Office Condo Near Metro
For Sale
$697,000
11250 Roger Bacon Dr #3, Reston, VA 20190
Three-level office condo with balcony, near Reston-Wiehle Metro.
Property Size3,000 SF
Price / SF$232.33
Days on Market421
Property Features for 11250 Roger Bacon Dr #3
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$8,826
Amenities
Business Park
Building Details
Year Built
1968
Listing Agency:
DOORSTEP PROPERTY MANAGEMENT, LLC
(703) 860-1500
Listed By:
DAVID H SANDE
(703) 707-2000
Source:
Corcoran
Added: Aug 13, 2025
Changed: Aug 8
Last Checked: Aug 25 at 5:05AM
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 DOORSTEP PROPERTY MANAGEMENT, LLC
Investment Insights
Based on property information with market context.
This is a rare opportunity to invest in an office condo located near the Reston-Wiehle Metro stop. The three-level building offers almost 3000 square feet of space and includes a balcony that overlooks a lush courtyard. The layout features multiple private offices. The property provides easy access to major roads, including Dulles Access Road, Dulles Toll Road, Route 7, and Fairfax County Parkway. An extensive quantity of restaurants, services, housing, and shopping options are located in close proximity. The building layout supports renting individual offices or entire floors.
Key Highlights
- Prime location near Reston‑Wiehle Metro stop.
- Versatile three‑level office condo with nearly 3000 sqft.
- Potential for rental income from individual offices or entire floors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,789
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,135,780
$1.1M
Cap Rate 7%
$811,271
$811.3K
Cap Rate 9%
$630,989
$631.0K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$88.6K $29.52/SF
− Vacancy
−$12.8K −$4.28/SF
EGI
$75.7K $25.24/SF
− OpEx
−$18.9K −$6.31/SF
NOI
$56.8K $18.93/SF
Area
Fairfax County, VA
Vacancy
14.50%
Lease Rate
$29.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,135,780
Cap Rate 7%
$811,271
Cap Rate 9%
$630,989
Alternative Uses
Best Use
Office B
$811.3K
$709.9K – $946.5K
NOI $56,789 @ 7.0% cap · market cap 8.15%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$12.58M
$11.00M – $14.67M
NOI $880,268 @ 7.0% cap · market cap 126.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,118
Businesses Nearby
Explore this area
Business Placement
Demographics for 20190, VA
20,957
Population
12,180
Households
1.7
Avg Household Size
40
Median Age
72%
College-Educated
96%
High-School Grad
4.4 sq mi
ZIP Area
4,763
Density / Sq Mi
$126,928
Median Household Income
$83,750
Median Earnings
$2,241
Median Rent
$568,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Three-level office condo with balcony, near Reston-Wiehle Metro.
Where is this office units located?
The property is located at 11250 Roger Bacon Dr #3 Reston, VA.
What is the asking price?
The asking price for this property is $697,000.
What are key features of this property?
This property features: Prime location near Reston‑Wiehle Metro stop.; Versatile three‑level office condo with nearly 3000 sqft.; Potential for rental income from individual offices or entire floors.
