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 Market32
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 29 at 4:58PM
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 authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
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
