754 Elden StHerndon, VA 20170

Property Details for 754 Elden St

Property size (Sq ft)

138 SF

Zone code

CCD(CENTRAL COM SHOP/OFF

Property type

Office properties

Property subtype

Other office properties

APN

016-2-40-0105

APU

162400105

Description

This exceptional three-story, 18,707-square-foot Class B office building, constructed in 2006, presents a unique investment opportunity in the heart of Historic Downtown Herndon. The property boasts a prominent corner location at the intersection of Elden and Stations Streets, offering unparalleled visibility and accessibility. With one elevator servicing the building, this single building property provides convenient access for tenants and visitors. Currently, 2,378 square feet of space is available for lease, ideal for a variety of businesses. The building features high-end finishes and abundant natural light thanks to its large windows. Its strategic location provides easy access to major transportation arteries, including the Dulles Toll Road, Fairfax County Parkway, Route 28, and Washington Dulles International Airport (approximately 6.7 miles away). The surrounding area is rich with amenities, including banking institutions, diverse dining options, shopping centers, and a post office, enhancing the convenience and appeal for tenants. Adding to its desirability, the building is situated adjacent to the Washington & Old Dominion (W&OD) bike path, providing a recreational amenity for employees and visitors. This property offers a compelling combination of location, accessibility, and modern features, making it an attractive option for businesses seeking a thriving and convenient location in Herndon, Fairfax County.

• CAP approach

  CAP return

  Valuation

  6%

  $33,766

  6.5%

  $31,168

  7%

  $28,942

• Comparable approach

  Method

  Valuation

  Relative Method

  $27,592

  Geo Method

  $27,592

• Alternative Use

  Use

  Valuation

  Residential

  $38,649

  Hospitality

  $35,402

  Educational

  $29,454

  Medical

  $30,467

  Retail

  $45,817

Location Insight

City

Herndon

County

Fairfax

State

Virginia

Latitude

38.9699

Longitude

-77.3865

CBSA code

47900

CBSA name

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

Property Tax & Assessments

FAQs

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