Office Condo with Open
For Sale
$410,000
14163 ROBERT PARIS CT #A A, Chantilly, VA 20151
Efficient workspace includes an executive office and two ADA-compliant restrooms.
Property Size1,639 SF
Price / SF$250.15
Days on Market10
Property Features for 14163 ROBERT PARIS CT #A A
General Information
Standard status
Active
Size
1,639 SF
Listing Agency:
Divaris Real Estate, Inc
(571) 620-5142
Listed By:
Erik Ulsaker · License #0225097564
(703) 861-0373
Source:
Careyrealtygroup
Added: Aug 30
Changed: Sep 8
Last Checked: Sep 6 at 8:14AM
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 Divaris Real Estate, Inc
Investment Insights
Based on property information with market context.
This 1,639-square-foot office condominium at 14163 Robert Paris Court, Suite A, offers an open interior arrangement with one executive office. Natural light contributes to the workspace, while two ADA-compliant restrooms support daily operations. The property is located in Chantilly, Virginia, and is suited to professional office use.
Key Highlights
- 1,639 SF office condominium
- Open interior layout with one executive office
- Natural light throughout the workspace
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
$31,026
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
7.57%
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%
$620,520
$620.5K
Cap Rate 7%
$443,229
$443.2K
Cap Rate 9%
$344,733
$344.7K
Market Conditions
NOI Build-Up for 1,639 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
$48.4K $29.52/SF
− Vacancy
−$7.0K −$4.28/SF
EGI
$41.4K $25.24/SF
− OpEx
−$10.3K −$6.31/SF
NOI
$31.0K $18.93/SF
Area
Loudoun 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 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%
$620,520
Cap Rate 7%
$443,229
Cap Rate 9%
$344,733
Alternative Uses
Best Use
Office B
$443.2K
$387.8K – $517.1K
NOI $31,026 @ 7.0% cap · market cap 7.57%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$513.7K
$449.5K – $599.3K
NOI $35,956 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,197
Businesses Nearby
Explore this area
Business Placement
Demographics for 20151, VA
22,653
Population
6,966
Households
3.3
Avg Household Size
39
Median Age
57%
College-Educated
91%
High-School Grad
15.9 sq mi
ZIP Area
1,425
Density / Sq Mi
$143,422
Median Household Income
$64,002
Median Earnings
$2,245
Median Rent
$647,400
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 - Efficient workspace includes an executive office and two ADA-compliant restrooms.
Where is this office units located?
The property is located at 14163 ROBERT PARIS CT #A A Chantilly, VA.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 1,639 SF office condominium; Open interior layout with one executive office; Natural light throughout the workspace
