Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8303 Arlington Blvd Fairfax, VA 22031
    Back to Search
    Property profile & analytics

    8303 Arlington Blvd, Fairfax, VA 22031

    View on Map
    • Office Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Nunez-Brito Rosario MD / Physician
    • Edward Hindman / Dental Office
    • Dr. Hieu P. Nguyen, DDS / Dental Office
    • Dr. Mylene Huynh / Alternative Medicine Practice / Acupuncture
    • Liu Wei MD / Physician

    Property Details for 8303 Arlington Blvd

    Year built
    1979
    Property type
    Office Spaces

    Description

    This exceptional 1050-square-foot office space is ideally situated in Fairfax, Virginia, at 8303 Arlington Boulevard, Unit 209. Its prime location offers unparalleled convenience, being less than a mile from INOVA Fairfax Hospital and the new Cancer Research Center. The property boasts easy access to major thoroughfares including the Capital Beltway (I-495), I-66, and Route 50, ensuring effortless commutes for clients and staff. The space itself is beautifully remodeled, featuring attractive plank flooring and a secure steel door, creating a professional and inviting atmosphere. The layout comprises four rooms and two restrooms, providing ample space for a variety of professional uses. This makes it perfect for medical doctors, therapists, or other professionals seeking a well-appointed office environment. The building offers the added benefit of free, ample parking and an on-site elevator, along with 24/7 building access for ultimate flexibility. The lease term is flexible, catering to the specific needs of potential tenants. Its proximity to Tyson Corner and the Mosaic District further enhances its appeal, placing it within a vibrant and thriving commercial area with strong demographics.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairfax
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.2313
    Latitude
    38.8645

    Comparable in this City

    • Value Estimation by Request
      0.25 Acres

      Parcel F F

      OFFICE (GENERAL)
      Parcel F F, Fairfax, VA 22031
      View Details
    • Value Estimation by Request
      0.05 Acres

      Parcel I I

      OFFICE (GENERAL)
      Parcel I I, Fairfax, VA 22031
      View Details
    • Value Estimation by Request
      4,800 SF

      8213 Lee Hwy

      Individual retail properties
      8213 Lee Hwy, Fairfax, VA 22031
      View Details
    • Value Estimation by Request

      2677 Prosperity Ave

      Office Spaces
      2677 Prosperity Ave, Fairfax, VA 22031
      View Details
    • Value Estimation by Request

      3170 Draper Dr Ste, Unit 3

      CONDOMINIUM OFFICES
      3170 Draper Dr Ste, Fairfax, VA 22031-5113
      View Details
    • Value Estimation by Request

      3170 Draper Dr Ste, Unit 4

      CONDOMINIUM OFFICES
      3170 Draper Dr Ste, Fairfax, VA 22031-5113
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19,329 SF

      Merrifield Office Building For Sale

      Office building with high traffic and strong local demographics.
      3022 Javier Rd, Merrifield, VA 22031
      View Details
    • Contact for pricing
      19,329 SF

      Fairfax Office Building For Sale

      19,329 SF office building in Fairfax, Virginia.
      3022 Javier Rd, Fairfax, VA 22031
      View Details
    • $795,000

      Main Street Office Units

      Office units with excellent access to major routes and amenities.
      9673 Main St, Fairfax, VA 22031
      View Details
    • Contact for pricing

      Multi-Tenant Medical Office Building

      27,838 SF medical office building in Fairfax, Virginia.
      3028 Javier Rd, Fairfax, VA 22031
      View Details
    • $40,000
      700 SF

      Profitable Salon in Prime Location

      Turnkey salon with established clientele in Fairfax, Virginia.
      10010 Main St, Fairfax, VA 22031
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Lee Highway Office Spaces

      Office spaces for lease near Fairfax Circle and Vienna Metro.
      9401 Lee Hwy, Fairfax, VA 22031
      View Details
    • $1,975 /Mo

      Fairfax City Ground Level Office

      Office condo in Fairfax City near transit, restaurants, and parks.
      10195 Main St, Fairfax, VA 22031
      View Details
    • Contact for pricing
      2,620 SF

      Renovated Office Space Near Metro

      Newly renovated office space with extended hours and ample parking.
      8500 Executive Park Ave, Fairfax, VA 22031
      View Details
    • Contact for pricing
      1,411 SF

      Fairfax Office Space Sublease

      Office space available for sublease in Fairfax, Virginia.
      3040 Williams Dr, Fairfax, VA 22031
      View Details
    • $20 SF/Yr
      7,032 SF

      Fairfax Office Space Available

      7,032 SF office space for lease in Fairfax.
      8315 Lee Hwy, Fairfax, VA 22031
      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.
    8303 Arlington Blvd
    Fairfax, VA 22031
    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

    Thank You for Inquiry
    8303 Arlington Blvd, Fairfax, VA, 22031
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!