8304 OLD COURTHOUSE ROAD #B, Vienna, VA 22182

Building Details

Year Built 1980 More

Parking Ratio 3.8 per 1,000 SF More

Listing Agency: Samson Properties Show Phone

Listed By: Pia Castagnino · License #0225200218 Show Phone

Source: Cummingsrealtors

Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 4:44PM

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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 1,331-square-foot office unit contains five private offices and has been renovated with contemporary finishes. Window exposure brings natural light into the space, and the property was built in 1980. C-3 zoning accommodates professional and medical uses, including dental, wellness, legal, and financial practices.

The property offers surface parking at a ratio of 3.80 spaces per 1,000 SF. I-495 and Route 7 are accessible from the area, while Tysons Corner Center is approximately half a mile away. The surrounding area has about 91,000 residents within 3 miles and nearly 235,000 within 5 miles, with average household incomes above $153,000 throughout the area.

Key Highlights

• 1,331‑square‑foot office unit with five private offices
• Renovated interior with contemporary finishes and window exposure
• C‑3 zoning supports professional and medical office uses

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$25,195

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

What to ask about pricing

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 839.83%

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 13,018.17%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Dr. Chi-Yi Lin Dental Office Dr. Jason Favagehi Dental Office Mauricio Colomo Dental Office Tysons Corner Dental ... Dental Office EZ Title, LLC Title Company

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

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

Average Price Trend$/SF for Office Units in Vienna, VA

$268 Jul

$333 Aug

$373 Sep

$372 Oct

Properties on Market for Office Units in Vienna

Jul

Aug

Sep

Oct

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

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Frequently Asked Questions

What type of property is this?

Office unit - C-3 zoning supports professional and medical office uses, including dental, wellness, legal, and financial practices.

Where is this office unit located?

The property is located at 8304 OLD COURTHOUSE ROAD #B Vienna, VA.

What are key features of this property?

This property features: 1,331‑square‑foot office unit with five private offices; Renovated interior with contemporary finishes and window exposure; C‑3 zoning supports professional and medical office uses