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Property profile & analytics
OFF-MARKET
Estimated value
$2,320,000
Office Spaces
20931 Ashburn Rd Ashburn, VA 20147-5745
Entity Owned
8-yr Hold
Free & Clear
Property ID
US87-3447441
Property summary
AI-generated overview
This exceptional Class A commercial property, located at 20931 Ashburn Rd in historic Ashburn, Virginia, offers 12,072 square feet of versatile space. Currently configured as a multi-tenant building with one suite, it features a mix of retail and office uses, ideal for a variety of businesses. The building boasts two stories and includes an elevator for convenient access. Currently, 2,079 square feet are available for lease. The property's zoning is Rural Commercial (RC), allowing for diverse uses including medical offices, retail establishments, and recreational instruction facilities such as yoga studios, gyms, and dance studios. Situated in a neighborhood office and retail center, this location provides excellent visibility and accessibility. The building's size and zoning make it a prime opportunity for businesses seeking a well-located, adaptable space in the thriving Ashburn community. The property is located in Loudoun County, VA, zip code 20147. This is a rare opportunity to secure a prominent space in a desirable location. Inquire today to learn more about leasing options and explore the possibilities this property offers.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2022
Total area
12,588 SF
Lot
0.92 ac (40,075 SF)
Zoning code
RC
APN
086-46-5649-000
UPID
US87-3447441
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
-
Meade's Heating and Air HVAC Service General Contractor
-
Loudoun Psychotherapy and Counseling Services Crisis Center Medical Clinic
-
Amy Aesthetics and Wellness Spa & Massage Center Alternative Medicine Practice
-
Pixel Dose SEO Marketing & Advertising
-
Upstream Rehabilitation Rehabilitation Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.41M
Comparable Approach
Comparable
$2.09M
Blend (final)
Blend
$2.32M
Owner & transaction history
New Prop Assoc LLC · 8 yrs held
New Prop Assoc LLC
since 2018
7 recorded transactions
Zoning & alternative use
RC · Ashburn, 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 Ashburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashburn 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%
$2,605,000
6.5%
$2,405,000
7%
$2,235,000
Blend value · Realmo final
$2.32M
Range $2.09M – $2.55M · ±10%
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
$184 / 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
$28,913
Tax year 2024
Assessed value
$3,342,600
Assessed 2024
Previous assessed
$3,319,550
+0.7% YoY
Effective rate
0.86%
On assessed value
Assessed land
$440,800
Assessed improvement
$2,901,800
Land market value
$440,800
Improvement market value
$2,901,800
Total market value
$3,342,600
Applied tax rate
19.0000
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
OFFICE (GENERAL)
Status
Off-Market
Year built
2022
Heating
FORCED AIR
Stories
2
Rooms
8
Bathrooms
2
Total area
12,588 SF
Lot
0.92 ac (40,075 SF)
Zoning code
RC
APN
086-46-5649-000
UPID
US87-3447441
Jurisdiction
LOUDOUN
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RC · Ashburn, VA
Zoning RC · permitted uses
RC · Ashburn, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ashburn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2022
Heating
FORCED AIR
Stories
2
Rooms
8
Bathrooms
2
Lot
0.92 ac
Current owner
From public records · entity-resolved
New Prop Assoc LLC
Entity
Free & Clear · 8 yrs held
Mailing address
44632 GUILFORD DR STE #114, ASHBURN, VA 20147-6004
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2024
—
New Property Assoc LLC
—
Deed
related
$2,000,000 · United Bank
May 31, 2018
$1,085,000
New Prop Assoc LLC
20931 Ashburn Road LLC
Grant Deed
—
Dec 10, 2015
—
20931 Ashburn Road LLC
Land & Lot LLC
Warranty Deed
related
—
Nov 16, 2012
$615,000
Land & Lot LLC
Pazekian,reza
Grant Deed
—
Dec 17, 2009
$800,000
Reza Pazekian
Washington Savings Bk Fsb
Grant Deed
$400,000 · Washington Savings Bank
Oct 29, 2009
$650,000
Washington Savings Bank Fsb
Corish Joseph P
Trustees Deed
related
—
Aug 31, 2006
$11,000,000
Shawn Sohrabian
James J Stakem
Warranty Deed
$825,000 · The Washington Savings Ba
Aug 20, 2003
$500,000
Stakem James
M M Hutchison
Grant Deed
$110,000 · Middleburg Bank
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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