Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5.84 Acres Commercial Land Title is generated by Realmo AI

    18820 Fuller Heights Rd, Triangle, VA 22172

    View on Map
    Claim this Listing
    For Sale
    $925,000

    5.84 acres of B1 commercial land near Quantico MC Base.

    Type:Land or Vacant Lot
    Lot size:
    5.84 Acres
    Added:
    Nov 23, 2024
    Days on Market:
    560
    Last Refresh:
    May 11 at 1:58 am

    Property Features for 18820 Fuller Heights Rd

    General Information

    Standard status
    Active
    Lot size
    5.84 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    JUE WANG

    Listing agent JUE WANG

    Listing office PREMIERE REALTY

    Listing date Nov 23, 2024

    Source Corcoran

    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 PREMIERE REALTY

    HighLights

    • 5.84 acres of land zoned B1 commercial, offering diverse development possibilities.
    • 2.65 acres are buildable, providing substantial space for construction.
    • Located within 1 mile of Quantico MC Base and MC Museum, offering proximity to key landmarks.
    • Readily accessible to major roads and highways, ensuring convenient transportation.
    • Potential for high‑density residential development (R‑16 or R‑30) based on zoning analysis.
    • Detailed survey and engineering documents available for review.

    Overview

    This 5.84-acre commercial land parcel, zoned B1, presents a development opportunity. The buildable area is 2.65 acres, with an additional 0.35 acres designated for parking; the remainder is wetland. Located within one mile of the entrance to Quantico MC Base, the MC Museum, and several commercial and residential developments, the site offers accessibility to major roads and highways. According to a consultant, the Comprehensive Plan zoning district is Urban Residential Medium (URM), with potential for R-16 zoning. The ordinance indicates a minimum of 31 units per acre. Potential uses include apartments, condos, senior housing, public storage, or mixed-use development. The seller is licensed. Detailed survey and engineering documents are available for download.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Triangle
    County
    Prince William
    State
    Virginia
    Longitude
    -77.3295
    Latitude
    38.5432

    Nearby Similar for Sale

    • $280,000
      1,274 SF

      Residential Duplex in Triangle, VA

      Residential duplex with two units in Triangle, Virginia.
      4002 POST Street, TRIANGLE, VA 22172
      View Details
    • $190,000

      Commercial Lot in Triangle, VA

      Vacant commercial lot zoned B-1, suitable for office conversion.
      4000 POST Street, TRIANGLE, VA 22172
      View Details
    • $9,875,000
      39,497 SF

      Class A Office Building For Sale

      Class A office building near Quantico Marine Base.
      18354 QUANTICO GATEWAY Dr, Triangle, VA 22172
      View Details
    • $92,500

      Residential Lot in Triangle, VA

      Buildable lot with utilities in Prince William County.
      19017 BARNETTE Circle, TRIANGLE, VA 22172
      View Details
    • $149,900

      Buildable Lot Near Quantico

      0.23-acre lot approved for a 4-bedroom home.
      18299 CABIN, TRIANGLE, VA 22172
      View Details
    • $9,875,000
      39,497 SF

      Class A Office Building For Sale

      Class A office building near Quantico Marine Base.
      18354 Quantico Gateway Dr, Triangle, VA 22172
      View Details
    • $190,000

      Commercial Lot Near Post Office

      Vacant commercial lot zoned B-1, level, corner location.
      4000 Post St, TRIANGLE, VA 22172
      View Details
    • $450,000
      24,000 SF

      Commercial Duplex Corner Lot

      Four B-1 parcels with a long-standing duplex; options include conversion to office or retail with survey pending.
      4002 Post St, TRIANGLE, VA 22172
      View Details
    • $795,000

      Commercial Lots Near Quantico Base

      3.47 acres of commercial land near Quantico Marine Base.
      19038 Fuller Heights Rd, Triangle, VA 22172
      View Details
    • $249,900

      Waterfront Land in Graham Park

      1.5-acre waterfront land with views of Quantico Creek.
      3209 Riverview Dr, TRIANGLE, VA 22172
      View Details

    FAQs

    What type of property is this?
    Commercial land - 5.84 acres of B1 commercial land near Quantico MC Base.
    Where is this commercial land located?
    The property is located at 18820 Fuller Heights Rd Triangle, VA.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: 5.84 acres of land zoned B1 commercial, offering diverse development possibilities.; **2.65 acres are buildable, providing substantial space for construction.**; Located within 1 mile of Quantico MC Base and MC Museum, offering proximity to key landmarks.
    (703) 748-0001
    We can help!
    Listing Contact
    JUE WANG
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    18820 Fuller Heights Rd, TRIANGLE, VA 22172
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!