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 Market44
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
(571) 228-5050
Listed By:
Michael C Lefevere · License #0225082600
(571) 228-5050
Source:
Opal-realestate
Added: Jul 20
Changed: Aug 31
Last Checked: Aug 31 at 5:17PM
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
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 = 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
$37,859
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
7.74%
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%
$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
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
$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
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%
$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
$626.8K
$548.4K – $731.3K
NOI $43,875 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with authorities.
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
Questions? Ask Rey
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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
