11862 Sunrise Valley DrReston, VA 20191

Property Details for 11862 Sunrise Valley Dr

Year built

1981

Construction

CONCRETE BLOCKS

Property size (Sq ft)

1,132 SF

Zone code

PRC(COMMERCIAL/INDUSTRIAL

Property type

Office properties

APN

017-3-11-62-0101

APU

17311620101

Description

This exceptional 1,352 square foot office space, located at 11862 Sunrise Valley Drive Unit 101 in Reston, Virginia, presents a compelling investment opportunity. Situated on the first floor, this property boasts a highly desirable location within a thriving business community. Previously used as a chiropractic office, the layout is well-suited for a variety of professional uses. The space features five private rooms, providing ample privacy for individual offices or consultation areas. A welcoming reception area and comfortable waiting area create a professional and inviting atmosphere for clients. An in-suite bathroom adds to the convenience and functionality of the space. The property also offers the potential for prominent signage, enhancing visibility and attracting potential clients. Currently occupied by a month-to-month tenant, this presents immediate income potential and flexibility for future occupancy. The property is priced at $499,000 and offers a rare chance to acquire a well-appointed office space in a prime Reston location. The absence of a large land parcel (0 acres) makes this an ideal investment for those seeking a manageable and profitable commercial property. This turnkey office space is ready for immediate occupancy or continued rental income. Don't miss this chance to own a piece of Reston's vibrant business landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $331,453

  6.5%

  $305,957

  7%

  $284,103

• Comparable approach

  Method

  Valuation

  Relative Method

  $226,332

  Geo Method

  $226,332

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $600,861

  Retail / Commercial

  $308,412

  Mixed-Use / Specialty

  $307,543

  Hospitality / Lodging

  $225,936

  Institutional / Educational

  $319,804

  Residential Income

  $374,170

  Multifamily

  $447,478

  Automotive / Energy

  $274,117

  Parking / Income-Based Land

  $94,366.20

  Restaurant / Food Service

  $160,449

  Healthcare / Senior Housing

  $315,143

Location Insight

City

Reston

County

Fairfax

State

Virginia

Latitude

38.9468

Longitude

-77.3574

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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