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Property profile & analytics
FOR LEASE
Office Spaces

299 Herndon Pkwy 106 Herndon, VA 20170

916 SF Built 1987
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US87-0463894
Property summary
AI-generated overview

This exceptional 1,000 square foot ground-level office space in Herndon, Virginia, presents a fantastic investment opportunity. Located at the highly visible intersection of Herndon Parkway and Elden Street, this unit boasts a flexible, open floor plan, perfect for customization to suit a variety of business needs. The space includes a convenient half-bath near the entrance for added convenience. A unique skylight feature floods the interior with natural light, creating a bright and welcoming atmosphere. The property offers ample parking for employees and clients. Its prime location provides excellent visibility and accessibility, with the added benefit of proximity to Reston Hospital, approximately 1.2 miles away. This is an ideal space for a business seeking a well-located, adaptable office environment in a thriving area. The property is priced at $295,000 and offers a rare chance to acquire a versatile commercial space in a highly desirable Herndon location. The 0-acre lot is easily accessible and provides ample parking. This is a turnkey opportunity for immediate occupancy and business operations.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1987
Construction FRAME
Total area 916 SF
Zoning code CO(COMMERCIAL OFFICE)
APN 017-1-13-0106
UPID US87-0463894
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
  • Dr. Jeffrey Cassis Alternative Medicine Practice
  • Dr. Grace Lee Alternative Medicine Practice
  • Farmers Insurance - Ricardo Barriga Insurance Agency
  • Dr. Daniel J. Lee, DC, CGMP Alternative Medicine Practice Acupuncture
  • Dr. Anthony Carpenter Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Minh Nghiem · 5 yrs held
Minh Nghiem
since 2021
Last sale
$220,000
2 recorded transactions
2021
$220,000
2021
$230,000
Zoning & alternative use
CO(COMMERCIAL OFFICE) · Herndon, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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