Flex Space With Drive-In
For Sale
$865,000
255 SUNSET PARK DRIVE Unit 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$388.94
Days on Market73
Property Features for 255 SUNSET PARK DRIVE Unit 255
General Information
Standard status
Active
Size
2,224 SF
Property subtype
Industrial
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
Building Details
Building Size
2,224 SF
Year Built
1984
Listing Agency:
Tysons Realty, Inc.
Listed By:
Pauline Thompson · License #0225106914
(703) 893-6700
Source:
Kerishull
Added: Jul 30
Changed: Oct 3
Last Checked: Oct 10 at 12:51AM
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.
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
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.
Property Analytics
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Open 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
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Eric Fleischer Catering — 273 Sunset Park Dr, Herndon, VA 20170
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- 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-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 DRIVE Unit 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 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
