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Flex Space With Drive-In Bay
For Sale
$875,000

255 Sunset Park Dr #255, Herndon, VA 20170

PD-B-zoned commercial space combines office, warehouse, and retail functionality with convenient Metro access.

Property Size2,224 SF
Price / SF$393.44
Days on Market8

Property Features for 255 Sunset Park Dr #255

General Information

Standard status Active
Size 2,224 SF
Property subtype Commercial
Zoning PD-B

Warehouse & Industrial

Clear Height 20 ft
Mezzanine 184 SF
Drive-In Doors 1
Sprinkler System Yes

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $13,656

Amenities

Adjoins - Open Space

Building Details

Year Built 1984
Listing Agency: TYSONS REALTY, INC.
Listed By: PAULINE THOMPSON
Source: Corcoran
Added: Jul 29 Changed: Aug 2 Last Checked: Aug 5 at 6:38AM

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 TYSONS REALTY, INC.

Investment Insights

Based on property information with market context.

This 2,224-square-foot flex property at 255 Sunset Park Dr #255 includes office, warehouse, and retail components within a versatile commercial layout. The space features 20-foot clear ceilings, a full sprinkler system, and a 14' H x 12' W drive-in bay door. A built-in 184-square-foot wood mezzanine provides additional storage or workspace. Gas heat, electric AC, one bathroom, and a 5-foot hallway connecting to the loading area support day-to-day operations. The roof is approximately 5 years old, and the property was built in 1984.

The building is located in Sunset Business Park, approximately a 10-minute walk from Herndon Metro Station. Reston Town Center, Fairfax County Parkway, Dulles Toll Road, and Dulles Airport are also identified as nearby destinations. PD-B, or Planned Development Business, zoning supports a range of stated uses including retail and light industrial or flex applications.

Key Highlights

  • 2,224 SF flex space with office, warehouse, and retail components
  • 20 ft clear ceiling heights with full sprinkler system
  • 14' H x 12' W drive‑in bay door for loading access

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $65.7k $29.52
− Vacancy −$9.5k −$4.28
EGI $56.1k $25.24
− OpEx −$14.0k −$6.31
NOI $42.1k $18.93
2,224 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$601.4K
$526.3K – $701.7K (±1% cap)
NOI $42,100 @ 7.0% cap · market cap 4.81%
Second Best
Retail
$541.2K
$473.6K – $631.4K (±1% cap)
NOI $37,886 @ 7.0% cap · market cap 4.33%
Theoretical Best
Specialty Retail
$697.0K
$609.9K – $813.2K (±1% cap)
NOI $48,789 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Storage Facility Electrical Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20 ft
Clear height
1
Drive-in doors
Yes
Sprinkler system
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,811
Businesses Nearby
Well-served
Demand for This Use

Demographics for 20170, VA

42,756
Population
14,084
Households
3
Avg Household Size
36
Median Age
57%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
4,859
Density / Sq Mi
$157,875
Median Household Income
$59,119
Median Earnings
$2,224
Median Rent
$625,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Similar Off Market Nearby

  • Eric Fleischer Catering 273 Sunset Park Dr, Herndon, VA 20170
  • Wined and Dined Catering 273 Sunset Park Dr, Herndon, VA 20170
  • Silver Spoon Caterers 348 Victory Dr, Herndon, VA 20170
  • Chef's Table Catering Inc 141-2 Spring St, Herndon, VA 20170

Frequently Asked Questions

What type of property is this?
Flex space - PD-B-zoned commercial space combines office, warehouse, and retail functionality with convenient Metro access.
Where is this flex space located?
The property is located at 255 Sunset Park Dr #255 Herndon, VA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 2,224 SF flex space with office, warehouse, and retail components; 20 ft clear ceiling heights with full sprinkler system; 14' H x 12' W drive‑in bay door for loading access
More about this property
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