Three-Level Office Condo
For Sale
$697,000
3-11250 Roger Bacon Dr, Reston, VA 20190
Three-level office condo with a balcony overlooking a courtyard and multiple privacy-oriented offices.
Property Size3,000 SF
Price / SF$232.33
Days on Market428
Property Features for 3-11250 Roger Bacon Dr
General Information
Standard status
Active
Size
3,000 SF
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$8,826
Building Details
Stories
3
Listing Agency:
Doorstep Property Management, LLC
Listed By:
David H Sande
(703) 860-1500
Source:
Exprealty
Added: Aug 14, 2025
Changed: Oct 8
Last Checked: Oct 15 at 1:13AM
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 Doorstep Property Management, LLC
Investment Insights
Based on property information with market context.
Rare opportunity to acquire an office condo building near the Metro stop (Reston-Wiehle). The property is a three-level structure totaling nearly 3,000 square feet and includes a balcony that overlooks a courtyard.
Inside, the building offers multiple offices designed for privacy. Its layout is well suited for renting individual offices or taking larger portions, including entire floors, depending on tenant needs.
Access is straightforward to major roadways, including Dulles Access Road, Dulles Toll Road, Route 7, and Fairfax County Parkway. The surrounding area also provides extensive nearby amenities, including restaurants, services, housing, and shopping.
Inside, the building offers multiple offices designed for privacy. Its layout is well suited for renting individual offices or taking larger portions, including entire floors, depending on tenant needs.
Access is straightforward to major roadways, including Dulles Access Road, Dulles Toll Road, Route 7, and Fairfax County Parkway. The surrounding area also provides extensive nearby amenities, including restaurants, services, housing, and shopping.
Key Highlights
- Three‑level office condo with almost 3,000 sq ft and a balcony overlooking a courtyard
- Multiple privacy‑oriented office spaces with office layout that can support renting individual offices or entire floors
- Easy access to main roads including Dulles Access Road, Dulles Toll Road, Route 7, and Fairfax County Parkway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,789
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,135,780
$1.1M
Cap Rate 7%
$811,271
$811.3K
Cap Rate 9%
$630,989
$631.0K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$88.6K $29.52/SF
− Vacancy
−$12.8K −$4.28/SF
EGI
$75.7K $25.24/SF
− OpEx
−$18.9K −$6.31/SF
NOI
$56.8K $18.93/SF
Area
Fairfax County, VA
Vacancy
14.50%
Lease Rate
$29.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,135,780
Cap Rate 7%
$811,271
Cap Rate 9%
$630,989
Alternative Uses
Best Use
Office B
$811.3K
$709.9K – $946.5K
NOI $56,789 @ 7.0% cap · market cap 8.15%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$12.58M
$11.00M – $14.67M
NOI $880,268 @ 7.0% cap · market cap 126.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,118
Businesses Nearby
Explore this area
Business Placement
Demographics for 20190, VA
20,957
Population
12,180
Households
1.7
Avg Household Size
40
Median Age
72%
College-Educated
96%
High-School Grad
4.4 sq mi
ZIP Area
4,763
Density / Sq Mi
$126,928
Median Household Income
$83,750
Median Earnings
$2,241
Median Rent
$568,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Three-level office condo with a balcony overlooking a courtyard and multiple privacy-oriented offices.
Where is this office units located?
The property is located at 3-11250 Roger Bacon Dr Reston, VA.
What is the asking price?
The asking price for this property is $697,000.
What are key features of this property?
This property features: Three‑level office condo with almost 3,000 sq ft and a balcony overlooking a courtyard; Multiple privacy‑oriented office spaces with office layout that can support renting individual offices or entire floors; Easy access to main roads including Dulles Access Road, Dulles Toll Road, Route 7, and Fairfax County Parkway
