Medical Office Suite with Exam
B-204 E Federal Street Middleburg, VA 20117
For Sale
$700,000
Well-maintained medical office includes four exam rooms, reception and waiting areas, private offices, and ramp access.
Property Size1,500 SF
Price / SF$466.67
Days on Market26
Property Features for B-204 E Federal Street
General Information
- Standard status
- Active
- Size
- 1,500 SF
Listing Agency:
Sheridan-MacMahon Ltd.
(703) 609-1905
Listed By:
Paul E. MacMahon · License #0225030483
(703) 609-1905
Source:
Exprealty
Added: Jun 29
Changed: Jul 24
Last Checked: Jul 24 at 3:20PM
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 Sheridan-MacMahon Ltd.
Investment Insights
Based on property information with market context.
This well-maintained medical office property is thoughtfully configured for professional use and totals approximately 1,500 square feet. The current layout includes four exam rooms, a welcoming reception area, a comfortable waiting room, two private offices, three half baths, and a dedicated file/storage room.
The property is zoned C-1, providing versatility for professional and commercial applications. It also features a paved parking lot for convenient on-site parking and ramp access to the building for accessibility.
Showings are available by appointment Monday through Friday after 4:00 PM and on weekends.
The property is zoned C-1, providing versatility for professional and commercial applications. It also features a paved parking lot for convenient on-site parking and ramp access to the building for accessibility.
Showings are available by appointment Monday through Friday after 4:00 PM and on weekends.
Key Highlights
- Approximately 1,500 SF well‑maintained commercial/medical office space with a functional layout
- Includes four exam rooms plus reception and a comfortable waiting room
- Features two private offices, a dedicated file/storage room, and three half baths
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.3k | $29.52 |
| − Vacancy | −$6.4k | −$4.28 |
| EGI | $37.9k | $25.24 |
| − OpEx | −$9.5k | −$6.31 |
| NOI | $28.4k | $18.93 |
1,500 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$405.6K
$354.9K – $473.3K
NOI $28,395 @ 7.0% cap · market cap 4.06%
Second Best
Healthcare Medical
$399.2K
$349.3K – $465.7K
NOI $27,942 @ 7.0% cap · market cap 3.99%
Theoretical Best
Specialty Retail
$470.1K
$411.3K – $548.4K
NOI $32,906 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
FAQs
What type of property is this?
Medical Office Space - Well-maintained medical office includes four exam rooms, reception and waiting areas, private offices, and ramp access.
Where is this medical office space located?
The property is located at B-204 E Federal Street Middleburg, VA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Approximately 1,500 SF well‑maintained commercial/medical office space with a functional layout; Includes four exam rooms plus reception and a comfortable waiting room; Features two private offices, a dedicated file/storage room, and three half baths
