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Freestanding Office or Retail Building
New
For Sale
$599,000

101 WEST MARSHALL STREET, Remington, VA 22734

Freestanding building with a large open porch on a small commercial lot, suited for office or retail uses.

Property Size3,304 SF
Lot Size0.36 Acres
Price / SF$181.30
Days on Market3

Property Features for 101 WEST MARSHALL STREET

General Information

Standard status Active
Size 3,304 SF
Lot size 0.36 Acres
Property subtype Office

Additional Details

Opportunity Zone Yes
Highway Access Yes

Building Details

Building Size 3,304 SF
Year Built 1962
Buildings 1
Listing Agency: Weber Rector Commerical Real Estate Services, Inc.
Listed By: Coleman G Rector · License #0225183392
Source: Kerishull
Added: Jul 29 Changed: Jul 30 Last Checked: Jul 31 at 11:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weber Rector Commerical Real Estate Services, Inc.

Investment Insights

Based on property information with market context.

This freestanding commercial building offers a versatile layout for office or retail operations. At 3,304 SF, the interior configuration is supported by a large open porch designed to enhance customer interaction or display space. The standalone structure sits on a 0.36-acre site and provides convenient access within town limits.

Centrally located in Remington, the property is set in a walkable area surrounded by local shops and services. Access is supported by nearby connections to Rt. 28 and U.S. 29, providing direct routes to Bealeton, Warrenton, and Culpeper. The building was constructed in 1962.

The property is located in a designated Opportunity Zone.

Key Highlights

  • 3,304 SF freestanding commercial building on 0.36 acres
  • Versatile layout for office or retail operations
  • Large open porch for customer interaction or display space

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $69.0k $20.88
− Vacancy −$10.0k −$3.03
EGI $59.0k $17.85
− OpEx −$14.7k −$4.46
NOI $44.2k $13.39
3,304 SF · lease $20.88/SF/yr · vacancy 14.50% · expense 25.00%

Alternative Uses

Best Use
Retail
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,525 @ 7.0% cap · market cap 18.45%
Second Best
Office B
$632.0K
$553.0K – $737.3K (±1% cap)
NOI $44,238 @ 7.0% cap · market cap 7.39%
Theoretical Best
Specialty Retail
$1.84M
$1.61M – $2.14M (±1% cap)
NOI $128,460 @ 7.0% cap · market cap 21.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Waterline Aquatics General Contractor Genesis Construction Group General Contractor Millview Motor Company ... Car Dealership Genesis Restoration, LLC Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Auto Parts Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

136
Businesses Nearby

Demographics for 22734, VA

3,470
Population
1,422
Households
2.4
Avg Household Size
35
Median Age
23%
College-Educated
84%
High-School Grad
35.8 sq mi
ZIP Area
97
Density / Sq Mi
$81,545
Median Household Income
$40,903
Median Earnings
$1,387
Median Rent
$361,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Freestanding building with a large open porch on a small commercial lot, suited for office or retail uses.
Where is this office building located?
The property is located at 101 WEST MARSHALL STREET Remington, VA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 3,304 SF freestanding commercial building on 0.36 acres; Versatile layout for office or retail operations; Large open porch for customer interaction or display space
More about this property
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