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    Property profile & analytics

    12220 Sunrise Valley Dr Reston, VA 20191

    • Office buildings
    • 85,025 SF
    • 2.73 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US87-0617540
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 12220 Sunrise Valley Dr

    Year built
    2001
    Construction
    STEEL FRAME
    Lot size
    2.73 lot acres
    Property size
    85,025 SF
    Zone code
    I-4(INDUST MEDIUM INTENSI
    Property type
    Office buildings
    APN
    017-3-08-0005-A
    APU
    0173080005A

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $12,705,000
      Market price range: $12.7M - $33.7M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Reston
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.3673
    Latitude
    38.9511
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $91,152
    $3,036,310
    $2,994,280
    $6,030,590
    -
    $3,036,310
    $2,994,280
    $6,030,590

    Comparable in this City

    • Value Estimation
      $18,525,000
      142,244 SF

      12355 Sunrise Vly Dr

      OFFICE BUILDING • 142,244 SF
      12355 Sunrise Vly Dr, Reston, VA 20191-3467
      View Details
    • Value Estimation
      $7,540,000
      51,237 SF

      1891 Preston White Dr

      OFFICE BUILDING • 51,237 SF
      1891 Preston White Dr, Reston, VA 20191-4326
      View Details
    • Value Estimation
      $9,815,000
      75,564 SF

      1835 Alexander Bell Dr

      OFFICE BUILDING • 75,564 SF
      1835 Alexander Bell Dr, Reston, VA 20191-5466
      View Details
    • Value Estimation
      $36,500,000
      71,890 SF

      1851 Alexander Bell Dr

      OFFICE BUILDING • 71,890 SF
      1851 Alexander Bell Dr, Reston, VA 20191-4391
      View Details
    • Value Estimation
      $15,655,000
      99,509 SF

      10803 Parkridge Blvd

      OFFICE BUILDING • 99,509 SF
      10803 Parkridge Blvd, Reston, VA 20191-4335
      View Details
    • Value Estimation by Request
      285,599 SF

      12310 Sunrise Vly Dr

      OFFICE BUILDING • 285,599 SF
      12310 Sunrise Vly Dr, Reston, VA 20191-3414
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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    • $7,500,000

      Reston Office Building For Sale

      Well-maintained Reston office building with ample parking and modern amenities.
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    • Contact for pricing
      2.15 Acres

      Reston Office Space For Lease

      Prime Reston location, 2359 sq ft, $25/SF/year.
      1890 Preston White Dr, Reston, VA 20191
      View Details
    • Contact for pricing
      4.51 Acres

      Reston Office Space: Campus Commons Drive

      Prime Reston Office, Multiple Suites Available
      1875 Campus Cmns Dr, Reston, VA 20191
      View Details
    • Contact for pricing
      7.60 Acres

      Reston Office Building - 7.6 Acres

      Modern Flex Space, Prime Reston Location
      12350 Pinecrest Rd, Reston, VA 20191
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Reston Office Building For Lease

      Office building in Reston's commercial district, near Dulles Access.
      1950 Roland Clarke Pl, Reston, VA 20191
      View Details
    • Contact for pricing
      19,928 SF

      Reston Flex Building For Lease

      Two-story flex building with office-like exterior on Sunrise Valley.
      11600 Sunrise Valley Dr, Reston, VA 20191
      View Details
    • Contact for pricing
      83,934 SF

      Reflective Glass Office Building

      Six-story office building with lake view available for lease.
      12220 Sunrise Valley Dr, Reston, VA 20191
      View Details
    • $26 SF/Yr
      38,348 SF

      Renovated Office Building in Reston

      Newly renovated office building with modern amenities and convenient location.
      1800 Alexander Bell Dr, Reston, VA 20191
      View Details
    • $29 SF/Yr
      126,360 SF

      Modern Office Building in Reston

      Strategically located office space with superior Toll Road signage.
      10780 Parkridge Blvd, Reston, VA 20191
      View Details
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    Reston, VA 20191
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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