Building Details

Year Built 1980

Listing Agency: Long & Foster Real Estate, Inc.

Listed By: Erika Garcia · License #0225201493 Show Phone

Source: Kableteam

Added: Jul 28 Changed: Oct 4 Last Checked: Oct 7 at 1:55PM

Report an Issue

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 Long & Foster Real Estate, Inc.

Investment Insights

Based on property information with market context.

This 1,500-square-foot office unit occupies the second level of a building constructed in 1980. The layout includes five private offices with windows, on-site storage, in-unit HVAC, and ample parking. Natural light is present throughout the suite. The building does not have an elevator.

Access to the property includes Route 29 and Route 50, with the parking lot entered from Blake Lane. The property is zoned C-6 (Community Retail Commercial), which permits office, retail, and service-related uses subject to Fairfax County regulations and approvals. Any proposed use also remains subject to applicable condominium association rules and approval requirements.

Key Highlights

• 1,500‑square‑foot second‑level office unit
• Five private offices, each with windows
• In‑unit HVAC and on‑site storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$28,395

Cap Rate

8.11%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$567,900 $567.9K

Cap Rate 7%

$405,643 $405.6K

Cap Rate 9%

$315,500 $315.5K

Market Conditions

NOI Build-Up for 1,500 SF

Gross rent

$44.3K $29.52/SF

− Vacancy

−$6.4K −$4.28/SF

EGI

$37.9K $25.24/SF

− OpEx

−$9.5K −$6.31/SF

NOI

$28.4K $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%

$567,900

Cap Rate 7%

$405,643

Cap Rate 9%

$315,500

Alternative Uses

Best Use

Office B

$405.6K

$354.9K – $473.3K (±1% cap)

NOI $28,395 @ 7.0% cap · market cap 8.11%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$6.29M

$5.50M – $7.34M (±1% cap)

NOI $440,134 @ 7.0% cap · market cap 125.75%

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

Property Analytics

Current Use

Malee Thai Massage ... Alternative Medicine Practice Fairfax Circle Foot ... Medical Clinic Pace Academy High School

Suggested Use

Top Pick Grocery & Convenience Store Food Market Barber Shop (Bike/Boat/Book/etc) Store Catering Service Florist

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

Paved road access

Location Intelligence

Trade Area within ½ mile

1,111

Businesses Nearby

Explore this area Business Placement

Demographics for 22031, VA

35,256

Population

15,390

Households

2.3

Avg Household Size

36

Median Age

72%

College-Educated

96%

High-School Grad

7.1 sq mi

ZIP Area

4,966

Density / Sq Mi

$129,743

Median Household Income

$74,178

Median Earnings

$2,267

Median Rent

$710,400

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office units located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Office Unit in Gated Parking Lot

10615 Judicial Dr Unit 302a, Fairfax, VA 22030

$348,000

1,422 SF

View details

Office Condominium Suite

3823 Plaza Dr, Fairfax, VA 22030

$315,000

1,274 SF

View details

Updated Office Condo For Sale

3873 Plaza Dr, Fairfax, VA 22030

$399,500

1,879 SF

View details

Second-Floor Office Condo Suite

10509 Braddock Road 2d, Fairfax, VA 22032

$297,000

1,200 SF

View details

Second-Floor Office Condo

10509 BRADDOCK RD #2D, 2D, Fairfax, VA 22032

$289,000

1,200 SF

View details

Newly Renovated Office Suite

10627 Jones Street 301b, Fairfax, VA 22030

$259,000

870 SF

View details

Second-Floor Office Condo

9675 Main Street D, Fairfax, VA 22031

$245,000

883 SF

View details

Top-Floor Corner Office Suite

10617 Jones Street 301b, Fairfax, VA 22030

$215,000

911 SF

View details

Second-Floor Office Condo Suite

9c-10525 Braddock Rd, Fairfax, VA

$299,999

View details

Office Unit with Natural Light

3863 Plaza Dr, Fairfax, VA 22030

$418,275

View details

Fairfax Office Condo For Sale

3875 Plaza Dr, Fairfax, VA 22030

$470,000

View details

Renovated Office Unit

10627 JONES ST #301B, 301B, Fairfax, VA 22030

$259,000

View details

Frequently Asked Questions

What type of property is this?

Office units - Five windowed private offices, on-site storage, and in-unit HVAC support a flexible commercial layout.

Where is this office units located?

The property is located at 9522 Lee Highway 9522c Fairfax, VA.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: 1,500‑square‑foot second‑level office unit; Five private offices, each with windows; In‑unit HVAC and on‑site storage