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    299 Herndon Pkwy #106, Herndon, VA 20170

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    For Sale
    $289,000

    Apartment buildings

    Property size:
    1,000 SF
    Price / SF:
    $289/SF
    Added:
    Mar 19, 2026
    Days on Market:
    85
    Last Refresh:
    Jun 11 at 3:44 am

    Property Features for 299 Herndon Pkwy #106

    General Information

    Standard status
    Active
    Size
    1,000 SF

    Building Details

    Year Built
    1992

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    Listing Contact
    Michael C Lefevere

    Listing agent Michael C Lefevere

    Listing office WEICHERT, REALTORS

    Listing date Mar 19, 2026

    Source Evrealestate

    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

    HighLights

    • Year built: 1992
    • Central air cooling
    • Central electric heating; electric water heater

    Local Financial Insights For Apartment 5plus

    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 $30.4k $30.36
    − Vacancy −$2.0k −$2.00
    EGI $28.4k $28.36
    − OpEx −$12.8k −$12.76
    NOI $15.6k $15.60
    1,000 SF · lease $30.36/SF/yr · vacancy 6.60% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $222.8K
    $195.0K – $259.9K (±1% cap)
    NOI $15,596 @ 7.0% cap · market cap 5.40%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $313.4K
    $274.2K – $365.6K (±1% cap)
    NOI $21,938 @ 7.0% cap · market cap 7.59%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Dr. Jeffrey Cassis Alternative Medicine Practice Dr. Grace Lee Alternative Medicine Practice Farmers Insurance - Ricardo ... Insurance Agency Dr. Daniel J. ... Alternative Medicine Practice Dr. Anthony Carpenter Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Herndon
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.3710533
    Latitude
    38.9675347

    FAQs

    Where is this apartment building located?
    The property is located at 299 Herndon Pkwy #106 Herndon, VA.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: Year built: 1992; Central air cooling; Central electric heating; electric water heater
    More about this property
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