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Property profile & analytics
FOR SALE
Office buildings
847 Sta St, Herndon, VA 20170-4609
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US87-3941204
For Sale
1 / 3
$2,500,000
847 Sta St, Herndon, VA 20170-4609
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1922
Construction
BRICK
Total area
8,234 SF
Lot
0.36 ac (15,773 SF)
Zoning code
CCD(CENTRAL COM SHOP/OFF
APN
016-2-02-0304
UPID
US87-3941204
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
-
Griffin Owens Insurance Group Insurance Agency
-
Blisworth Porta Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.79M
CAP Approach
CAP
$2.56M
Comparable Approach
Comparable
$1.89M
Blend (final)
Blend
$2.55M
Owner & transaction history
Griffin Owens And Leavitt Investmen · 4 yrs held
Griffin Owens And Leavitt Investmen
since 2022
Last sale
$2.5M
4 recorded transactions
Zoning & alternative use
CCD(CENTRAL COM SHOP/OFF · Herndon, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.7M
+62.0%
Neighborhood: shopping center
$3.0M
+31.5%
Industrial (general)
$2.8M
+21.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Herndon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Herndon submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,625,000
ML approach
$2,790,000
CAP Approach
CAP Return
Estimation
6%
$2,770,000
6.5%
$2,560,000
7%
$2,375,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,310,000
Current use
COMMERCIAL (GENERAL)
$3,740,000
Change: +62% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,035,000
Change: +32% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,800,000
Change: +21% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,750,000
Change: +19% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,415,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$2.55M
Range $2.29M – $2.80M · ±10% · vs last sale $2.50M (Apr 7 2022)
Last sale anchor
$2.50M
Apr 7 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$309 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$14,370
Tax year 2024
Assessed value
$931,020
Assessed 2024
Previous assessed
$1,062,490
-12.4% YoY
Effective rate
1.54%
On assessed value
Assessed land
$504,740
Assessed improvement
$426,280
Land market value
$504,740
Improvement market value
$426,280
Total market value
$931,020
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1922
Construction
BRICK
Heating
HOT WATER
Cooling
YES
Stories
2
Rooms
7
Bathrooms
1
Total area
8,234 SF
Lot
0.36 ac (15,773 SF)
Zoning code
CCD(CENTRAL COM SHOP/OFF
APN
016-2-02-0304
UPID
US87-3941204
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CCD(CENTRAL COM SHOP/OFF · Herndon, VA
Zoning CCD(CENTRAL COM SHOP/OFF · permitted uses
CCD(CENTRAL COM SHOP/OFF · Herndon, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Herndon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$3.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.8M
WAREHOUSE, STORAGE
Est. value
$2.4M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1922
Construction
BRICK
Heating
HOT WATER
Cooling
Yes
Stories
2
Rooms
7
Bathrooms
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Griffin Owens And Leavitt Investmen
Individual
Mailing address
PO BOX 1027, CEDAR CITY, UT 84721-0991
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2022
$2,500,000
Griffin Owens And Leavitt Investmen
847 Station Street LLC
Warranty Deed
$2,000,000 · Zb NA
Oct 7, 2016
—
847 Station Street LLC
—
Deed
related
$1,174,000 · Branch Bk&tr
—
—
847 Station Street LLC
—
Deed Of Trust
related
$1,174,000 · Branch Bk&tr
—
—
847 Station Street LLC
—
Deed Of Trust
related
$1,456,000 · Mainstreet Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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