Medical Office Suite with Exam
10535 CRESTWOOD DRIVE #101 Manassas, VA 20109
New
For Sale
$500,000
Built in 2004, the suite includes three private exam rooms, an open exam/procedure area, and two waiting areas.
Property Size1,607 SF
Price / SF$311.14
Days on Market7
Property Features for 10535 CRESTWOOD DRIVE #101
General Information
- Standard status
- Active
- Size
- 1,607 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2004
Listing Agency:
M.O. Wilson Properties
(434) 242-2335
Listed By:
Sherry Denise Lewis · License #0225248279
(434) 242-2335
Source:
Cummingsrealtors
Added: Jul 18
Changed: Jul 24
Last Checked: Jul 24 at 1:45AM
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 M.O. Wilson Properties
Investment Insights
Based on property information with market context.
Constructed in 2004, this brick medical office suite is presented in very good condition. The interior layout includes three private exam rooms and an open exam/procedure space, along with a separate private office and a reception area. Two waiting room areas support a comfortable patient flow, and the space also features a break room with a refrigerator. There are two bathrooms, including one handicap-accessible restroom.
The suite’s finishes include carpet, ceramic tile, and engineered wood flooring. Paved parking is available, supporting client and employee access.
The unit is positioned as a practical, ready-to-occupy medical office configuration, with exam and support rooms designed for healthcare operations.
The suite’s finishes include carpet, ceramic tile, and engineered wood flooring. Paved parking is available, supporting client and employee access.
The unit is positioned as a practical, ready-to-occupy medical office configuration, with exam and support rooms designed for healthcare operations.
Key Highlights
- Commercial building built in 2004, previously used as an urgent care center
- Layout includes 3 private exam rooms and an open exam/procedure space
- Includes separate private office, reception area, and 2 waiting room areas
Financial Insights For Healthcare Medical
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 | $44.9k | $27.96 |
| − Vacancy | −$2.9k | −$1.82 |
| EGI | $42.0k | $26.14 |
| − OpEx | −$16.8k | −$10.46 |
| NOI | $25.2k | $15.69 |
1,607 SF · lease $27.96/SF/yr · vacancy 6.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$360.1K
$315.1K – $420.1K
NOI $25,207 @ 7.0% cap · market cap 5.04%
Second Best
Office B
$307.4K
$269.0K – $358.6K
NOI $21,517 @ 7.0% cap · market cap 4.30%
Theoretical Best
Specialty Retail
$892.6K
$781.0K – $1.04M
NOI $62,480 @ 7.0% cap · market cap 12.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dr. Kavoos N. ...
Physician
Advance Clinic
Medical Clinic
Cabinet-Direct.com
Hardware & Home Improvement
Similar Off Market Nearby
- Banfield Pet Hospital — 8079 Sudley Rd, Manassas, VA 20109
- Battlefield Animal Clinic — 8138 Sudley Rd, Manassas, VA 20109
- Manassas Animal Hospital — 8209 Sudley Rd Unit 105, Manassas, VA 20109
FAQs
What type of property is this?
Medical Office Space - Built in 2004, the suite includes three private exam rooms, an open exam/procedure area, and two waiting areas.
Where is this medical office space located?
The property is located at 10535 CRESTWOOD DRIVE #101 Manassas, VA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Commercial building built in 2004, previously used as an urgent care center; Layout includes 3 private exam rooms and an open exam/procedure space; Includes separate private office, reception area, and 2 waiting room areas
