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    1323 Shepard Dr Sterling, VA 20164

    Sponsored
    For Lease
    $15 SF/Yr ($5,000 /Mo)

    Versatile Warehouse/Office Units in Sterling, VA

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional two-story flex space condo in Sterling, Virginia offers 4,000 square feet of adaptable space, divisible into two 2,000-square-foot units. Each floor boasts a 12-foot ceiling height, its own secure entrance, and is climate-controlled with heating and air conditioning. Currently configured with multiple offices and a bathroom on each level, the space is easily adaptable to a variety of uses, from warehouse storage to office space or even classrooms. A convenient drive-in door enhances loading and unloading efficiency. The property is zoned PD-IP and is ideally situated near Sterling Boulevard, Route 28, and the Dulles Toll Road, providing easy access to major transportation arteries. The location also offers proximity to a variety of shops and restaurants. This prime location and flexible layout make this property an excellent investment opportunity. The building has a total of two suites.

    Property Features for 1323 Shepard Dr

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF
    Total Rate
    5000

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    First Floor
    Size
    2,000 SF
    Rate per SF
    $15
    Space
    Second Floor
    Size
    2,000 SF
    Rate per SF
    $15
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sterling
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.4223573
    Latitude
    38.9938364

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    FAQs

    What type of property is this?
    Flex space - Versatile Warehouse/Office Units in Sterling, VA
    Where is this flex space located?
    The property is located at 1323 Shepard Dr Sterling, VA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    Request Owner's contact information
    1323 Shepard Dr Sterling, VA 20164
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    Sterling, VA 20164
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1323 Shepard Dr Sterling, VA 20164
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