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Property profile & analytics
FOR LEASE
Office Spaces

10 Pidgeon Hill Dr Sterling, VA 20165

40,027 SF 2.27 ac lot Built 1985
Entity Owned 10-yr Hold Absentee Owner Free & Clear
Property ID
US87-3546111
Property summary
AI-generated overview

This exceptional 33,000 square foot mixed-use building, located at 10 Pidgeon Hill in Sterling, Virginia, presents a unique opportunity for businesses seeking versatile office space. Situated at the intersection of Route 28 and Route 7, this Class B property enjoys high visibility with over 60,000 vehicles passing daily. Built in 1987 and extensively renovated in 2014, the building offers a blend of modern amenities and classic charm. Currently, two office spaces are available, ranging from 1,450 to 2,800 square feet, perfect for businesses of various sizes. The property features a variety of office subtypes, including executive, traditional, and medical office spaces, along with retail and flex space options. Enjoy the convenience of 80 free parking spaces, controlled access for after-hours and weekend work, and on-site property management. The building boasts newly renovated common areas and bathrooms, attractive landscaping, and large windows offering picturesque pond views. Furthermore, newly remodeled suites can be customized to meet specific needs, with in-house designers available to assist with build-out requirements. The PD-OP zoning allows for a diverse range of uses. This is an ideal location for businesses seeking high visibility, convenient amenities, and flexible space options in a thriving commercial center.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1985
Construction STEEL FRAME
Total area 40,027 SF
Lot 2.27 ac (98,881 SF)
Zoning code PDH3
APN 029-49-8224-000
UPID US87-3546111
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.65M
Comparable Approach Comparable
$8.33M
Blend (final) Blend
$7.66M
Owner & transaction history
10 Pidgeon Hill Drive LLC · 10 yrs held
10 Pidgeon Hill Drive LLC
since 2015
5 recorded transactions
2015
$2.7M
2011
Price N/A
2011
$5.9M
2010
$8.1M
2008
$12.0M
Zoning & alternative use
PDH3 · Sterling, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $12.3M +26.8%
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