Office Unit with Hardwood
10521 Crestwood #201, Manassas, VA 20109
For Sale
New
$294,900
Pending
A second-floor corner suite offers natural light and B1 zoning for business use.
Property Size1,505 SF
Days on Market4
Property Features for 10521 Crestwood #201
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Highway Access
Public Transit
Additional Details
Floor
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
The Vasquez Group LLC
Listed By:
Maria L Vasquez · License VA #0225086390
(571) 334-5118
Source:
Johnstonrhodesrealestate
Added: Nov 11
Last Checked: Nov 13 at 11:25AM
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 The Vasquez Group LLC
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Investment Insights
Based on property information with market context.
This 1,505-square-foot office unit occupies a second-floor corner position in a building constructed in 2003. Hardwood flooring runs throughout, and the corner placement brings natural light into the space. The property is zoned B1.
Shopping, dining, and bus stops are within walking distance. The suite is approximately 1.5 miles from I-66 and near Business Route 234 and Crestwood Drive.
Shopping, dining, and bus stops are within walking distance. The suite is approximately 1.5 miles from I-66 and near Business Route 234 and Crestwood Drive.
Key Highlights
- 1,505‑square‑foot second‑floor office unit
- Corner position with natural light
- Hardwood flooring throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,151
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,020
$403.0K
Cap Rate 7%
$287,871
$287.9K
Cap Rate 9%
$223,900
$223.9K
Market Conditions
NOI Build-Up for 1,505 SF
Gross rent
$31.4K $20.88/SF
− Vacancy
−$4.6K −$3.03/SF
EGI
$26.9K $17.85/SF
− OpEx
−$6.7K −$4.46/SF
NOI
$20.2K $13.39/SF
Area
Manassas Park County, VA
Vacancy
14.50%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,020
Cap Rate 7%
$287,871
Cap Rate 9%
$223,900
Alternative Uses
Best Use
Office B
$287.9K
$251.9K – $335.9K
NOI $20,151 @ 7.0% cap · market cap 6.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$835.9K
$731.4K – $975.2K
NOI $58,514 @ 7.0% cap · market cap 19.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,583
Businesses Nearby
Explore this area
Business Placement
Demographics for 20109, VA
43,849
Population
15,673
Households
2.8
Avg Household Size
32
Median Age
35%
College-Educated
83%
High-School Grad
23.8 sq mi
ZIP Area
1,842
Density / Sq Mi
$88,966
Median Household Income
$44,306
Median Earnings
$1,928
Median Rent
$411,700
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Manassas, VA
Properties on Market for Office Units in Manassas
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A second-floor corner suite offers natural light and B1 zoning for business use.
Where is this office unit located?
The property is located at 10521 Crestwood #201 Manassas, VA.
What is the asking price?
The asking price for this property is $294,900.
What are key features of this property?
This property features: 1,505‑square‑foot second‑floor office unit; Corner position with natural light; Hardwood flooring throughout
