300 Elden StHerndon, VA 20170

Property Details for 300 Elden St

Year built

1988

Construction

STEEL FRAME

Lot size

2.47 AC

Property size (Sq ft)

22,708 SF

Zone code

CS(COMM SERVICES DISTRICT

Property type

Retail properties

Property subtype

Community centers

APN

017-1-02-0025-B1

APU

0171020025B1

Description

This exceptional retail opportunity is located in a Class B, multi-tenant building at 300 Elden Street in Herndon, Virginia, within Fairfax County (zip code 20170). The property boasts a highly visible street-front position directly on busy Elden Street and Herndon Parkway, ensuring maximum exposure to a large volume of daily traffic. The building comprises five suites in total, with one suite currently available for lease, offering 1,840 square feet of versatile space. Ideal for a variety of retail or restaurant uses, this space presents a unique chance to establish a thriving business in a prime Herndon location. The property's location in Fairfax County provides easy access to major transportation arteries, ensuring convenient access for both employees and customers. The building's Class B designation reflects its well-maintained condition and functional layout. This is a rare opportunity to secure a prominent retail space in a thriving commercial area. The available space is ready for immediate occupancy, allowing for a swift and efficient business launch. Don't miss this chance to secure a prime retail location in Herndon, Virginia.

• CAP approach

  CAP return

  Valuation

  6%

  $8,167,575

  6.5%

  $7,539,300

  7%

  $7,000,778

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,441,399

  Geo Method

  $11,441,399

• Alternative Use

  Use

  Valuation

  Residential

  $6,359,682

  Hospitality

  $5,825,434

  Educational

  $4,846,693

  Medical

  $5,013,378

  Retail

  $7,539,300

Location Insight

City

Herndon

County

Fairfax

State

Virginia

Latitude

38.9677

Longitude

-77.3727

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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