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Office Condo with Private Rooms
For Sale
$499,990

8304-B OLD COURTHOUSE Road, Vienna, VA 22182

Commercial Sale, VIENNA, VA

Property Size1,331 SF
Price / SF$375.65
Days on Market88

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

Additional Details

Property Use Medical Office
Condition Move-in Ready

Taxes and HOA fees

Tax Annual Amount 6137

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1980
Building materials Brick
Listing Agency: Samson Properties
Listed By: Chul Kim · License #0225081749
Added: Aug 5 Changed: Oct 31 Last Checked: Oct 31 at 8:06PM
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.

Rey
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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.

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 (±1% cap)
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 (±1% cap)
NOI $390,545 @ 7.0% cap · market cap 78.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Garden Center Electrical Service Pharmacy Auto Parts Store Barber Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - 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
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