Medical Office Condo
106 ELDEN Street Herndon, VA 20170
For Sale
$325,000
Commercial Sale - HERNDON, VA
Property Size1,220 SF
Price / SF$266.39
Days on Market47
Property Features for 106 ELDEN Street
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 30
- Parking features
- Parking Lot
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 4553
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1987
- Building materials
- Brick
Listing Agency:
Samson Properties
(703) 378-8810
Listed By:
Leyi Wang · License #0225212385
(202) 256-0851
Added: Jun 8
Changed: Jun 9
Last Checked: Jul 24 at 11:06AM
MLS# VAFX2318976
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.
Investment Insights
Based on property information with market context.
This offering is an office condo (Suite 13) within Stuart Professional Village, presented as a first-floor medical/professional suite. The layout includes four exam rooms, a front office, a waiting area, a powder room, a laundry room, and two storage rooms. The unit has been fully renovated, with a new AC system installed in 2021.
The suite is located at 106 Elden Street in Herndon, Virginia, near Reston Hospital, with ample parking available for both employees and clients. The property is positioned within a professional village setting.
For prospective owner-occupants, the existing room configuration supports day-to-day operations for exam-based practices as well as other professional uses that require a reception/waiting area, dedicated offices, and storage. For investors or tenants seeking a turnkey, renovated first-floor office condo, the combination of exam rooms, supporting back-of-house space, and updated mechanicals is designed to reduce near-term buildout needs.
The suite is located at 106 Elden Street in Herndon, Virginia, near Reston Hospital, with ample parking available for both employees and clients. The property is positioned within a professional village setting.
For prospective owner-occupants, the existing room configuration supports day-to-day operations for exam-based practices as well as other professional uses that require a reception/waiting area, dedicated offices, and storage. For investors or tenants seeking a turnkey, renovated first-floor office condo, the combination of exam rooms, supporting back-of-house space, and updated mechanicals is designed to reduce near-term buildout needs.
Key Highlights
- Office condo (Suite 13) in Stuart Professional Village near Reston Hospital
- Approximately 1,220 SF on the first floor with exam rooms, front office, waiting area, powder room, laundry room, and 2 storage rooms
- Fully renovated with new AC system in 2021
Financial Insights For Office B
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.0k | $29.52 |
| − Vacancy | −$5.2k | −$4.28 |
| EGI | $30.8k | $25.24 |
| − OpEx | −$7.7k | −$6.31 |
| NOI | $23.1k | $18.93 |
1,220 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$329.9K
$288.7K – $384.9K
NOI $23,094 @ 7.0% cap · market cap 7.11%
Second Best
Healthcare Medical
$324.7K
$284.1K – $378.8K
NOI $22,726 @ 7.0% cap · market cap 6.99%
Theoretical Best
Specialty Retail
$382.3K
$334.6K – $446.1K
NOI $26,764 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sajjad Khan
Foster Care Service
Eleven Spa | Asian ...
Alternative Medicine Practice
Prita Bhardwaj, M.D.
Physician
Dr. Keith Saylor
Physician
Dr. Richard Pei
Physician
Similar Off Market Nearby
- Banfield Pet Hospital — 11860 Spectrum Center, Reston, VA 20190
- Abington Hall Veterinarian — 12160 Abington Hall Pl, Reston, VA 20190
- Interact — 100 Elden St # 11, Herndon, VA 20170, United States
- Lucidian Life Sciences — 478 Elden St, Herndon, VA 20170
- Herndon Animal Medical Center — 360 Herndon Pkwy Suite 2150, Herndon, VA 20170
FAQs
What type of property is this?
Medical Office Space - First-floor suite with four exam rooms, waiting area, and renovated HVAC system, suited for medical or professional practices.
Where is this medical office space located?
The property is located at 106 ELDEN Street Herndon, VA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Office condo (Suite 13) in Stuart Professional Village near Reston Hospital; Approximately 1,220 SF on the first floor with exam rooms, front office, waiting area, powder room, laundry room, and 2 storage rooms; Fully renovated with new AC system in 2021
