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Property profile & analytics

722 Grant St Herndon, VA 20170

  • Office Properties & Spaces
  • 826 SF
For Lease
Last Sale
Jul 29, 2020
Value Estimations
$230,000
Cap Rate Potential
7.1%
Office Properties & Spaces
Location Intelligence
Property ID
US87-1173267
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

  • Major Medical / Medical Clinic
  • advansys / Consultant
  • Damoon Dental Lab / Dental Laboratory
  • Weiyu Xie, PA / Doctor
  • I-ASC / Non-Profit Organization

Property Details for 722 Grant St

Property size
826 SF
Zone code
CS(COMM SERVICES DISTRICT
Property type
Office Properties & Spaces
APN
016-2-37-0005
APU
162370005

Description

This exceptional office space, located at 722 Grant Street, Suite H, Herndon, VA 20170, offers a fantastic opportunity for businesses seeking a convenient and well-appointed location in Fairfax County. The suite is part of a two-story brick office condo building, featuring a recently renovated kitchenette and a handicapped-accessible bathroom. The entire condo has been freshly painted and boasts new flooring throughout. This particular suite offers 130 square feet of usable space, and there are additional options available within the building, ranging from individual offices renting from $550 to $775 per month, to the entire condo for $1650 per month. The building itself is a small, twelve-unit complex, providing a sense of community and privacy, yet situated near Elden Street, offering easy access to shops, restaurants, and major thoroughfares including the Fairfax County Parkway and the Dulles Toll Road. Ample parking is also available. The property's location provides both convenience and a degree of seclusion, making it an ideal choice for a variety of businesses. This traditional office space is perfect for a small business or individual professional seeking a well-maintained and conveniently located office.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $235,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $195,000
    6.5%
    $180,000
    7%
    $170,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $227,000
    Market price range: $190k - $286k
    AI Estimate
    $168,000
    Market price range: $118k - $235k

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


Location Insight

  • Map
  • Local Demand
City
Herndon
County
Fairfax
State
Virginia
Longitude
-77.3787
Latitude
38.9697
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
$3,098
$40,140
$160,580
$200,720
-
$40,140
$160,580
$200,720
More about this property
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