106 Elden StHerndon, VA 20170

Property Details for 106 Elden St

Year built

1987

Construction

CONCRETE BLOCKS

Property size (Sq ft)

1,233 SF

Zone code

CO(COMMERCIAL OFFICE)

Property type

Office properties

APN

017-1-11-0024

APU

171110024

Description

This exceptional 3,086 square foot office space in Herndon, VA, presents a unique opportunity for a variety of businesses. Located in the desirable Stuart Professional Village, this property boasts a prime location at a signalized intersection of Elden Street and the Fairfax County Parkway, ensuring high visibility and easy access. The suite, a combination of two units (formerly suites 15 and 17, with 17 as the main entrance), offers a thoughtfully designed layout perfect for various office uses. Currently configured as a mental health practice, the space includes a welcoming reception and waiting area, nine private offices providing ample individual workspaces, a convenient kitchen area, a dedicated conference room for meetings and collaborations, a storage area for efficient organization, and two restrooms for staff and clients. The courtyard entrance creates a park-like setting, enhancing the professional atmosphere. Abundant non-assigned parking is available for staff and visitors. The seller will vacate the premises prior to closing, ensuring a smooth transition for the new owner. This property is ready for immediate occupancy and offers a fantastic opportunity to establish or expand your business in a highly sought-after location. The address is 106 Elden Street, Unit 29, Herndon, VA. The asking price is $729,000.

• CAP approach

  CAP return

  Valuation

  6%

  $301,689

  6.5%

  $278,482

  7%

  $258,591

• Comparable approach

  Method

  Valuation

  Relative Method

  $246,526

  Geo Method

  $246,526

• Alternative Use

  Use

  Valuation

  Residential

  $345,318

  Hospitality

  $316,310

  Educational

  $263,166

  Medical

  $272,217

  Retail

  $409,369

Location Insight

City

Herndon

County

Fairfax

State

Virginia

Latitude

38.9672

Longitude

-77.3659

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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