Upgraded Second-Floor Office
For Sale
$499,990
8304-b Old Courthouse Road # 14, Vienna, VA 22182
Five private rooms and a shared area provide a flexible layout for professional or medical use.
Property Size1,331 SF
Price / SF$375.65
Days on Market16
Property Features for 8304-b Old Courthouse Road # 14
General Information
Standard status
Active
Size
1,331 SF
Zoning
430
Space & Availability
Floor
2
Condition
Move-in Ready
Additional Details
HOA Fee
$213.43
Highway Access
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$6,137
Amenities
Electric
Yes
Public
425
No
Parking Lot
2
1331.00
86520.00
Building Details
Building Size
1,331 SF
Year Built
1980
Year Renovated
2024
Listing Agency:
Samson Properties
(703) 378-8810
Listed By:
Chul Kim · License #0225081749
(571) 758-2995
Source:
Gojcfrealestate
Added: Oct 20
Changed: Nov 3
Last Checked: Nov 3 at 7:17AM
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 Samson Properties
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Investment Insights
Based on property information with market context.
This second-floor office condo contains 1,331 square feet, arranged with five private rooms and a common area. Improvements completed in 2024 include LVP flooring, a renovated bathroom, a smart thermostat, upgraded network outlets, LED lighting, two dry erase boards, and a smart lock. A TV may also convey.
Key Highlights
- 1,331‑square‑foot second‑floor office condo
- Five private rooms plus a common area
- 2024 upgrades include LVP flooring and a renovated bathroom
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
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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Five private rooms and a shared area provide a flexible layout for professional or medical use.
Where is this office unit located?
The property is located at 8304-b Old Courthouse Road # 14 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‑square‑foot second‑floor office condo; Five private rooms plus a common area; 2024 upgrades include LVP flooring and a renovated bathroom
