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Property profile & analytics
OFF-MARKET
Estimated value
$52,755,000
Medical Office Space
2291 Wood Oak Dr Herndon, VA 20171-6006
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1871397
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Total area
239,885 SF
Lot
6.15 ac (267,951 SF)
Zoning code
I-4(INDUST MEDIUM INTENSI
APN
016-3-11-0006-F
UPID
US87-1871397
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
-
GovWin (Bike/Boat/Book/etc) Store Corporate Office
-
Blink Charging Station Electric Vehicle Charging Station
-
Windward Consulting Group Business Management Consultant
-
K12 Insight Corporate Office Business Park
-
Deltek, Inc. (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$52.76M
CAP Approach
CAP
$67.25M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$52.76M
Owner & transaction history
Woodland Park Operator LLC · 1 yrs held
Woodland Park Operator LLC
since 2024
Last sale
$52.8M
5 recorded transactions
Zoning & alternative use
I-4(INDUST MEDIUM INTENSI · Herndon, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$51.8M
+461.6%
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 Herndon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Herndon 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
$52,755,000
ML approach
$52,755,000
CAP Approach
CAP Return
Estimation
6%
$72,850,000
6.5%
$67,250,000
7%
$62,445,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$51,840,000
Change: +462% · Conversion: Easy
Blend value · Realmo final
$52.76M
Range $47.48M – $58.03M · ±10% · vs last sale $52.75M (Oct 1 2024)
Last sale anchor
$52.75M
Oct 1 2024
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
$220 / 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
$442,729
Tax year 2024
Assessed value
$30,230,720
Assessed 2024
Previous assessed
$30,230,720
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$5,037,590
Assessed improvement
$25,193,130
Land market value
$5,037,590
Improvement market value
$25,193,130
Total market value
$30,230,720
Applied tax rate
2.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Heating
NONE
Stories
6
Total area
239,885 SF
Lot
6.15 ac (267,951 SF)
Zoning code
I-4(INDUST MEDIUM INTENSI
APN
016-3-11-0006-F
UPID
US87-1871397
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
I-4(INDUST MEDIUM INTENSI · Herndon, VAZoning I-4(INDUST MEDIUM INTENSI · permitted uses
I-4(INDUST MEDIUM INTENSI · Herndon, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$51.8M
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Stories
6
Lot
6.15 ac
Current owner
From public records · entity-resolved
Woodland Park Operator LLC
Entity
Mailing address
11517 LK POTOMAC DR STE #2100, POTOMAC, MD 20854-1220
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2024
—
Woodland Park Operator LLC
Cooperative Way Metro Owner LLC
Deed In Lieu Of Foreclosure
related
—
Apr 1, 2019
—
Cooperative Way Metro Owner Ll
—
Grant Deed
related
$134,071,541 · Linda J Rehak
Dec 21, 2018
$52,754,310
2291 Wood Oak Metro Owner LLC
Boi Herndon Trust
Grant Deed
—
Aug 2, 2004
—
Poi-herndon Trust
—
Deed Of Trust
related
$31,000,000 · Massachusetts Mutual Life Ins
Jun 18, 2004
$10
Poi-herndon Trust
Prentiss Props Acquisition Ptrs
Grant Deed
related
—
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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