Auto Shop Near Dulles
For Sale
$1,140,000
Pending
45911 TRANSAMERICA PLAZA 111, Sterling, VA 20166
Commercial property operating as an automotive repair shop for sale.
Property Size3,200 SF
Days on Market174
Property Features for 45911 TRANSAMERICA PLAZA 111
General Information
Standard status
Pending
Size
3,200 SF
Total Parking Spaces
7
Zoning
C
Taxes and HOA fees
Annual Taxes
$9,950
Amenities
Wall Unit(s), Gas
Electric Water Heater
On Street, Private
Building Details
Building Size
3,200 SF
Year Built
2006
Listing Agency:
Smart Realty, LLC
(703) 474-1111
Listed By:
Arif M Khan · License #0225201545
(703) 474-1111
Source:
Evrealestate
Added: Mar 5
Changed: Aug 23
Last Checked: Jul 27 at 2:40AM
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 Smart Realty, LLC
Investment Insights
Based on property information with market context.
This commercial property, currently operating as an automotive repair shop, is located near Dulles Airport and Route 28. The property includes 7 dedicated parking spaces. The condo fee is $575 per month. Please note that the automotive repair business and all equipment are excluded from the sale and will be sold separately. The property is tenant occupied.
Key Highlights
- Prime commercial location near Dulles Airport and Route 28.
- Currently operating as an automotive repair shop.
- 7 dedicated parking spaces.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$54,513
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,090,260
$1.1M
Cap Rate 7%
$778,757
$778.8K
Cap Rate 9%
$605,700
$605.7K
Market Conditions
NOI Build-Up for 3,200 SF
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.
Gross rent
$79.9K $24.96/SF
− Vacancy
−$2.0K −$0.62/SF
EGI
$77.9K $24.34/SF
− OpEx
−$23.4K −$7.30/SF
NOI
$54.5K $17.04/SF
Area
Loudoun County, VA
Vacancy
2.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,090,260
Cap Rate 7%
$778,757
Cap Rate 9%
$605,700
Alternative Uses
Best Use
Retail
$778.8K
$681.4K – $908.6K
NOI $54,513 @ 7.0% cap · market cap 4.78%
Second Best
Industrial
$302.3K
$264.5K – $352.7K
NOI $21,163 @ 7.0% cap · market cap 1.86%
Theoretical Best
Specialty Retail
$1.00M
$877.5K – $1.17M
NOI $70,200 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
462
Businesses Nearby
53k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 87%
Dining 12%
Home Improvements & Furnishings 1%
Wawa
Shops & Services
32,642 visits/mo
0.3 miles
7-Eleven
Shops & Services
8,570 visits/mo
0.2 miles
Dunkin' Donuts
Dining
6,359 visits/mo
0.2 miles
U-Haul
Shops & Services
2,084 visits/mo
0.5 miles
Napa Auto Parts
Shops & Services
1,232 visits/mo
0.3 miles
Demographics for 20166, VA
14,164
Population
5,300
Households
2.7
Avg Household Size
34
Median Age
66%
College-Educated
93%
High-School Grad
27.2 sq mi
ZIP Area
521
Density / Sq Mi
$135,246
Median Household Income
$71,855
Median Earnings
$2,227
Median Rent
$576,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Vic's Auto Mobile Repairs-VAMR — 2132 Maleady Dr, Herndon, VA 20170
- Dulles Park Service Center — 1098 Elden St, Herndon, VA 20170
- A+Auto Care LLC — 45911 Transamerica Plaza STE 111, Sterling, VA 20166
- EACR Auto — transamerica plaza, sterling, va 20166
- AK Automotive & Auto Body — 45911 Transamerica Plaza #110, Sterling, VA 20166
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial property operating as an automotive repair shop for sale.
Where is this auto shop located?
The property is located at 45911 TRANSAMERICA PLAZA 111 Sterling, VA.
What is the asking price?
The asking price for this property is $1,140,000.
What are key features of this property?
This property features: Prime commercial location near Dulles Airport and Route 28.; Currently operating as an automotive repair shop.; 7 dedicated parking spaces.
