Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    611 Carlin Springs Rd Arlington, VA 22204

    • Office properties & Spaces
    • 963 SF
    For Sale
    View listing
    $275,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Northern Virginia Doctors Medical Center / Medical Clinic
    • Zadeh Dental / Dental Office
    • Northern Virginia Surgical Arts / Dental Office
    • Nu-Living Optimal Wellness & Longevity Center / Spa & Massage Center / Alternative Medicine Practice
    • CARLIN SPRINGS PHARMACY / Pharmacy

    Property Details for 611 Carlin Springs Rd

    Property size
    963 SF
    Property type
    Office properties & Spaces
    Property subtype
    Medical Office Space

    Description

    This 963-square-foot medical office condo in Arlington, VA, is ideally situated at 611 S Carlin Springs Rd #409, offering convenient access to major roadways including Routes 50, 7, and Columbia Pike. The property features three exam rooms (each with sinks), a lab, an office, a waiting room, a bathroom, and a staff reception area. Two separate entrances enhance staff and patient flow. The building provides ample parking with an elevator and connected garage, ensuring easy accessibility. The property is zoned S-D and is offered at an asking price of $275,000. Its location within a building housing a pharmacy and other medical professionals creates a synergistic environment. The APN is 21-028-129. This turnkey medical office presents a compelling investment opportunity in a high-demand area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Arlington
    State
    Virginia
    Longitude
    -77.128
    Latitude
    38.8605

    Comparable in this City

    • Value Estimation by Request

      611 Carlin Springs Rd

      Medical Office Space
      611 Carlin Springs Rd, Arlington, VA 22204
      View Details
    • Value Estimation by Request
      1,115 SF

      611 Carlin Springs Rd

      Medical Office Space • 1,115 SF
      611 Carlin Springs Rd, Arlington, VA 22204
      View Details
    • Value Estimation by Request
      1,115 SF

      611 Carlin Springs Rd

      Medical Office Space • 1,115 SF
      611 Carlin Springs Rd, Arlington, VA 22204
      View Details
    • Value Estimation
      $12,750,000
      29,555 SF

      3401 Columbia Pike

      OFFICE (GENERAL) • 29,555 SF
      3401 Columbia Pike, Arlington, VA 22204-4268
      View Details
    • Value Estimation
      $9,980,000
      30,912 SF

      3717 Columbia Pike

      OFFICE (GENERAL) • 30,912 SF
      3717 Columbia Pike, Arlington, VA 22204-4255
      View Details
    • Value Estimation
      $2,970,000
      11,295 SF

      5555 Columbia Pike

      OFFICE (GENERAL) • 11,295 SF
      5555 Columbia Pike, Arlington, VA 22204-5852
      View Details

    Similar Nearby for Sale

    • $275,000
      963 SF

      Arlington Medical Office Condo

      963 SF Medical Office for Sale
      611 Carlin Springs Rd, Arlington, VA 22204
      View Details
    • $324,000

      Medical Office Space Near Hospital

      Built-out medical space with exam rooms and reception area.
      611 S Carlin Springs Rd, Arlington, VA 22204
      View Details
    • Contact for pricing

      Arlington Office Suites for Lease

      Prime Arlington office and medical space available.
      46 Glebe Rd, Arlington, VA 22204
      View Details
    • Contact for pricing

      Arlington Medical Condo For Sale

      Turnkey Medical Office Suite in Prime Location
      611 Carlin Springs Rd, Arlington, VA 22204
      View Details
    • $735,000

      Arlington Specialty Property For Sale

      Specialty property available for purchase in Arlington, Virginia.
      5105 11Th St S, Arlington, VA 22204
      View Details
    • $925,000

      Arlington Specialty Property For Sale

      Specialty property available for purchase in Arlington, Virginia.
      3135 14Th St S, Arlington, VA 22204
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      963 SF

      Arlington Medical Office Condo

      Prime Arlington location, fully equipped medical suite.
      611 Carlin Springs Rd, Arlington, VA 22204
      View Details
    • $30 SF/Yr

      Office/Medical Spaces Available

      Office and medical spaces available for rent.
      46 S Glebe Rd, Arlington, VA 22204
      View Details
    • Contact for pricing
      72,367 SF

      Arlington Executive Office Space

      Prime Arlington location, 3,214 sq ft available
      & Columbia Pike George Mason Dr, Arlington, VA 22204
      View Details
    • Contact for pricing
      18,000 SF

      Arlington Executive Office Suites

      Prime Arlington Office Space Available
      46 Glebe Rd, Arlington, VA 22204
      View Details
    • Contact for pricing
      17,745 SF

      Arlington Office Space Near Metro

      Office space for rent near Ballston Metro in Arlington.
      1100 N Glebe Rd, Arlington, VA 22204
      View Details
    • Contact for pricing
      51,518 SF

      Mixed-Use Retail and Apartments

      Grocery-anchored retail with luxury apartments and walkable access to DC Metro.
      950 S George Mason Dr, Arlington, VA 22204
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    611 Carlin Springs Rd
    Arlington, VA 22204
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!