Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$16,775,000
Hotels
2520 Wasser Ter Herndon, VA 20171-6177
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1013457
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Total area
203,274 SF
Lot
4.49 ac (195,706 SF)
Zoning code
PDC(PLANNED DEV COMMERCIA
APN
015-4-01-0013-D1
UPID
US87-1013457
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
-
Padella Italian Dulles Restaurant
-
The Westin Washington Dulles Airport Hotel & Motel
-
Encore IT Consulting Firm Tech Support Center
-
Daughters of the King Association / Organization
-
Westin Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.78M
Owner & transaction history
Brentwood Dulles Corner LLC · 19 yrs held
Brentwood Dulles Corner LLC
since 2006
7 recorded transactions
Zoning & alternative use
PDC(PLANNED DEV COMMERCIA · Herndon, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$83 / 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
$432,835
Tax year 2024
Assessed value
$27,334,060
Assessed 2024
Previous assessed
$23,199,890
+17.8% YoY
Effective rate
1.58%
On assessed value
Assessed land
$8,484,000
Assessed improvement
$18,850,060
Land market value
$8,484,000
Improvement market value
$18,850,060
Total market value
$27,334,060
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
Hotels
Use group
HOTEL
Status
Off-Market
Heating
NONE
Stories
8
Total area
203,274 SF
Lot
4.49 ac (195,706 SF)
Zoning code
PDC(PLANNED DEV COMMERCIA
APN
015-4-01-0013-D1
UPID
US87-1013457
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PDC(PLANNED DEV COMMERCIA · Herndon, VA
Zoning PDC(PLANNED DEV COMMERCIA · permitted uses
PDC(PLANNED DEV COMMERCIA · Herndon, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Herndon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Stories
8
Lot
4.49 ac
Current owner
From public records · entity-resolved
Brentwood Dulles Corner LLC
Entity
Mailing address
60 POINTE CIR, GREENVILLE, SC 29615-3568
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2019
—
Brentwood Dulles Corner LLC
—
Deed
related
$32,000,000 · South St Bk
Jan 24, 2017
—
Brentwood Dulles Corner LLC
—
Loan Modification
related
$67,200,000 · Wells Fargo Bk
Sep 10, 2014
—
Brentwood Dulles Corner LLC
—
Loan Modification
related
$67,200,000 · Wells Fargo Bk
Feb 1, 2013
—
Brentwood Dulles Corner LLC
—
Deed Of Trust
related
$60,012,227 · Wells Fargo Bank
Jun 13, 2008
—
Brentwood Dulles Corner LLC
—
Deed Of Trust
related
$61,475,000 · Wachovia Bank NA
Aug 25, 2006
$9,462,075
Brentwood Dulles Corner LLC
Dulles View Property B1 LLC
Deed Of Trust
related
$5,725,000 · Wachovia Bank NA
—
—
Brentwood Dulles Corner LLC
—
Deed Of Trust
related
$32,000,000 · South St Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2520 Wasser Ter?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
