Office Unit with Private
For Sale
$489,000
1801 ROBERT FULTON DR #320 320, Reston, VA 20191
Third-level suite offers reception, conference, kitchenette, private offices, and flexible open workspace.
Property Size2,000 SF
Price / SF$244.50
Days on Market90
Property Features for 1801 ROBERT FULTON DR #320 320
General Information
Standard status
Active
Size
2,000 SF
Additional Details
Floor
3
Listing Agency:
Weichert, REALTORS
(703) 264-0000
Listed By:
Michael C Lefevere · License #0225082600
(571) 228-5050
Source:
Opal-realestate
Added: Jul 20
Changed: Oct 8
Last Checked: Oct 16 at 8:43AM
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 Weichert, REALTORS
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 320 is a third-level office unit at 1801 Robert Fulton Dr in Reston, Virginia. The approximately 2,000-square-foot layout includes a reception area, a large conference room, kitchenette, open workspace with cubicles, and three windowed private offices. The offices overlook trees, adding a view-oriented setting to the work areas.
The property is available for purchase and can also be leased immediately, with furnished or unfurnished options. Its existing configuration provides a combination of enclosed offices, collaborative space, meeting facilities, and staff support areas within one suite.
The property is available for purchase and can also be leased immediately, with furnished or unfurnished options. Its existing configuration provides a combination of enclosed offices, collaborative space, meeting facilities, and staff support areas within one suite.
Key Highlights
- Approximately 2,000 sq.ft. office unit
- Suite 320 on the 3rd level
- Three private offices with windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,859
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,180
$757.2K
Cap Rate 7%
$540,843
$540.8K
Cap Rate 9%
$420,656
$420.7K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$59.0K $29.52/SF
− Vacancy
−$8.6K −$4.28/SF
EGI
$50.5K $25.24/SF
− OpEx
−$12.6K −$6.31/SF
NOI
$37.9K $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%
$757,180
Cap Rate 7%
$540,843
Cap Rate 9%
$420,656
Alternative Uses
Best Use
Office B
$540.8K
$473.2K – $631.0K
NOI $37,859 @ 7.0% cap · market cap 7.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$8.38M
$7.34M – $9.78M
NOI $586,845 @ 7.0% cap · market cap 120.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
284
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
Frequently Asked Questions
What type of property is this?
Office units - Third-level suite offers reception, conference, kitchenette, private offices, and flexible open workspace.
Where is this office units located?
The property is located at 1801 ROBERT FULTON DR #320 320 Reston, VA.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Approximately 2,000 sq.ft. office unit; Suite 320 on the 3rd level; Three private offices with windows
