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    8040-8092 Rolling Rd Springfield, VA 22153

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    8040-8092 Rolling Rd Springfield, VA 22153

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    • Lifestyle centers
    • 113,030 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Saratoga Shopping Center / Restaurant

    Property Details for 8040-8092 Rolling Rd

    Property size
    113,030 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional retail opportunity presents itself at the Saratoga Shopping Center, located at 8040-8092 Rolling Rd, Springfield, VA 22153, in Fairfax County. The center offers a total of 113,030 square feet of retail and restaurant space, currently comprised of two suites. A significant 8,000 square feet of space is immediately available, divisible into units ranging from a minimum of 2,500 square feet to a maximum contiguous space of 5,500 square feet. The property's strategic location within a well-established Springfield community ensures high visibility and accessibility. Its proximity to I-95 provides convenient access for both customers and employees, and its location is only five miles from Fort Belvoir, offering a substantial potential customer base. This makes the Saratoga Shopping Center an ideal location for businesses seeking high-traffic exposure and a strong local presence. The property is classified as a shopping center with fitness space potential. This presents a unique opportunity for businesses looking to establish themselves in a thriving community with excellent transportation links. Contact us today to learn more about this exciting opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.2129
    Latitude
    38.7399

    Comparable in this City

    • Value Estimation
      $23,065,000
      102,030 SF

      7475 Huntsman Blvd

      MINI-MALL • 102,030 SF
      7475 Huntsman Blvd, Springfield, VA 22153-1648
      View Details
    • Value Estimation
      $28,670,000
      119,633 SF

      8040 Rolling Rd

      MINI-MALL • 119,633 SF
      8040 Rolling Rd, Springfield, VA 22153-2928
      View Details
    • Value Estimation by Request
      3,873 SF

      7909 Rolling Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,873 SF
      7909 Rolling Rd, Springfield, VA 22153-2822
      View Details
    • Value Estimation
      $2,350,000
      143,936 SF

      7373 Boston Blvd

      APPLIANCE STORE • 143,936 SF
      7373 Boston Blvd, Springfield, VA 22153-2805
      View Details
    • Value Estimation
      $1,255,000
      47,176 SF

      8000 Research Way

      AUTO REPAIR, GARAGE • 47,176 SF
      8000 Research Way, Springfield, VA 22153-3131
      View Details
    • Value Estimation by Request
      2,976 SF

      7320 Gambrill Rd

      CAR WASH • 2,976 SF
      7320 Gambrill Rd, Springfield, VA 22153-1805
      View Details

    Similar Nearby for Lease

    • Contact for pricing
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    • Contact for pricing
      17,216 SF

      Springfield Office Space Available

      Office space available for rent in Springfield, Virginia.
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      Commercial Property for Rent

      Commercial property available for rent in Springfield, Virginia.
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    Springfield, VA 22153
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    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
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    8040-8092 Rolling Rd, Springfield, VA, 22153

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