231 Spg St Herndon, VA 20170
Property profile & analytics
231 Spg St, Herndon, VA 20170
- Office buildings
- 208,265 SF
- 9.92 lot acres
Property ID
US87-0533147
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.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 231 Spg St
- Year built
- 1985
- Construction
- STEEL FRAME
- Lot size
- 9.92 lot acres
- Zone code
- O&L I(OFFICE &LIGHT INDUS
- Property type
- Office buildings
- APN
- 016-2-02-0177-C
- APU
- 0162020177C
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 7, 2022 | — | Gi Ets Herndon LLC | — | Deed · related | $116.4M · Helaba |
| Aug 1, 2022 | $67,400,000 | Gi Ets Herndon LLC | 460 Herndon Parkway LLC | Special Warranty Deed | — |
| Jun 28, 2021 | — | 460 Herndon Parkway LLC | — | Deed · related | $31.2M · East West Bank |
| Nov 15, 2019 | — | 460 Herndon Parkway LLC | — | Deed · related | $3.1M · East West Bk |
| May 10, 2019 | — | 460 Herndon Parkway LLC | — | Deed · related | $59M · East West Bk |
| Sep 14, 2018 | — | 460 Herndon Parkway LLC | — | Grant Deed · related | $31.2M · East West Bk |
| Sep 14, 2018 | $45,000 | Herndon Parkway LLC | 460 Herndon LLC | Grant Deed · related | — |
| Jan 22, 2013 | $35,500,000 | 460 Herndon LLC | American Fund Us Invs LP | Grant Deed · related | — |
| Dec 30, 2008 | — | American Fund Us Invs | Ivg Instl Funds Gmbh | Warranty Deed · related | — |
| Dec 8, 2005 | $44,000,000 | Immobilien-kapitalanla Oppenheim | Auda Properties | Grant Deed · related | — |
| — | — | 460 Herndon Parkway LLC | — | Loan Modification · related | $59M · East West Bk |
| — | — | 460 Herndon Parkway LLC | — | Loan Modification · related | $3.1M · East West Bk |
| — | — | 460 Herndon LLC | — | Deed Of Trust · related | $25.4M · Bank Of America |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- Off market
-
CAP approach
- CAP Return
- Estimation
- 6%
- $70,085,000
- 6.5%
- $64,695,000
- 7%
- $60,075,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $47,925,000
Market price range: $47.9M - $72.1M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $58,390,000 Current use
- COMMERCIAL (GENERAL)
- $94,600,000 Change: +62% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $76,785,000 Change: +32% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $70,840,000 Change: +21% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $69,530,000 Change: +19% Conversion: Difficult
- WAREHOUSE, STORAGE
- $61,115,000 Change: +5% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Herndon
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.3763
- Latitude
- 38.9587
- 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
$689,247
$4,815,600
$35,645,030
$40,460,630
-
$4,815,600
$35,645,030
$40,460,630
