Combined Office
9687 MAIN STREET #27-2, Fairfax, VA 22031
For Sale
New
$270,000
The suite accommodates reception, a conference room, private offices, workrooms, and two half bathrooms.
Property Size929 SF
Price / SF$290.64
Days on Market3
Property Features for 9687 MAIN STREET #27-2
General Information
Standard status
Size
Property subtype
Additional Details
Office Units
Property Use
Building Details
Year Built
Listing Agency:
Gaja Realty
(703) 932-2843
Listed By:
Selvathambi Gangadhar · License VA #0225257513
(703) 347-4978
Source:
Cummingsrealtors
Added: Nov 8
Changed: Nov 9
Last Checked: Nov 10 at 8:04AM
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 Gaja Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 929-square-foot office suite brings two adjoining units together in one workspace. The layout includes a reception area, conference room, three private offices, two workrooms, and two half bathrooms. Ceiling fans and track lighting are included. The building dates to 1986, and unassigned parking is available for employees and visitors.
The property is a short drive from the City of Fairfax and nearby amenities.
The property is a short drive from the City of Fairfax and nearby amenities.
Key Highlights
- 929‑square‑foot suite formed from two adjoining units
- Three private offices, two workrooms, and a conference room
- Reception area and two half bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,586
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,720
$351.7K
Cap Rate 7%
$251,229
$251.2K
Cap Rate 9%
$195,400
$195.4K
Market Conditions
NOI Build-Up for 929 SF
Gross rent
$27.4K $29.52/SF
− Vacancy
−$4.0K −$4.28/SF
EGI
$23.4K $25.24/SF
− OpEx
−$5.9K −$6.31/SF
NOI
$17.6K $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%
$351,720
Cap Rate 7%
$251,229
Cap Rate 9%
$195,400
Alternative Uses
Best Use
Office B
$251.2K
$219.8K – $293.1K
NOI $17,586 @ 7.0% cap · market cap 6.51%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$516.0K
$451.5K – $602.0K
NOI $36,120 @ 7.0% cap · market cap 13.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
840
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
$710,400
Median Home Value
Market
Average Price Trend$/SF for Office Units in Fairfax, VA
Properties on Market for Office Units in Fairfax
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The suite accommodates reception, a conference room, private offices, workrooms, and two half bathrooms.
Where is this office unit located?
The property is located at 9687 MAIN STREET #27-2 Fairfax, VA.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: 929‑square‑foot suite formed from two adjoining units; Three private offices, two workrooms, and a conference room; Reception area and two half bathrooms
