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Property profile & analytics
OFF-MARKET
Estimated value
$21,065,000
Community centers
1050 Elden St Herndon, VA 20170-3803
Entity Owned
Absentee Owner
Free & Clear
Property ID
US87-1203691
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1965
Construction
BRICK
Total area
94,759 SF
Lot
8.08 ac (351,915 SF)
Zoning code
CS(COMM SERVICES DISTRICT
APN
016-1-02-0026-A
UPID
US87-1203691
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
-
Chaatwala Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$24.37M
Blend (final)
Blend
$21.07M
Owner & transaction history
DULLES PARK SHOPPING CENTER LLC TRUST
DULLES PARK SHOPPING CENTER LLC TRUST
Zoning & alternative use
CS(COMM SERVICES DISTRICT · Herndon, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Herndon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Herndon submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$34,935,000
Current use
INDUSTRIAL (GENERAL)
$32,230,000
Change: -8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$31,635,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$21.07M
Range $18.96M – $23.17M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$222 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$351,242
Tax year 2024
Assessed value
$22,756,220
Assessed 2024
Previous assessed
$22,856,490
-0.4% YoY
Effective rate
1.54%
On assessed value
Assessed land
$14,780,430
Assessed improvement
$7,975,790
Land market value
$14,780,430
Improvement market value
$7,975,790
Total market value
$22,756,220
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1965
Construction
BRICK
Heating
ELECTRIC
Cooling
YES
Stories
1
Total area
94,759 SF
Lot
8.08 ac (351,915 SF)
Zoning code
CS(COMM SERVICES DISTRICT
APN
016-1-02-0026-A
UPID
US87-1203691
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CS(COMM SERVICES DISTRICT · Herndon, VA
Zoning CS(COMM SERVICES DISTRICT · permitted uses
CS(COMM SERVICES DISTRICT · Herndon, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Herndon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$34.9M
INDUSTRIAL (GENERAL)
Est. value
$32.2M
AUTO REPAIR, GARAGE
Est. value
$31.6M
NEIGHBORHOOD: SHOPPING CENTER Current
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Construction
BRICK
Heating
ELECTRIC
Cooling
Yes
Stories
1
Lot
8.08 ac
Current owner
From public records · entity-resolved
DULLES PARK SHOPPING CENTER LLC TRUST
Entity
Free & Clear · 0 yrs held
Mailing address
4800 HAMPDEN LN STE #800, BETHESDA, MD 20814-2956
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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