Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    42994 Eastern Kingbird Plz Ashburn, VA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail property in a high-income, rapidly growing area.

    Type:RETAIL
    Property size:
    14,346 SF
    Lot size:
    26.29 Acres
    Added:
    May 11, 2024
    Days on Market:
    715
    Last Refresh:
    Apr 5 at 10:10 pm

    Property Features for 42994 Eastern Kingbird Plz

    General Information

    Standard status
    Active
    Size
    14,346 SF
    Lot size
    26.29 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 42994 Eastern Kingbird Plz Contact us

    We can help!

    Listing Contact
    Andrew "Andy" Segall

    Listing agent Andrew "Andy" Segall

    Listing office Segall Group

    Listing date May 11, 2024

    Source Moodyscre

    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 Segall Group

    Overview

    Retail Space in Growing Area

    This retail property is situated in a rapidly growing, affluent area. The well-established neighborhood center benefits from high incomes and density within its primary trade area. Its location between Route 267 and Route 7 provides strong barriers to entry. Opportunities for small shops are available, and pads are ready for immediate delivery. The property offers 14,346 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Voli Shoppee — 20400 Brightcrest Terrace, Ashburn, VA 20147

    Location Insight

    • Map
    • Local Demand
    City
    Ashburn
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.5144
    Latitude
    39.0573

    Nearby Similar for Lease

    • $3,000/Mo

      Furnished Ashburn Professional/Medical Office Suite

      Professionally renovated, fully furnished office suite suitable for medical or professional use.
      44075 PIPELINE Plaza, ASHBURN, VA 20147
      View Details
    • $4,500/Mo

      Ashburn Flex-Industrial Warehouse Suite

      3,000 sqft flex space ideal for various business operations.
      21760 Beaumeade Cir #180, ASHBURN, VA 20147
      View Details
    • $4,500/Mo

      Ashburn Flex-Industrial Warehouse Suite

      Located in Beaumeade Corporate Park, ideal for various business uses.
      21760 Beaumeade Cir, Unit 180, Ashburn, VA 20147
      View Details
    • Sponsored
      Contact for pricing

      VA, Ashburn - Ashburn Rd

      20937 Ashburn Rd, Ashburn, VA 20147
      View Details
    • Contact for pricing

      Lakeview University

      20130 Lakeview Center Plz, Unit 400, Ashburn, VA 20147
      View Details
    • $3,500/Mo

      New Corner Office in Ashburn

      Class A office space in OneLoudoun, ready for immediate occupancy.
      20755 WILLIAMSPORT Place, ASHBURN, VA 20147
      View Details
    • Contact for pricing

      Retail Space in One Loudoun

      Premier retail opportunity in affluent Loudoun County, Virginia.
      20366 Exchange St, Ashburn, VA
      View Details
    • $58,800 SF/Yr

      Flex Suites in Ashburn IT Hub

      Two flex suites with office and warehouse space available for rent.
      21690 Red Rum Dr #182 & 192, ASHBURN, VA 20147
      View Details
    • Contact for pricing

      Office Building in Ashburn, VA

      Office building with visibility, near Reston, Dulles, and DC.
      45150 Russell Branch Pky, Ashburn, VA 20147
      View Details
    • $9 SF/Yr

      Ashburn Retail/Commercial Kitchen Space

      800 SF space ideal for takeout or commercial kitchen.
      20691 Ashburn Rd, Ashburn, VA
      View Details
    • Contact for pricing

      Ashburn Office Space Available

      Office property with 84,217 square feet available for rent.
      22001 Loudoun County Parkway, Ashburn, VA 20147
      View Details
    • $12 SF/Yr

      Ashburn Warehouse Space Available

      118,000 sqft warehouse space for lease in Ashburn.
      Loudoun Parkway Commons 44710 Cape Court, Ashburn, VA 20147
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail property in a high-income, rapidly growing area.
    Where is this shopping center located?
    The property is located at 42994 Eastern Kingbird Plz Ashburn, VA.
    What are key features of this property?
    This property features: Located in a wealthy and fast‑growing area.; Well‑established neighborhood center.; High incomes and density in the primary trade area.
    (410) 960-0361 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Andrew "Andy" Segall
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!