2 Pidgeon Hl Dr Sterling, VA 20165-6145
This exceptional 60,000 square foot medical office building, located at 2 Pidgeon Hill Drive in Sterling, Virginia, presents a unique investment opportunity. Built in 1985 and extensively renovated in 2016, the five-story building boasts five suites, offering flexible space options ranging from 1,080 to 4,665 contiguous square feet. Currently, 10,074 square feet are available for lease, providing multiple opportunities for medical practices of various sizes. The building features ample free parking, with a ratio of 3.75 spaces per 1,000 square feet. Its convenient location offers fantastic access to Route 7 and Route 28, placing it within easy reach of a wide array of retail amenities, including hotels, banks, restaurants, entertainment venues, and a Starbucks. The property benefits from several building signage opportunities, enhancing visibility and brand recognition. On-site property management ensures efficient building operations. The building is zoned for mixed use and situated in the Sterling submarket of Loudoun County. The property's recent major upgrades and renovations, combined with its prime location and flexible space options, make it an ideal choice for medical professionals seeking a modern and convenient workspace. Several turn-key build-out options are available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PDH3 · Sterling, VACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.