Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    45301 Warp Dr Sterling, VA 20166-6875

    • Office properties & Spaces
    • 91,332 SF
    • 7.70 lot acres
    OFF-MARKET
    Last Sale
    Feb 07, 2024
    Value Estimations
    $16,180,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US87-3563391
    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.

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 45301 Warp Dr

    Year built
    2000
    Construction
    STEEL FRAME
    Lot size
    7.70 lot acres
    Property size
    91,332 SF
    Zone code
    PDIP
    Property type
    Office properties & Spaces
    APN
    043-20-5453-000
    APU
    43205453000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $18,905,000
      6.5%
      $17,450,000
      7%
      $16,205,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $14,085,000
      Market price range: $5.97M - $16.1M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $24,470,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sterling
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.4302
    Latitude
    39.0112
    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
    $218,012
    $3,689,500
    $18,003,270
    $21,692,770
    -
    $3,689,500
    $18,003,270
    $21,692,770

    Comparable in this City

    • Value Estimation by Request
      3,333 SF

      23475 Rock Haven Way

      Office properties & Spaces • 3,333 SF
      23475 Rock Haven Way, Sterling, VA 20166
      View Details
    • Value Estimation by Request

      24430 Stone Spgs Blvd Ste, Unit 425

      CONDOMINIUM OFFICES
      24430 Stone Spgs Blvd Ste, Sterling, VA 20166-2271
      View Details
    • Value Estimation by Request

      23475 Rock Haven Way

      Office properties & Spaces
      23475 Rock Haven Way, Dulles, VA 20166
      View Details
    • Value Estimation by Request
      30,800 SF

      45945 Center Oak Plz

      Office properties & Spaces • 30,800 SF
      45945 Center Oak Plz, Sterling, VA 20166
      View Details
    • Value Estimation
      $41,880,000
      228,606 SF

      45194 Vantage Data Plz

      OFFICE (GENERAL) • 228,606 SF
      45194 Vantage Data Plz, Sterling, VA 20166-9606
      View Details
    • Value Estimation by Request
      530,750 SF

      43704 Efficiency Dr

      OFFICE (GENERAL) • 530,750 SF
      43704 Efficiency Dr, Sterling, VA 20166-2533
      View Details

    Similar Nearby for Sale

    • $699,900
      3,333 SF

      23475 Rock Haven Way, Sterling, VA 20166

      Office properties & Spaces • 3,333 SF
      23475 Rock Haven Way, Sterling, VA 20166
      View Details
    • $895,650
      4,265 SF

      Dulles Office Condo For Sale

      Ground floor office, 4265 sq ft, move-in ready
      23475 Rock Haven Way, Sterling, VA 20166
      View Details
    • Contact for pricing

      Sterling Office Suite - 2600 SF

      Spacious corner office, prime location, immediate occupancy.
      22375 Broderick Dr, Sterling, VA 20166
      View Details
    • $933,280

      Office Space in STERLING, VA

      Office space available for sale in STERLING, Virginia.
      23475 Rock Haven Way, Sterling, VA 20166
      View Details
    • $852,000
      1,490 SF

      Sterling Office Condo Investment

      Class A Office, 1490-2989 SF, Vacant
      21351 Gentry Dr, Sterling, VA 20166
      View Details
    • $3,500,000
      12,567 SF

      Sterling Office Building For Sale

      Office building in Sterling, Virginia, available for sale.
      1301 Moran Rd, Sterling, VA 20166
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      2,710 SF

      Sterling Office Space For Lease

      2710 sq ft, Open Floor Plan, Loudoun County
      23560 Pebble Run Pl, Sterling, VA 20166
      View Details
    • $4,468 /Mo

      Corner Office Suite For Lease

      First floor office suite with private entrance, ready for occupancy.
      22375 Broderick Dr, Sterling, VA 20166
      View Details
    • $18 SF/Yr

      Sterling Office Space For Lease

      43,720 SF office space available for lease.
      21480 Pacific Blvd, Sterling, VA 20166
      View Details
    • $22 SF/Yr

      Sterling Office Space For Lease

      15,840 square feet of office space available for lease.
      22810 Quicksilver Dr, Sterling, VA 20166
      View Details
    • Contact for pricing
      2,490 SF

      Dulles Office and Industrial Space

      Office and light industrial spaces available near Dulles Airport.
      46040 Center Oak Plz, Dulles, VA 20166
      View Details
    • Contact for pricing
      1,234 SF

      Renovated Office Buildings with Amenities

      Modern office spaces with fitness center, lake views, and amenities.
      21355 Ridgetop Cir, Sterling, VA 20166
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    45301 Warp Dr
    Sterling, VA 20166-6875
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!