Technical
Financial
Distress signals
Property profile

300 Elden St Herndon, VA 20170

OFF-MARKET
Community centers
Property ID
US87-1036714
22,708 SF 2.47 ac lot Built 1988
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity is located in a Class B, multi-tenant building at 300 Elden Street in Herndon, Virginia, within Fairfax County (zip code 20170). The property boasts a highly visible street-front position directly on busy Elden Street and Herndon Parkway, ensuring maximum exposure to a large volume of daily traffic. The building comprises five suites in total, with one suite currently available for lease, offering 1,840 square feet of versatile space. Ideal for a variety of retail or restaurant uses, this space presents a unique chance to establish a thriving business in a prime Herndon location. The property's location in Fairfax County provides easy access to major transportation arteries, ensuring convenient access for both employees and customers. The building's Class B designation reflects its well-maintained condition and functional layout. This is a rare opportunity to secure a prominent retail space in a thriving commercial area. The available space is ready for immediate occupancy, allowing for a swift and efficient business launch. Don't miss this chance to secure a prime retail location in Herndon, Virginia.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1988
Construction STEEL FRAME
Total area 22,708 SF
Lot 2.47 ac (107,699 SF)
Zoning code CS(COMM SERVICES DISTRICT
APN 017-1-02-0025-B1
UPID US87-1036714

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Bakery
  • Restaurant

Location

300 Elden St Herndon, VA 20170-5601
Herndon metro Census 480802 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.77M

Owner & transaction history

since 2004
3 recorded transactions
2021
Price N/A
2004
Price N/A
1969
Price N/A

Zoning & alternative use

CS(COMM SERVICES DISTRICT · Herndon, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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