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    Property profile & analytics
    OFF-MARKET Estimated value $17,445,000
    Office buildings

    196 Van Buren St, Herndon, VA 20170-5346

    107,898 SF 3.6 ac lot Built 1990
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US87-1304069
    Property summary
    AI-generated overview

    This exceptional office property, located at 196 Van Buren Street in Herndon, Virginia, presents a unique opportunity for businesses seeking convenient and well-equipped workspace. Situated directly adjacent to the Herndon Metro Station, this location offers unparalleled accessibility for employees and clients utilizing public transportation. The property sits on a generous 3.6-acre lot, providing ample space and potential for future expansion or development. A significant advantage for larger tenants is the potential for prominent toll road signage, enhancing visibility and brand recognition. The building itself boasts a range of attractive amenities designed to enhance tenant comfort and productivity. These include a fully equipped conference center, ideal for meetings and presentations, and a state-of-the-art fitness center, promoting employee well-being. Furthermore, abundant free parking is available, eliminating the hassle and expense associated with parking in a high-demand area. This combination of prime location, extensive amenities, and significant parking makes this Herndon office building an exceptional investment opportunity. The property's size and location offer significant potential for a variety of businesses seeking a strategic and convenient location in the thriving Herndon market. The potential for toll road signage adds further value for businesses seeking maximum brand exposure.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1990
    Construction STEEL FRAME
    Total area 107,898 SF
    Lot 3.6 ac (156,833 SF)
    Zoning code PD-T(PLANNED DEV-TRANSIT)
    APN 016-4-02-0025-A
    UPID US87-1304069
    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
    • Brandywine Realty Trust Real Estate Agency
    • POMS Corporation (Bike/Boat/Book/etc) Store Corporate Office
    • ViON IT Consulting Firm (Bike/Boat/Book/etc) Store
    • Vision It Employment Agency
    • Capital Rail Constructors Construction Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $10.87M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $15.41M
    Blend (final) Blend
    $17.45M
    Owner & transaction history
    Germanium LLC · 3 yrs held
    Germanium LLC
    since 2022
    Last sale
    $17.8M
    5 recorded transactions
    2022
    $17.8M
    2016
    2016
    $44.5M
    2005
    $51.5M
    1969
    Zoning & alternative use
    PD-T(PLANNED DEV-TRANSIT) · Herndon, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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