY PUBLIC SCHOOLS
High school district
FAIRFAX COUNTY PUBLIC SCHOOLS
Standard status
Active Under Contract
Taxes and HOA fees
Tax Annual Amount
6137
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
smart thermostat
upgraded network drop outlets
LED lighting
dry erase boards
smart lock
Building Details
Year built
1980
Building materials
Brick
Listing Agency:
Samson Properties
(703) 378-8810
Listed By:
Chul Kim · License #0225081749
(571) 758-2995
Added: Aug 5
Changed: Oct 13
Last Checked: Oct 20 at 9:06PM
MLS# VAFX2333488
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.
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Investment Insights
Based on property information with market context.
This 1,331-square-foot office condo occupies a second-floor corner position and includes five private rooms plus a common area. Interior work completed in 2024 includes new LVP flooring, a remodeled bathroom, LED lighting, a smart thermostat, upgraded network outlets, two dry erase boards, and a smart lock. The building dates to 1980 and has brick construction, central heating and central air conditioning. Surface parking is available.
The property is in Centennial Plaza business park, within walking distance of Tysons Corner Center. I-495 and Route 7 are a short drive away. The layout and improvements support professional or medical office use.
The property is in Centennial Plaza business park, within walking distance of Tysons Corner Center. I-495 and Route 7 are a short drive away. The layout and improvements support professional or medical office use.
Key Highlights
- 1,331 SF second‑floor corner office condo
- Five private rooms and a common area
- 2024 improvements include new LVP flooring, renovated bathroom, LED lighting, and smart thermostat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,195
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,900
$503.9K
Cap Rate 7%
$359,929
$359.9K
Cap Rate 9%
$279,944
$279.9K
Market Conditions
NOI Build-Up for 1,331 SF
Gross rent
$39.3K $29.52/SF
− Vacancy
−$5.7K −$4.28/SF
EGI
$33.6K $25.24/SF
− OpEx
−$8.4K −$6.31/SF
NOI
$25.2K $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%
$503,900
Cap Rate 7%
$359,929
Cap Rate 9%
$279,944
Alternative Uses
Best Use
Office B
$359.9K
$314.9K – $419.9K
NOI $25,195 @ 7.0% cap · market cap 5.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.58M
$4.88M – $6.51M
NOI $390,545 @ 7.0% cap · market cap 78.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A second-floor corner suite offers a common area and recent interior upgrades for professional or medical use.
Where is this office unit located?
The property is located at 8304-B OLD COURTHOUSE Road Vienna, VA.
What is the asking price?
The asking price for this property is $499,990.
What are key features of this property?
This property features: 1,331 SF second‑floor corner office condo; Five private rooms and a common area; 2024 improvements include new LVP flooring, renovated bathroom, LED lighting, and smart thermostat
