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Automotive Service Condominium
For Sale
$995,000

106-22854 Bryant Ct, Sterling, VA 20166

PDGI-zoned unit with mezzanine office space and an established automotive operation.

Property Size2,485 SF
Price / SF$400.40
Days on Market82

Property Features for 106-22854 Bryant Ct

General Information

Standard status Active
Size 2,485 SF
Zoning PDGI

Taxes and HOA fees

Annual Taxes $5,332
Listing Agency: Pearson Smith Realty, LLC
Listed By: Chris Zarou · License #0225222449
Source: Exprealty
Added: Jun 10 Changed: Aug 29 Last Checked: Aug 29 at 8:15PM

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 Pearson Smith Realty, LLC

Investment Insights

Based on property information with market context.

This 2,485-square-foot commercial condominium at 106-22854 Bryant Ct includes service and operational areas, along with office space on a mezzanine. The unit is occupied and operating as an automotive business, with an existing automotive use and a layout that supports automotive or industrial activities allowed under PDGI zoning.

The property is in Sterling, Virginia, with access to major transportation corridors and on-site parking. Its setting within the Northern Virginia market places it near Loudoun County’s commercial base and surrounding commuter routes. The configuration may accommodate an owner-user, an automotive operator, or an investor seeking a specialized commercial condominium.

Key Highlights

  • 2,485‑square‑foot commercial condominium
  • PDGI zoning with existing automotive use
  • Service and operational areas plus mezzanine office space

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,332
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.25%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$846,640 $846.6K
Cap Rate 7%
$604,743 $604.7K
Cap Rate 9%
$470,356 $470.4K
Market Conditions
NOI Build-Up for 2,485 SF 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.
Gross rent
$62.0K $24.96/SF
− Vacancy
−$1.6K −$0.62/SF
EGI
$60.5K $24.34/SF
− OpEx
−$18.1K −$7.30/SF
NOI
$42.3K $17.04/SF
Area
Loudoun County, VA
Vacancy
2.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$846,640
Cap Rate 7%
$604,743
Cap Rate 9%
$470,356

Alternative Uses

Best Use
Retail
$604.7K
$529.2K – $705.5K (±1% cap)
NOI $42,332 @ 7.0% cap · market cap 4.25%
Second Best
Flex RnD
$526.7K
$460.8K – $614.4K (±1% cap)
NOI $36,866 @ 7.0% cap · market cap 3.71%
Theoretical Best
Specialty Retail
$778.8K
$681.4K – $908.6K (±1% cap)
NOI $54,515 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Locksmith Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Pharmacy Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

578
Businesses Nearby
Well-served
Demand for This Use

Demographics for 20166, VA

14,164
Population
5,300
Households
2.7
Avg Household Size
34
Median Age
66%
College-Educated
93%
High-School Grad
27.2 sq mi
ZIP Area
521
Density / Sq Mi
$135,246
Median Household Income
$71,855
Median Earnings
$2,227
Median Rent
$576,400
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • VVT Tires 45149 Old Ox Rd, Sterling, VA 20166
  • Nalli's Automotive & Autobody 44964 Underwood Ln unit B, Sterling, VA 20166
  • Fallon Automotive (formerly Joe's Auto Works) 45000 Underwood Ln STE G, Sterling, VA 20166
  • Top Automotive 44827 Old Ox Rd STE H, Sterling, VA 20166
  • Daytona Automotive 44827 Old Ox Rd unit k, Sterling, VA 20166

Frequently Asked Questions

What type of property is this?
Auto shop - PDGI-zoned unit with mezzanine office space and an established automotive operation.
Where is this auto shop located?
The property is located at 106-22854 Bryant Ct Sterling, VA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 2,485‑square‑foot commercial condominium; PDGI zoning with existing automotive use; Service and operational areas plus mezzanine office space
More about this property
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