Flex Space with Drive-In
For Sale
$865,000
255 Sunset Park Drive # 255, Herndon, VA 20170
PD-B zoning accommodates retail and light-industrial/flex uses, with a drive-in loading bay.
Property Size2,224 SF
Price / SF$388.94
Days on Market11
Property Features for 255 Sunset Park Drive # 255
General Information
Standard status
Active
Size
2,224 SF
Zoning
PD-B
Warehouse & Industrial
Clear Height
20 ft
Mezzanine
184 SF
Drive-In Doors
1
Sprinkler System
Yes
Additional Details
Highway Access
Yes
Property Use
Flex
Taxes and HOA fees
Annual Taxes
$13,656
Amenities
Concrete
Instant Hot Water
Yes
Natural Gas
1
18' to 24'
Sunset Park
No
Adjoins - Open Space
Public
Open and reserved parking
Parking Lot
Private
2
2224.00
163690.00
Estimated
Level,paved commercial site
Building Details
Building Size
2,224 SF
Year Built
1984
Stories
1
Listing Agency:
(703) 307-3449
Listed By:
John Ginty
(571) 313-5831
Source:
Gojcfrealestate
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 4:27PM
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 John Ginty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,224-square-foot flex property combines office, warehouse, and retail space. The building has 20-foot clear ceilings, a full sprinkler system, and a 14-foot-high by 12-foot-wide drive-in door. An 184-square-foot built-in wood mezzanine provides additional space, and a five-foot hallway connects to the loading area. Interior features include gas heat, electric air conditioning, and one bathroom. The roof is five years old.
At 255 Sunset Park Drive in Herndon, the property is a 10-minute walk from Herndon Metro Station. Reston Town Center, Fairfax County Parkway, Dulles Toll Road, and Dulles Airport are also described as nearby. PD-B zoning is identified for retail and light-industrial/flex uses.
At 255 Sunset Park Drive in Herndon, the property is a 10-minute walk from Herndon Metro Station. Reston Town Center, Fairfax County Parkway, Dulles Toll Road, and Dulles Airport are also described as nearby. PD-B zoning is identified for retail and light-industrial/flex uses.
Key Highlights
- 2,224 SF office, warehouse, and retail flex space
- 20 ft clear ceiling height and full sprinkler system
- 14' H x 12' W drive‑in bay door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,997
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,219,940
$1.2M
Cap Rate 7%
$871,386
$871.4K
Cap Rate 9%
$677,744
$677.7K
Market Conditions
NOI Build-Up for 2,224 SF
Gross rent
$90.2K $40.56/SF
− Vacancy
−$3.1K −$1.38/SF
EGI
$87.1K $39.18/SF
− OpEx
−$26.1K −$11.75/SF
NOI
$61.0K $27.43/SF
Area
Fairfax County, VA
Vacancy
3.40%
Lease Rate
$40.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,219,940
Cap Rate 7%
$871,386
Cap Rate 9%
$677,744
Alternative Uses
Best Use
Warehouse
$5.71M
$4.99M – $6.66M
NOI $399,498 @ 7.0% cap · market cap 46.18%
Second Best
Industrial
$4.70M
$4.11M – $5.48M
NOI $328,999 @ 7.0% cap · market cap 38.03%
Theoretical Best
Specialty Retail
$9.32M
$8.16M – $10.88M
NOI $652,572 @ 7.0% cap · market cap 75.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
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
Explore this area
Business Placement
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 Industrial in South region
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
- Chef's Table Catering Inc — 141-2 Spring St, Herndon, VA 20170
- Silver Spoon Caterers — 348 Victory Dr, Herndon, VA 20170
Frequently Asked Questions
What type of property is this?
Flex space - PD-B zoning accommodates retail and light-industrial/flex uses, with a drive-in loading bay.
Where is this flex space located?
The property is located at 255 Sunset Park Drive # 255 Herndon, VA.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: 2,224 SF office, warehouse, and retail flex space; 20 ft clear ceiling height and full sprinkler system; 14' H x 12' W drive‑in bay door
