11260 Roger Bacon Dr Reston, VA 20190
- Office buildings
- 70,671 SF
- 2.48 lot acres
Current Use by Public Records
- Office buildings
Property Details for 11260 Roger Bacon Dr
- Year built
- 1981
- Construction
- STEEL FRAME
- Lot size
- 2.48 lot acres
- Property size
- 70,671 SF
- Zone code
- I-5(INDUSTRIAL GENERAL)
- Property type
- Office buildings
- APN
- 017-4-15-0002
- APU
- 174150002
Description
This exceptional five-story, 70,671 square foot Class B office building, located at 11260 Roger Bacon Drive in Reston, Virginia, presents a unique investment opportunity. Built in 1979 and renovated in 2005, the property boasts a flexible layout with multiple tenancy options, ranging from 1,796 square feet to a total of 12,000 square feet currently vacant. The building features a 50-foot ceiling height and ample parking with 200 spaces (a 3.6/1000 parking ratio), providing generous free parking for tenants and visitors. Conveniently situated in the Reston submarket, this property offers unparalleled access to the Wiehle Avenue Metro station (Silver Line) and the Dulles Toll Road, ensuring effortless commuting. On-site amenities include a deli and bank, enhancing convenience for occupants. The building also benefits from proximity to a wide array of retail establishments, restaurants, hotels, the W&OD bike path, and a health club. Security features include a 24-hour security camera monitoring system and key card access after hours. The building's zoning is I-5, and it sits on a 2.48-acre lot with a FAR of .65. One elevator serves the building. This is a turnkey opportunity with top-class improvements available. The property is ideally suited for traditional office, executive office, or medical office uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,560,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,250,000
- 6.5%
- $6,080,000
- 7%
- $6,220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,810,000
- Geo Method
- $7,685,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,190,000
- Retail
- $6,515,000
- Mixed-Use
- $6,685,000
- Hospitality
- $6,395,000
- Educational
- $5,885,000
- Residential Income
- $7,150,000
- Energy
- $5,865,000
- Income-Based Land
- $6,730,000
- Food Service
- $6,005,000
Location Insight
- Map
- Local Demand
- City
- Reston
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.3344
- Latitude
- 38.952
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA