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Property profile & analytics
OFF-MARKET Estimated value $4,915,000
Warehouses

21750 Red Rum Dr Ashburn, VA 20147-5864

54,120 SF 18.43 ac lot Built 2001
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US87-3459828
Property summary
AI-generated overview

This exceptional 6,000 square foot flex/industrial space in Ashburn, VA, presents a unique sublease opportunity. Located at 21750 Red Rum Drive, Unit 177, this property sits on a generous 18.43-acre lot and offers a highly versatile layout ideal for a variety of businesses. The current sublease has approximately two years remaining, providing immediate occupancy and a chance to establish your operations quickly. The space is easily divisible in half, offering flexibility for businesses of varying sizes. The existing configuration includes five private offices, a spacious entry area, separate men's and women's restrooms, a sizable board/conference room, a smaller conference room perfect for intimate meetings, a convenient kitchen area, and a large open area suitable for classes, meetings, events, or gatherings. Additional features include a dedicated computer room and other adaptable spaces. A roll-up door at the rear of the building can be added, enhancing accessibility and logistical capabilities. For businesses seeking a longer-term commitment, direct negotiation of a long-term lease with the property owner, St. John Properties, is possible after the sublease term expires. This sublease is being offered with the explicit permission of the property owner. This is an exceptional opportunity to secure prime flex space in a desirable Ashburn location with significant flexibility and potential for long-term occupancy.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2001
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 54,120 SF
Lot 18.43 ac (802,811 SF)
Zoning code PDIP
APN 088-49-8610-000
UPID US87-3459828
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
  • Orkin Garden Center
  • Nachman Pools General Contractor
  • R.E. Michel Company Big Box & Wholesale Store
  • Carrier Commercial Service Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.54M
Comparable Approach Comparable
$6.81M
Blend (final) Blend
$4.92M
Owner & transaction history
Loudoun Corporate Center 2 LLC · 19 yrs held
Loudoun Corporate Center 2 LLC
since 2006
4 recorded transactions
2006
Price N/A
2006
Price N/A
2006
Price N/A
2004
$11.0M
Zoning & alternative use
PDIP · Ashburn, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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