10640 CRESTWOOD DRIVE, Manassas, VA 20109

Building Details

Year Built 1983 More

Listing Agency: Wright Realty, Inc. Show Phone

Listed By: Edward B Wright III · License VA #0225039100 Show Phone

Source: Cummingsrealtors

Added: Aug 10 Changed: Nov 12 Last Checked: Nov 12 at 8:26AM

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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 Wright Realty, Inc.

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Investment Insights

Based on property information with market context.

This 3,242-square-foot medical office suite, built in 1983, provides a practical clinical layout with seven exam rooms, a private office, kitchenette, and two bathrooms. A sauna and steam room add specialized functionality for medical, therapeutic, or wellness-oriented operations. The property carries B-1 zoning and is located at 10640 Crestwood Drive in Manassas, Virginia. Access is available near the Crestwood Drive and Sudley Road intersection, with connections to I-66 and the Prince William Parkway.

Key Highlights

• 3,242 SF medical office suite with seven exam rooms
• B‑1 zoning supports medical offices, private clinics, therapeutic services, and specialized corporate offices
• Layout includes one office, kitchenette, and two bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$43,408

Suggested Prices Based on Cap Rates

Cap Rate 5%

$868,160 $868.2K

Cap Rate 7%

$620,114 $620.1K

Cap Rate 9%

$482,311 $482.3K

What to ask about pricing

Market Conditions

NOI Build-Up for 3,242 SF

Gross rent

$67.7K $20.88/SF

− Vacancy

−$9.8K −$3.03/SF

EGI

$57.9K $17.85/SF

− OpEx

−$14.5K −$4.46/SF

NOI

$43.4K $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%

$868,160

Cap Rate 7%

$620,114

Cap Rate 9%

$482,311

Alternative Uses

Best Use

Healthcare Medical

$726.5K

$635.7K – $847.6K (±1% cap)

NOI $50,853 @ 7.0% cap

Second Best

Office B

$620.1K

$542.6K – $723.5K (±1% cap)

NOI $43,408 @ 7.0% cap

Theoretical Best

Specialty Retail

$1.80M

$1.58M – $2.10M (±1% cap)

NOI $126,049 @ 7.0% cap

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Green Castle Massage ... Spa & Massage Center

Suggested Use

Top Pick Law Firm Plumbing Service HVAC Service Daycare Center Home Appliance Store Acupuncture

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

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

1,583

Businesses Nearby

Balanced

Demand for This Use

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

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

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Frequently Asked Questions

What type of property is this?

Medical Office Space - B-1-zoned space includes seven exam rooms, a kitchenette, and two bathrooms.

Where is this medical office space located?

The property is located at 10640 CRESTWOOD DRIVE Manassas, VA.

What are key features of this property?

This property features: 3,242 SF medical office suite with seven exam rooms; B‑1 zoning supports medical offices, private clinics, therapeutic services, and specialized corporate offices; Layout includes one office, kitchenette, and two bathrooms