Property profile

11260 Roger Bacon Dr Reston, VA 20190

OFF-MARKET
Office buildings
Property ID
US87-0464626
70,671 SF 2.48 ac lot Built 1981
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Construction STEEL FRAME
Total area 70,671 SF
Lot 2.48 ac (107,977 SF)
Zoning code I-5(INDUSTRIAL GENERAL)
APN 017-4-15-0002
UPID US87-0464626

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Medical Clinic
  • Law Firm
  • Law Firm
  • Law Firm

Location

11260 Roger Bacon Dr Reston, VA 20190-5227
Reston metro Census 481900 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.66M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.56M

Owner & transaction history

since 2023
Last sale
$6.8M
3 recorded transactions
2023
$6.8M
2013
Price N/A
1969
Price N/A

Zoning & alternative use

I-5(INDUSTRIAL GENERAL) · Reston, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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