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    FOR SALE
    Commercial real estate

    2152 Rock Hill Rd, Herndon, VA 20170

    4.41 ac lot Built 2021
    Individually Owned 6-yr Hold
    Property ID
    US87-1182835
    Property summary
    AI-generated overview

    This exceptional 4.41-acre property at 2152 Rock Hill Road, Herndon, VA, presents a unique investment opportunity. Located just one to two blocks from the Innovation Metro station, this land parcel is one of the last undeveloped sites in this rapidly growing area between Dulles Airport and Washington, D.C. The property benefits from its proximity to significant ongoing developments, including a Greystar project featuring 400 apartments under construction on an adjacent parcel, and the upcoming Rivana and Peterson Companies projects. This prime location offers unparalleled access to the burgeoning Innovation Center. The site is zoned L-2 by Fairfax County, designating it for commercial use, and is one of only two such properties within the Innovation North core area. The land comprises three parcels in Loudoun County and one in Fairfax County. The area's potential is underscored by the recent $47 million sale of the 26-acre CIT site. The nearby Rivana development at Innovation Metro Center is underway and will include a substantial retail village, Class-A office space, residential units, a hotel, a performing arts venue, and expansive public parks. This blank canvas offers developers a chance to participate in the transformative growth of this vibrant community. Adjacent land is also available, with the possibility of acquiring even more acreage. The property's strategic location and zoning make it an ideal site for a mixed-use development, capitalizing on the area's exceptional transit access and burgeoning commercial activity. Further information regarding adjacent parcels and potential expansion is available upon request.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2021
    Lot 4.41 ac (192,100 SF)
    UPID US87-1182835
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Arnold M Horowitz · 6 yrs held
    Arnold M Horowitz
    since 2020
    1 recorded transaction
    2020
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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