Mixed-Use Building with Income
100-21580 Atlantic Blvd, Sterling, VA 20166
Mixed-use building with tenants, warehouse, and high ceilings.
Property size:
6,400 SFPrice / SF:
$350/SF- Added:
- Apr 16, 2026
- Days on Market:
- 42
- Last Refresh:
- May 26 at 12:35 am
Property Features for 100-21580 Atlantic Blvd
General Information
- Standard status
- Active
- Size
- 6,400 SF
Listing agent Behzad Malakooti (703) 969-5646
Listing office Palisade Realty, Ltd. (703) 969-5646
Listing date Apr 16, 2026
Source Exprealty
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 Palisade Realty, Ltd.
HighLights
- Existing tenants generate approximately $120,000 annual income.
- Tenants are willing to sign extended leases.
- Building includes two floors, each approximately 1600 sq. ft., with central HVAC.
- Warehouse area offers approximately 3200 sq. ft. with a 28 ft. high ceiling, office, bathroom, and loading dock.
- Ample unassigned parking spaces available.
- Loading dock accessible for trailers.
Overview
This mixed-use building is suitable for investors or end-users. The property currently houses three tenants, generating approximately $120,000 in income. The tenants are currently on month-to-month leases but are willing to sign extended leases. The building features two floors in the front, each approximately 1600 square feet, with central HVAC. These floors are currently occupied by separate tenants. The property includes unassigned parking spaces and ample room for trailer access to the loading dock. The warehouse area, located at the rear of the building, offers approximately 3200 square feet of space, including one office, one bathroom, and gas heat. The warehouse has a separate entrance and loading dock. The unit is solidly built with a 28 ft high ceiling in the warehouse area. The property is not suitable for automotive use.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$1.35M
NOI $121,150 @ 9.00% cap · cautious / downside scenario
Moderate
$1.73M
NOI $121,150 @ 7.00% cap · market / base-case scenario
Aggressive
$2.42M
NOI $121,150 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $188.9k | $29.52 |
| − Vacancy | −$27.4k | −$4.28 |
| EGI | $161.5k | $25.24 |
| − OpEx | −$40.4k | −$6.31 |
| NOI | $121.2k | $18.93 |
6,400 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.73M
$1.51M – $2.02M
NOI $121,150 @ 7.0% cap · market cap 5.41%
Second Best
Mixed Use
$1.14M
$993.6K – $1.32M
NOI $79,488 @ 7.0% cap · market cap 3.55%
Theoretical Best
Specialty Retail
$2.01M
$1.76M – $2.34M
NOI $140,400 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Sterling
- County
- Loudoun
- State
- Virginia
- Longitude
- -77.4301259
- Latitude
- 39.0352982
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with tenants, warehouse, and high ceilings.
Where is this mixed-use property located?
The property is located at 100-21580 Atlantic Blvd Sterling, VA.
What is the asking price?
The asking price for this property is $2,240,000.
What are key features of this property?
This property features: Existing tenants generate approximately $120,000 annual income.; Tenants are willing to sign extended leases.; Building includes two floors, each approximately 1600 sq. ft., with central HVAC.
