This exceptional 7,928-square-foot office space is located at 1892 Preston White Drive in Reston, Virginia, within Fairfax County. The property is a three-story Class B building constructed in 1986 and features a single-tenant occupancy. The space comprises the entire top floor and offers a versatile floor plan including large conference rooms, expansive open office areas, and private offices, perfect for a variety of business needs. Additional amenities include a break room, file room, and two restrooms. Convenient elevator access is provided. Ample surface parking is available on-site. The property is zoned I-3 (light intensity industrial), making it suitable for professional office, research and development, medical office, or training facilities. Its prime location offers easy access to key transportation hubs: approximately one mile from the Wiehle-Reston East Metro Station, 2.5 miles from Reston Town Center, and six miles from Dulles International Airport. The lease is a full-service agreement, with the tenant responsible for cleaning and liability insurance.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$6,495,584
6.5%
$5,995,924
7%
$5,567,644
Comparable approach
Method
Valuation
Relative Method
$5,026,892
Geo Method
$5,026,892
Alternative Use
Use
Valuation
Residential
$7,434,946
Hospitality
$6,810,370
Educational
$5,666,148
Medical
$5,861,016
Retail
$8,814,009
Location Insight
City
Reston
County
Fairfax
State
Virginia
Latitude
38.9428
Longitude
-77.3286
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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