Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    New Warehouse Space Available Title is generated by Realmo AI

    22494 Lockridge Road, Sterling, VA 20166

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

    99,840 SF warehouse with modern features, construction starting April 2025.

    Type:Industrial
    Property size:
    99,840 SF
    Added:
    Nov 22, 2025
    Days on Market:
    185
    Last Refresh:
    May 20 at 12:32 am

    Property Features for 22494 Lockridge Road

    General Information

    Standard status
    Active
    Size
    99,840 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Bob Gibbs

    Listing agent Bob Gibbs

    Listing office

    Listing date Nov 22, 2025

    Source Cbre

    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 Bob Gibbs

    HighLights

    • ±99,840 SF available with 32' clear height and 50' x 56' column spacing
    • Strategic location with immediate access to Route 28, Route 606, and the Dulles Toll Road
    • 36 dock doors (18 included) and 2 drive‑in doors for efficient loading and unloading
    • Solar‑ready with 5psi residual load and 30‑year roof
    • Robust infrastructure including ESFR sprinkler system, 7" thick steel‑fiber reinforced slab, and 4,000 amps
    • LEED® Silver Certification, demonstrating commitment to environmental sustainability

    Overview

    A warehouse property offering approximately 99,840 square feet of available space, with construction scheduled to begin in April 2025. The property includes two offices totaling approximately 5,400 square feet. It features a 32-foot clear height and 50' x 56' column spacing. There are 36 dock doors, with 18 included, each measuring 9' x 10' and manually operated with insulated sectional doors, along with 2 drive-in doors. The building is equipped with an ESFR sprinkler system and a 7-inch thick, steel-fiber reinforced slab. Electrical capacity is 4,000 amps, and LED lighting is installed throughout. Parking includes 157 total car parking spaces, with 4 equipped for EV charging. The property is solar-ready, featuring a 5psi residual load and a 30-year roof, and is designed to achieve LEED® Silver Certification. The location provides immediate access to Route 28, Route 606, and the Dulles Toll Road, and is minutes from Dulles International Airport, offering multi-market accessibility with efficient travel times to Baltimore, Philadelphia, and Washington D.C.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Law Firm Department Store Accounting Firm Grocery & Convenience Store Furniture & Home Goods Real Estate Agency (Bike/Boat/Book/etc) Store Daycare Center Travel Agency Home Appliance Store

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

    Similar Places Nearby

    • Move It All Services — 22611 Markey Ct # 101, Sterling, VA 20166
    • Interstate Moving & Storage, Inc. — 22455 Powers Ct, Dulles, VA 20166
    • Aero Transfer & Logistics — 44819 Acacia Ln, Sterling, VA 20166

    Location Insight

    • Map
    • Local Demand
    City
    Sterling
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.4557493
    Latitude
    38.9962884

    Nearby Similar for Lease

    • $2,750/Mo

      Updated Office Space in Sterling

      Updated office space in a convenient Sterling business corridor.
      21155 WHITFIELD Place, STERLING, VA 20165
      View Details
    • $2,900/Mo

      Professional Office Suite in Sterling

      Furnished office suite with modern design and convenient location.
      21495 RIDGETOP Circle, STERLING, VA 20166
      View Details
    • $5 SF/Yr
      3,100 SF

      Sterling Flex Space with Showroom

      3,100 SF flex space with showroom and warehouse.
      44810 OLD OX Rd, Sterling, VA 20166
      View Details
    • $20 SF/Yr
      5,593 SF

      Industrial Warehouse Condo For Rent

      5,593 SF industrial warehouse condo in Sterling, VA.
      22923 QUICKSILVER Dr 101, Sterling, VA 20166
      View Details
    • $2,800/Mo
      1,435 SF

      Medical Office Condo For Lease

      Medical office condo in Sterling, ready for move-in.
      20 PIDGEON HILL Drive, STERLING, VA 20165
      View Details
    • $30 SF/Yr
      4,588 SF

      Medical Office Near Stone Springs

      Five-story medical office building with direct hospital access.
      24430 Stone Springs Boulevard, Sterling, VA, 20166
      View Details
    • $1,500/Mo
      1,597 SF

      Professional Office Space For Lease

      Refined office space available within established accounting firm.
      21165 Whitfield Pl #207, STERLING, VA 20165
      View Details
    • $3,000/Mo
      2,000 SF

      Sterling Office/Warehouse Space Available

      2,000 SF office/warehouse space for rent in Sterling, VA.
      1323 Shepard Dr #i, STERLING, VA 20164
      View Details
    • $3,000/Mo
      1,435 SF

      Medical Office Condo For Lease

      Medical office condo in Sterling with exam rooms and lab.
      20 PIDGEON HILL Dr 205, Sterling, VA 20165
      View Details
    • $1,317/Mo

      Sterling Office Space for Rent

      Open floor plan office space in Sterling, Virginia available for rent.
      111 CARPENTER Dr M, Sterling, VA 20164
      View Details
    • $1,850/Mo

      Efficient Office Suite For Rent

      Well-located office suite with flexible layout and recent upgrades.
      22648 Glenn Dr #202, STERLING, VA 20164
      View Details
    • $2.00 SF/Yr

      Efficient Office Suite For Rent

      Well-located office suite with flexible layout and recent upgrades.
      22648 GLENN Dr 202, Sterling, VA 20164
      View Details

    FAQs

    What type of property is this?
    Warehouse - 99,840 SF warehouse with modern features, construction starting April 2025.
    Where is this warehouse located?
    The property is located at 22494 Lockridge Road Sterling, VA.
    What are key features of this property?
    This property features: ±99,840 SF available with 32' clear height and 50' x 56' column spacing; Strategic location with immediate access to Route 28, Route 606, and the Dulles Toll Road; 36 dock doors (18 included) and 2 drive‑in doors for efficient loading and unloading
    (703) 905-0301
    We can help!
    Listing Contact
    Bob Gibbs
    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

    Thank You for Inquiry
    22494 Lockridge Road, Sterling, VA, 20166
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!