Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2150 Astoria Cir Herndon, VA 20170-4051

    • Garden apartment buildings
    • 491,841 SF
    • 19.21 lot acres
    OFF-MARKET
    Last Sale
    Oct 01, 2024
    $249,992,250
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US87-1198647
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dulles Greene Gardens / Apartment Complex
    • Toll Brothers / Home Builder / Apartment Building
    • ChargePoint Charging Station / Electric Vehicle Charging Station
    • Dulles Greene Tennis Courts / Gym

    Property Details for 2150 Astoria Cir

    Year built
    2000
    Construction
    FRAME
    Lot size
    19.21 lot acres
    Property size
    491,841 SF
    Zone code
    PDH-20(RESIDENTIAL 20 DU)
    Property type
    Garden apartment buildings
    APN
    016-1-01-0005-B
    APU
    0161010005B

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      Off market
      ML approach
      Off market

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Herndon
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.414
    Latitude
    38.9679
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,480,401
    $17,690,400
    $94,588,770
    $112,279,170
    -
    $17,690,400
    $94,588,770
    $112,279,170

    Comparable in this City

    • Value Estimation
      $2,260,000
      25,164 SF

      871 Grace St, Unit 3

      GARDEN APT, COURT APT (5+ UNITS) • 25,164 SF
      871 Grace St, Herndon, VA 20170-3744
      View Details
    • Value Estimation by Request
      490,340 SF

      2149 San Moritz Cir

      GARDEN APT, COURT APT (5+ UNITS) • 490,340 SF
      2149 San Moritz Cir, Herndon, VA 20170-5962
      View Details
    • Value Estimation
      $19,235,000
      233,842 SF

      120 Laurel Way

      GARDEN APT, COURT APT (5+ UNITS) • 233,842 SF
      120 Laurel Way, Herndon, VA 20170-4407
      View Details
    • Value Estimation
      $7,275,000
      85,149 SF

      831 Locust St

      GARDEN APT, COURT APT (5+ UNITS) • 85,149 SF
      831 Locust St, Herndon, VA 20170-4946
      View Details
    • Value Estimation
      $2,245,000
      25,164 SF

      875 Grace St, Unit 2

      GARDEN APT, COURT APT (5+ UNITS) • 25,164 SF
      875 Grace St, Herndon, VA 20170-3747
      View Details
    • Value Estimation
      $4,310,000
      50,328 SF

      910 Jorss Pl

      GARDEN APT, COURT APT (5+ UNITS) • 50,328 SF
      910 Jorss Pl, Herndon, VA 20170-3438
      View Details

    Similar Nearby for Sale

    • $599,990
      1,567 SF

      Stylish Townhome-Style Condo Near Metro

      Two-bedroom condo with modern design, close to Innovation Metro Station.
      1155 Herndon Pkwy, Herndon, VA 20170
      View Details
    • $295,000
      1,000 SF

      Herndon Office Space: Prime Location

      1,000 sq ft Office, Great Location
      299 Herndon Pkwy, Herndon, VA 20170
      View Details
    • Contact for pricing

      Herndon Office Condo - Elden Street

      Prime Herndon office space, elevator access, seller financing.
      131 Elden St, Herndon, VA 20170
      View Details
    • $475,000
      1,946 SF

      Herndon Office Condo - Owner Financing

      Prime Herndon location, 1946 sq ft office condo.
      462 Herndon Pkwy, Herndon, VA 20170
      View Details
    • $821,000
      2,940 SF

      Herndon Office Space - Two Units

      Prime Herndon location, two combined office units.
      108 Elden St, Herndon, VA 20170
      View Details
    • $460,000

      Herndon Specialty Property For Sale

      Specialty property available for purchase in Herndon, Virginia.
      13306 Preuit Pl, Herndon, VA 20170
      View Details

    Similar Nearby for Lease

    • $2,200 /Mo

      Updated Herndon Apartment with Balcony

      Two-bedroom, one-bathroom apartment with updated features and balcony.
      12919 Alton Sq Sq, Herndon, VA 20170
      View Details
    • Contact for pricing
      220 SF

      Herndon Office Suites: Affordable!

      Private offices, all-inclusive rent, metro proximity.
      464 Herndon Pkwy, Herndon, VA 20170
      View Details
    • $4,500 /Mo

      Herndon Flex/Retail Space Available

      Ground-level flex/retail space in Sunset Business Park, available January 2026.
      297 Sunset Park Dr, Herndon, VA 20170
      View Details
    • New
      $3,900 /Mo
      162,479 SF

      Herndon Office Space For Lease

      Office spaces available in Herndon, Virginia, with ample parking.
      950 Herndon Pkwy, Herndon, VA 20170
      View Details
    • $21 SF/Yr
      93,129 SF

      Herndon Office Space for Lease

      Prime Herndon Office Suites Available
      423-491 Carlisle Dr, Herndon, VA 20170
      View Details
    • $550 /Mo
      871 SF

      Renovated Herndon Office Suite

      Bright, renovated office suite in Herndon, suitable for small businesses.
      722 Grant St, Herndon, VA 20170
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2150 Astoria Cir
    Herndon, VA 20170-4051
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.