Manassas Automotive/Industrial Space
For Sale
Contact for pricing
9107-9109 Mathis Ave, Manassas, VA
Automotive/Industrial space for rent in Manassas, available immediately.
Property Size8,800 SF
Lot Size0.77 Acres
Price / SF$636.36
Days on Market1324
Property Features for 9107-9109 Mathis Ave
General Information
Standard status
Active
Size
8,800 SF
Lot size
0.77 Acres
Property subtype
INDUSTRIAL
Properties For Sale
at 9107-9109 Mathis Ave Contact us- Size
- 8,800 SF
- Type
- INDUSTRIAL
- Availability
- AVAILABLE, Now
- Sublease
- No
9107 - 9109 Mathis Ave
- Automotive user wanted
- By right use
- Available immediately
Contact us
Listing Agency:
Coldwell Banker Commercial Elite
(540) 786-1402
Listed By:
Carl Braun
(540) 842-7551
Source:
Moodyscre
Added: Jan 18, 2023
Changed: Sep 3
Last Checked: Sep 2 at 8:22PM
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 Coldwell Banker Commercial Elite
Investment Insights
Based on property information with market context.
This 8,800 square foot property located on Mathis Avenue in Manassas, Virginia, is suitable for automotive or industrial use. The property is available immediately and is offered for rent.
Key Highlights
- Automotive user wanted
- By right use
- Available immediately
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$294,375
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,887,500
$5.9M
Cap Rate 7%
$4,205,357
$4.2M
Cap Rate 9%
$3,270,833
$3.3M
Market Conditions
NOI Build-Up for 8,800 SF
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.
Gross rent
$440.4K $50.04/SF
− Vacancy
−$19.8K −$2.25/SF
EGI
$420.5K $47.79/SF
− OpEx
−$126.2K −$14.34/SF
NOI
$294.4K $33.45/SF
Area
Manassas Park County, VA
Vacancy
4.50%
Lease Rate
$50.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,887,500
Cap Rate 7%
$4,205,357
Cap Rate 9%
$3,270,833
Alternative Uses
Best Use
Retail
$4.21M
$3.68M – $4.91M
NOI $294,375 @ 7.0% cap · market cap 5.26%
Second Best
Industrial
$1.25M
$1.10M – $1.46M
NOI $87,780 @ 7.0% cap · market cap 1.57%
Theoretical Best
Specialty Retail
$4.89M
$4.28M – $5.70M
NOI $342,144 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,749
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial property - Automotive/Industrial space for rent in Manassas, available immediately.
Where is this industrial property located?
The property is located at 9107-9109 Mathis Ave Manassas, VA.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: Automotive user wanted; By right use; Available immediately
