Herndon, VA 20171

  • Garden apartment buildings
  • 234,642 SF
Off market

Property Details

Lot size
3.49 AC
Property size (Sq ft)
234,642 SF
Zone code
PDC(PLANNED DEV COMMERCIA
Property type
Garden apartment buildings
APN
015-4-05-0002-B
APU
0154050002B

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $77,154,100
    6.5%
    $71,219,200
    7%
    $66,132,100
  • Comparable approach

    Method
    Valuation
    Relative Method
    $54,889,800
    Geo Method
    $54,889,800
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $112,987,000
    Retail / Commercial
    $58,338,100
    Mixed-Use / Specialty
    $58,444,500
    Hospitality / Lodging
    $43,288,200
    Office
    $58,424,800
    Institutional / Educational
    $60,871,100
    Multifamily
    $83,673,600
    Automotive / Energy
    $52,175,200
    Parking / Income-Based Land
    $17,694,400
    Restaurant / Food Service
    $31,068,400
    Healthcare / Senior Housing
    $59,611,400

Location Insight

City
Herndon
County
Fairfax
State
Virginia
Latitude
38.9567
Longitude
-77.4173
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
$763,391
$9,072,000
$48,826,430
$57,898,430
-
$9,072,000
$48,826,430
$57,898,430

FAQs

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Please email our support team at [email protected] and they will add the team member.
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How can I contact the broker?
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