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Property profile & analytics
OFF-MARKET
Estimated value
$23,310,000
Office buildings
12851 Worldgate Dr, Herndon, VA 20170-4385
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-0084319
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Construction
CONCRETE
Total area
169,332 SF
Lot
4.51 ac (196,366 SF)
Zoning code
PD-W(PLANNED DEV-WORLDGAT
APN
016-4-02-0028-B
UPID
US87-0084319
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
-
FedEx Drop Box Postal Service Courier Service
-
Blink Charging Station Electric Vehicle Charging Station
-
WG Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$24.18M
Blend (final)
Blend
$23.31M
Owner & transaction history
Worldgate I LLC · 1 yrs held
Worldgate I LLC
since 2025
Last sale
$26.2M
6 recorded transactions
Zoning & alternative use
PD-W(PLANNED DEV-WORLDGAT · 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
Blend value · Realmo final
$23.31M
Range $20.98M – $25.64M · ±10% · vs last sale $26.20M (Nov 4 2024)
Last sale anchor
$26.20M
Nov 4 2024
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
$138 / 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
$312,275
Tax year 2024
Assessed value
$18,331,390
Assessed 2024
Previous assessed
$21,901,950
-16.3% YoY
Effective rate
1.70%
On assessed value
Assessed land
$4,013,040
Assessed improvement
$14,318,350
Land market value
$4,013,040
Improvement market value
$14,318,350
Total market value
$18,331,390
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2000
Construction
CONCRETE
Heating
OTHER
Cooling
YES
Stories
4
Total area
169,332 SF
Lot
4.51 ac (196,366 SF)
Zoning code
PD-W(PLANNED DEV-WORLDGAT
APN
016-4-02-0028-B
UPID
US87-0084319
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PD-W(PLANNED DEV-WORLDGAT · Herndon, VA
Zoning PD-W(PLANNED DEV-WORLDGAT · permitted uses
PD-W(PLANNED DEV-WORLDGAT · 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.
Building & site characteristics
From public records
Year built
2000
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
4
Lot
4.51 ac
Current owner
From public records · entity-resolved
Worldgate I LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4350 EW HWY STE #500, BETHESDA, MD 20814-4426
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2025
$26,200,000
Worldgate I LLC
Worldgate Dulles LLC
Special Warranty Deed
—
Jun 1, 2018
—
Worldgate Dulles LLC
—
Loan Modification
related
$29,400,886 · Compass Bk
Sep 5, 2017
$53,500,000
Worldgate Dulles LLC
Ia Herndon Worldgate LLC
Trustees Deed
related
$28,000,000 · Compass Bk
Jun 4, 2007
$109,000,000
Inland American Herndon Worldg
Worldgate Plaza LLC
Grant Deed
related
—
—
—
Ia Herndon Worldgate LLC
—
Loan Modification
related
—
—
—
Ia Herndon Worldgate LLC
—
Loan Modification
related
—
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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