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    11490 Commerce Park Dr, Unit 340A Reston, VA 20191

    Sponsored
    For Sale
    $2,750,000

    Commercial Sale - RESTON, VA

    Type:Office
    Property size:
    12,535 SF
    Days on Market:
    6
    Last Refresh:
    Jan 21 at 4:06 am

    Property Features for 11490 Commerce Park Dr

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active
    Parking
    12
    Parking features
    Special Needs, Parking Lot
    Size
    12,535 SF

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1984

    We can help!

    Listing Contact
    Anne Nouri

    Keller Williams Realty McLean/Great Falls (703) 636-7300 [email protected]

    Listing agent Anne Nouri (703) 817-6499 License #0225215559

    Listing date Jan 16, 2026

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Class A Office Condo For Sale

    This 12,535 square foot Class A office condominium is located in Commerce Executive II in Reston, Virginia. The property is suitable for defense contractors, government services firms, or professional practices. It is located a 6-minute walk to Wiehle-Reston East Metro (Silver Line) with direct Dulles Toll Road frontage. The location provides access to federal clients, Dulles International Airport, and Northern Virginia's talent pool. Nearby are Reston Town Center, Google campus, and Reston Hospital. The space, merged from four suites, is easily divisible for a multi-tenant investment strategy. It features five secure private entrances, three fully-equipped kitchenettes, multiple conference rooms, open collaborative workstations, and ten dedicated parking spaces with visitor parking. The Home Owners Association (HOA) covers all utilities, janitorial services, exterior maintenance, landscaping, and professional on-site management. The building offers 24/7 secure access and elevator service. The property is suitable for companies requiring 8,000-15,000 square feet or investors seeking value-add opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reston
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.3429
    Latitude
    38.94632

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    FAQs

    What type of property is this?
    Office space - Class A office condo in Reston, VA, near Wiehle-Reston East Metro.
    Where is this office space located?
    The property is located at 11490 Commerce Park Dr, Unit 340A Reston, VA.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: - Below Replacement Cost: Offered at $2,750,000 ($219/SF).; - Strategic Metro-Adjacent Location: A 6-minute walk to Wiehle-Reston East Metro (Silver Line).; - Owner-Occupier Opportunity: Ideal for companies seeking to own their headquarters.
    (888) 840-5553
    Request Owner's contact information
    11490 Commerce Park Dr, Unit 340A Reston, VA 20191
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    Reston, VA 20191
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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
    11490 Commerce Park Dr, Unit 340A Reston, VA 20191
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    We can help!
    Listing Contact
    Anne Nouri
    Real Estate License ID: 0225215559
    (888) 840-5553
    Learn more
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