Financial
Distress signals
Property profile

12950 Worldgate Dr Herndon, VA 20170

OFF-MARKET
Office buildings
Property ID
US87-1209580
211,996 SF 3.92 ac lot
Last sale Dec 2020 · $53,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An office property offering up to 49,375 square feet, located directly across from Worldgate Centre, which includes extensive amenities such as a full-service Marriott Hotel, Worldgate Athletic Club & Spa, a 9-screen movie theater, and a range of eateries and retail. The building has direct access to the Dulles Toll Road and is approximately four miles from Dulles International Airport. Parking is provided in a structured garage. Planned or in-progress site improvements include lobby, elevator

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$728k
Tax billed · 2024
Assessed value$42.75M
Assessed land$4.99M
Assessed improvement$37.75M
Effective rate1.70%

Value estimate

· Sep 2026
$51.30M
$46.17M – $56.43M
CAP approach$65.86M
Sales comparison$48.78M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$280/SF
ZIP average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$230 – $346
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PD-SC(PLANNED DEV SHOP CE
JurisdictionFAIRFAX

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.9
Pawn Shop11.3
Smoke and Vape Shop11.3

Location

12950 Worldgate Dr Herndon, VA 20170-6001
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
381 Elden, Herndon, VA 20170-4879 $8,850,000 Jul 2025 184,600 SF
12801 Worldgate, Herndon, VA 20170-4393 $26,200,000 Nov 2024 175,586 SF
12930 Worldgate, Herndon, VA 20170-6011 $40,000,000 Oct 2024 202,001 SF
231 Spg, Herndon, VA 20170 $67,400,000 Aug 2022 208,265 SF
570 Herndon, Herndon, VA 20170-5247 $41,250,000 Jul 2021 200,735 SF
12975 Worldgate, Herndon, VA 20170-6008 $49,801,340 Sep 2020 177,980 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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