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Property profile & analytics
OFF-MARKET
Estimated value
$3,500,000
Office Spaces
13505 Dulles Technology Dr Ste 2a Herndon, VA 20171-3403
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-0885862
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Total area
13,714 SF
Zoning code
I-4(INDUST MEDIUM INTENSI
APN
016-3-19-C3-0002-A
UPID
US87-0885862
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
-
Nova Health Management & Research Group Medical Clinic
-
The Iyer Clinic-Herndon Medical Clinic
-
Rajeev Khanna M.D. Physician
-
Chawla Arvinder S MD Physician
-
Virginia Medical Arts Clinic Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.50M
CAP Approach
CAP
$4.26M
Comparable Approach
Comparable
$4.40M
Blend (final)
Blend
$3.50M
Owner & transaction history
Iglesia Presencia De Dios INC · 2 yrs held
Iglesia Presencia De Dios INC
since 2024
Last sale
$3.5M
5 recorded transactions
Zoning & alternative use
I-4(INDUST MEDIUM INTENSI · Herndon, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$5.1M
+36.2%
Industrial (general)
$4.7M
+25.6%
Auto repair, garage
$4.6M
+23.3%
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
$3,500,000
ML approach
$3,500,000
CAP Approach
CAP Return
Estimation
6%
$4,615,000
6.5%
$4,260,000
7%
$3,955,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,715,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$5,055,000
Change: +36% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,665,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,580,000
Change: +23% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,025,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$3.50M
Range $3.15M – $3.85M · ±10% · vs last sale $3.50M (Jan 3 2024)
Last sale anchor
$3.50M
Jan 3 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
$255 / 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
$43,432
Tax year 2024
Assessed value
$2,742,800
Assessed 2024
Previous assessed
$2,742,800
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$548,560
Assessed improvement
$2,194,240
Land market value
$548,560
Improvement market value
$2,194,240
Total market value
$2,742,800
Applied tax rate
2.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Heating
NONE
Total area
13,714 SF
Zoning code
I-4(INDUST MEDIUM INTENSI
APN
016-3-19-C3-0002-A
UPID
US87-0885862
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
I-4(INDUST MEDIUM INTENSI · Herndon, VAZoning I-4(INDUST MEDIUM INTENSI · permitted uses
I-4(INDUST MEDIUM INTENSI · Herndon, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.1M
INDUSTRIAL (GENERAL)
Est. value
$4.7M
AUTO REPAIR, GARAGE
Est. value
$4.6M
WAREHOUSE, STORAGE
Est. value
$4.0M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
Heating
NONE
Current owner
From public records · entity-resolved
Iglesia Presencia De Dios INC
Entity
Mailing address
15 OAK SHADE RD, STERLING, VA 20164-1163
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2024
$3,500,000
Iglesia Presencia De Dios INC
Mcwhorter LLC
Deed
$2,800,000 · Bank Of Clarke
Apr 10, 2009
—
Mcwhorter LLC
—
Deed Of Trust
related
$1,350,000 · Branch Banking & Trust Co
Jul 10, 2008
—
Mcwhorter LLC
—
Deed Of Trust
related
$1,800,000 · Branch Banking & Trust Co
Jun 27, 2005
$3,410,000
Mcwhorter LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Mcwhorter LLC
—
Deed Of Trust
related
$1,685,000 · Barahona Jose R Trust (pt)
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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