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    464 Herndon Pkwy Herndon, VA 20170

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    For Sale
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    Affordable, renovated offices near Metro

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional opportunity presents three renovated office suites for lease within the Springwood Professional Center, located at 464 Herndon Parkway, Unit 216, Herndon, VA. The building enjoys a prime location, less than half a mile from the new Metro station, providing convenient access to public transportation. The suites offer varying sizes and rental rates: a 10' x 10' office at $600 per month, a furnished 10' x 11' office at $650 per month, and a 10' x 12' office at $700 per month. All rental rates include condo fees, real estate taxes, utilities, and a regular cleaning service. Tenants will also benefit from shared amenities including a reception area, a complimentary Keurig coffee bar, and a conference table. The building's convenient location on Herndon Parkway offers easy access to major roadways such as the Fairfax County Parkway, Dulles Toll Road, Spring Street, Elden Street, and Sunset Hills Road, as well as proximity to Reston. A variety of shops and restaurants are within walking distance. 24/7 access to the office is provided. This is an ideal location for businesses seeking a professional, affordable, and conveniently located office space.

    Property Features for 464 Herndon Pkwy

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1989
    Property Profile Location Intelligence

    Current Use by Public Records

    AAA Healthcare LLC Home Health Care Service Acupuncture & Bodywork Associates Acupuncture Clinic Virginia D. Mitchell, ... Acupuncturist Dr. John Morrow Psychologist Meg Donnelly, NoVA ... Massage Therapist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Herndon
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.37746
    Latitude
    38.95813

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    FAQs

    What type of property is this?
    Office Property / Space - Affordable, renovated offices near Metro
    Where is this office property / space located?
    The property is located at 464 Herndon Pkwy Herndon, VA.
    (703) 404-3702
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    464 Herndon Pkwy Herndon, VA 20170
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    Realmo Value Estimation

    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.

    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.

    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
    464 Herndon Pkwy Herndon, VA 20170
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