Move-In Ready Office
For Sale
$489,000
1801 ROBERT FULTON DRIVE, Reston, VA 20191
Third-level office suite with reception, large conference room, kitchenette, open cubicle workspace, and three windowed offices.
Property Size1,966 SF
Price / SF$248.73
Days on Market329
Property Features for 1801 ROBERT FULTON DRIVE
General Information
Standard status
Active
Size
1,966 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$7,355
Amenities
Central Air
3
Parking.
Unassigned, Lot.
Other.
Building Details
Year Built
2000
Listing Agency:
Weichert, REALTORS
(571) 228-5050
Listed By:
Michael Lefevere · License #0225082600
(571) 228-5050
Source:
Xome
Added: Oct 8, 2025
Changed: Aug 23
Last Checked: Aug 31 at 1:39PM
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.
Move-in ready office suite located on the 3rd level, featuring a reception area, a large conference room, and a kitchenette. The space includes an open workspace with cubicles and three private offices, each with windows.
The suite is described as overlooking trees, offering an office setting within the Reston area. The property is available immediately and can be leased or purchased.
Approximately 1,966 square feet are available, with the option to purchase the space or lease it, and with furnishing available per the offering.
The suite is described as overlooking trees, offering an office setting within the Reston area. The property is available immediately and can be leased or purchased.
Approximately 1,966 square feet are available, with the option to purchase the space or lease it, and with furnishing available per the offering.
Key Highlights
- Move‑in ready third‑level office suite in Reston
- Approx. 2,000 sq. ft. office space with reception, large conference room, kitchenette, and open cubicle workspace
- 3 private windowed offices plus a reception area and conference room
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
$37,216
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
7.61%
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%
$744,320
$744.3K
Cap Rate 7%
$531,657
$531.7K
Cap Rate 9%
$413,511
$413.5K
Market Conditions
NOI Build-Up for 1,966 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
$58.0K $29.52/SF
− Vacancy
−$8.4K −$4.28/SF
EGI
$49.6K $25.24/SF
− OpEx
−$12.4K −$6.31/SF
NOI
$37.2K $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%
$744,320
Cap Rate 7%
$531,657
Cap Rate 9%
$413,511
Alternative Uses
Best Use
Office B
$531.7K
$465.2K – $620.3K
NOI $37,216 @ 7.0% cap · market cap 7.61%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$616.1K
$539.1K – $718.8K
NOI $43,129 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,185
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 office suite with reception, large conference room, kitchenette, open cubicle workspace, and three windowed offices.
Where is this office units located?
The property is located at 1801 ROBERT FULTON DRIVE 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: Move‑in ready third‑level office suite in Reston; Approx. 2,000 sq. ft. office space with reception, large conference room, kitchenette, and open cubicle workspace; 3 private windowed offices plus a reception area and conference room
