Office Unit with Large
New
For Sale
$299,000
11864 Sunrise Valley Dr Unit 201, Reston, VA 20191
Updated restrooms, parking, and proximity to transit support a practical professional workspace.
Property Size1,200 SF
Price / SF$249.17
Days on Market2
Property Features for 11864 Sunrise Valley Dr Unit 201
General Information
Standard status
Active
Size
1,200 SF
Additional Details
Public Transit
Yes
Building Details
Year Built
1981
Listing Agency:
Pearson Smith Realty, LLC
(703) 479-5223
Listed By:
L. Shane S Keaton
Source:
Kandorre
Added: Aug 4
Changed: Aug 5
Last Checked: Aug 5 at 5:18AM
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 1,200-square-foot office unit at 11864 Sunrise Valley Dr Unit 201 provides a professional workspace with large windows that bring natural light into the interior. The property includes two well-maintained, updated restrooms and ample parking for staff and visitors. Built in 1981, the unit is suited to a range of professional office uses.
The Reston location offers access to Dulles Airport, Metro service, and bus stops. Dining, shopping, and essential services are also nearby, adding convenience for daily operations and workplace visitors.
The Reston location offers access to Dulles Airport, Metro service, and bus stops. Dining, shopping, and essential services are also nearby, adding convenience for daily operations and workplace visitors.
Key Highlights
- 1,200‑square‑foot office unit
- Large windows provide abundant natural light
- Two well‑maintained, updated restrooms
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 | $35.4k | $29.52 |
| − Vacancy | −$5.1k | −$4.28 |
| EGI | $30.3k | $25.24 |
| − OpEx | −$7.6k | −$6.31 |
| NOI | $22.7k | $18.93 |
1,200 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$324.5K
$284.0K – $378.6K
NOI $22,716 @ 7.0% cap · market cap 7.60%
Second Best
Healthcare Medical
$319.3K
$279.4K – $372.6K
NOI $22,353 @ 7.0% cap · market cap 7.48%
Theoretical Best
Specialty Retail
$376.1K
$329.1K – $438.8K
NOI $26,325 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,837
Businesses Nearby
Explore this area
Business Placement
Demographics for 20191, VA
29,948
Population
12,744
Households
2.3
Avg Household Size
39
Median Age
66%
College-Educated
93%
High-School Grad
7.8 sq mi
ZIP Area
3,839
Density / Sq Mi
$141,019
Median Household Income
$62,313
Median Earnings
$1,983
Median Rent
$616,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Updated restrooms, parking, and proximity to transit support a practical professional workspace.
Where is this office units located?
The property is located at 11864 Sunrise Valley Dr Unit 201 Reston, VA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,200‑square‑foot office unit; Large windows provide abundant natural light; Two well‑maintained, updated restrooms
