11862 Sunrise Valley DrReston, VA 20191
- Office properties
- 1,132 SF
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
- Property subtype
- Other 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $292,459
- 6.5%
- $269,962
- 7%
- $250,679
-
Comparable approach
- Method
- Valuation
- Relative Method
- $226,332
- Geo Method
- $226,332
-
Alternative Use
- Use
- Valuation
- Residential
- $334,753
- Hospitality
- $306,632
- Educational
- $255,114
- Medical
- $263,888
- Retail
- $396,844
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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