Property profile

50 Catoctin Cir Leesburg, VA 20176

FOR LEASE
Other office properties
Property ID
US87-3546840
40,800 SF 2.67 ac lot Built 2002
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is configured as a network of flexible workplace solutions offering a range of office environments, including private offices and coworking spaces. The offering supports different occupancy needs, from individual desk arrangements to company-sized spaces intended for organizations with 100 or more employees, with options described as furnished and equipped. Office configurations include serviced and custom formats, with additional workspace types such as disaster recovery spaces and day offices; meeting spaces are also provided for uses including presentations, training, interviews, and board or conference meetings, with customization noted for different meeting styles. The workspace network includes virtual office services that provide business addresses and support services such as mail handling and virtual assistant call answering, along with access options to lounges and office time on a monthly basis. The overall layout is presented as adaptable, combining private office rooms, shared open-plan coworking areas, and designated desk arrangements such as reserved daily use or hot desking, and is supported by access to business lounges located across city centers, airports, and stations.

Property profile

Verified
Property type Other office properties
Use group OFFICE (GENERAL)
Year built 2002
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 40,800 SF
Lot 2.67 ac (116,305 SF)
Zoning code LB:CDD
APN 188-25-2286-000
UPID US87-3546840

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
  • Loan Service Bank
  • Alternative Medicine Practice
  • Law Firm
  • Law Firm
  • Law Firm

Location

50 Catoctin Cir Leesburg, VA 20176
Leesburg metro Census 610505 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.80M
Comparable Approach Comparable
$4.31M
Blend (final) Blend
$5.96M

Owner & transaction history

since 2019
4 recorded transactions
2019
$9.2M
2005
$9.2M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LB:CDD · Leesburg, 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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