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Property profile & analytics
OFF-MARKET Estimated value $600,000
Office Spaces

10 Pendleton St Middleburg, VA 20117-2681

2,154 SF 0.36 ac lot Built 1930
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US87-3515834
Property summary
AI-generated overview

This exceptional office space in Middleburg, Virginia, offers a variety of configurations within the prestigious Courtyard at Middleburg complex. Two suites are available for lease individually or together. Space A2+A3 totals 2,269.12 rentable square feet, while Space C offers 2,466.88 rentable square feet. Combining both suites provides a generous 4,736 rentable square feet of versatile office space. Each suite benefits from shared amenities including a convenient waiting area, a fully equipped kitchenette, a dedicated conference room, and a separate meeting room. The building features prominent building-mounted signage for enhanced visibility. The property is professionally managed and offers 24-hour full-service operation for ultimate convenience. Parking is readily available in the on-site parking garage (with 4 spaces currently available), and the building is fully handicap accessible with elevator access. The full-service rental rate is inclusive of all operating expenses, encompassing taxes, insurance, common area maintenance (CAM), janitorial services, electricity, water, and sewer. This Class A office complex, situated on Pendleton and Marshall Streets, enjoys excellent access to Middleburg's amenities and is part of a larger 12,395.58 +/- square foot multi-building complex. The property's prime location and comprehensive amenities make it an ideal choice for businesses seeking a sophisticated and efficient workspace.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1930
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,154 SF
Lot 0.36 ac (15,682 SF)
Zoning code MB:C1
APN 538-27-7512-000
UPID US87-3515834
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Massage Stop Alternative Medicine Practice Spa & Massage Center
  • Salamander Corporate Office Corporate Office Business Park
  • VIP Nails Nail Salon
  • Katherine Yeutter Counselor Practitioner Service Location
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$455k
CAP Approach CAP
$410k
Comparable Approach Comparable
$637k
Blend (final) Blend
$600k
Owner & transaction history
Mainstreet Bank · 1 yrs held
Mainstreet Bank
since 2025
7 recorded transactions
2025
$3.8M
2014
Price N/A
2013
$1.9M
2013
$2.1M
2006
Price N/A
2005
Price N/A
1969
Price N/A
Zoning & alternative use
MB:C1 · Middleburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $850,000 +34.5%
Warehouse, storage $725,000 +14.3%
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