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Property profile & analytics
OFF-MARKET Estimated value $17,445,000
Office buildings

196 Van Buren St Herndon, VA 20170-5346

107,898 SF 3.6 ac lot Built 1990
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US87-1304069
Property summary
AI-generated overview

This exceptional office property, located at 196 Van Buren Street in Herndon, Virginia, presents a unique opportunity for businesses seeking convenient and well-equipped workspace. Situated directly adjacent to the Herndon Metro Station, this location offers unparalleled accessibility for employees and clients utilizing public transportation. The property sits on a generous 3.6-acre lot, providing ample space and potential for future expansion or development. A significant advantage for larger tenants is the potential for prominent toll road signage, enhancing visibility and brand recognition. The building itself boasts a range of attractive amenities designed to enhance tenant comfort and productivity. These include a fully equipped conference center, ideal for meetings and presentations, and a state-of-the-art fitness center, promoting employee well-being. Furthermore, abundant free parking is available, eliminating the hassle and expense associated with parking in a high-demand area. This combination of prime location, extensive amenities, and significant parking makes this Herndon office building an exceptional investment opportunity. The property's size and location offer significant potential for a variety of businesses seeking a strategic and convenient location in the thriving Herndon market. The potential for toll road signage adds further value for businesses seeking maximum brand exposure.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1990
Construction STEEL FRAME
Total area 107,898 SF
Lot 3.6 ac (156,833 SF)
Zoning code PD-T(PLANNED DEV-TRANSIT)
APN 016-4-02-0025-A
UPID US87-1304069
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Brandywine Realty Trust Real Estate Agency
  • POMS Corporation (Bike/Boat/Book/etc) Store Corporate Office
  • ViON IT Consulting Firm (Bike/Boat/Book/etc) Store
  • Vision It Employment Agency
  • Capital Rail Constructors Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$10.87M
CAP Approach CAP
by Request
Comparable Approach Comparable
$15.41M
Blend (final) Blend
$17.45M
Owner & transaction history
Germanium LLC · 3 yrs held
Germanium LLC
since 2022
Last sale
$17.8M
5 recorded transactions
2022
$17.8M
2016
Price N/A
2016
$44.5M
2005
$51.5M
1969
Price N/A
Zoning & alternative use
PD-T(PLANNED DEV-TRANSIT) · Herndon, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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