Freestanding Office or Retail
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 Market8
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.
(703) 330-1224
Listed By:
Coleman G Rector · License #0225183392
(703) 330-1224
Source:
Kerishull
Added: Jul 29
Changed: Jul 30
Last Checked: Aug 4 at 7:59AM
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.
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
NOI $110,525 @ 7.0% cap · market cap 18.45%
Second Best
Office B
$632.0K
$553.0K – $737.3K
NOI $44,238 @ 7.0% cap · market cap 7.39%
Theoretical Best
Specialty Retail
$1.84M
$1.61M – $2.14M
NOI $128,460 @ 7.0% cap · market cap 21.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
Explore this area
Business Placement
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
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
