1801 Robert Fulton DrReston, VA 20191

  • Office properties
  • 5,419 SF
For Sale
$1,500,000 View listing

Property Details for 1801 Robert Fulton Dr

Property size (Sq ft)
5,419 SF
Zone code
I-3(INDUST LIGHT INTENSIT
Property type
Office properties
Property subtype
Other office properties
APN
027-1-23-0100-A
APU
0271230100A

Description

This exceptional 1,212 square foot Class A office condo is situated on the main level of 1801 Robert Fulton Drive in Reston, Virginia. Ideally located less than a mile from the Dulles Toll Road and the Wiehle-Reston Metro Station, this property offers unparalleled convenience and accessibility. The building is also adjacent to the Washington & Old Dominion (W&OD) Trail, providing a scenic amenity for employees and visitors. The condo itself is fully furnished and equipped, including a large conference room with professional-grade equipment such as a short-throw projector and two televisions. A convenient kitchen area is also included, along with existing tables, chairs, and kitchen items that convey with the sale. Currently configured for business classes, meetings, and events, the space offers significant flexibility. It could easily be reconfigured into smaller, individual offices or conference rooms to suit a variety of business needs. The condo fee covers all utilities, common area maintenance, snow removal, and trash removal, simplifying ownership and reducing operational costs. The surrounding area boasts an abundance of dining, shopping, and business services, creating a vibrant and convenient environment. This is a truly remarkable opportunity to acquire a turnkey office space in a highly desirable Reston location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,400,031
    6.5%
    $1,292,336
    7%
    $1,200,026
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,083,475
    Geo Method
    $1,083,475
  • Alternative Use

    Use
    Valuation
    Residential
    $1,602,497
    Hospitality
    $1,467,878
    Educational
    $1,221,258
    Medical
    $1,263,258
    Retail
    $1,899,734
1801 Robert Fulton Dr, Reston, Virginia

Location Insight

City
Reston
County
Fairfax
State
Virginia
Latitude
38.9426
Longitude
-77.3246
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
$20,701
$287,210
$1,148,830
$1,436,040
-
$287,210
$1,148,830
$1,436,040

FAQs

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