Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3985 Prince William Pkwy, Unit 206-1 Woodbridge, VA 22192

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $850 /Mo

    Second floor office with shared amenities in Parkway Commons.

    Property Features for 3985 Prince William Pkwy

    General Information

    Property type
    Commercial
    Standard status
    Active

    Building Details

    Year built
    2006

    We can help!

    Listing Contact
    Carmela Patrick
    Carmela Patrick
    Source: Elliman

    Listing Agency: Weber Rector Commerical Real Estate Services, Inc. Listing Agent: Carmela Patrick

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Executive Office Space For Lease

    This second-floor executive office is available for lease within the Parkway Commons office complex. The unit is an individual office featuring large windows and includes office furniture, if desired. Tenants have shared access to a kitchen and bathroom. The unit opens to a parking area. The full-service rental rate covers all utilities and fees, excluding telephone service. The property benefits from frontage and visibility on Prince William Parkway, with a reported traffic count of 44,000 vehicles per day. It is situated approximately 3 miles from Potomac Mills and 4.5 miles from Sentara Northern Virginia Medical Center. The building is located at a traffic signal and a bus stop.
    Location Intelligence

    Current Use by Public Records

    Radiant Health Massage, ... Alternative Medicine Practice Back to Health Chiropractic ... Alternative Medicine Practice Dr. Pendar Esmaeili Alternative Medicine Practice TD3 Insurance Agency Insurance Agency Verma Real Estate Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodbridge
    County
    Prince William
    State
    Virginia
    Longitude
    -77.3310225
    Latitude
    38.6650767

    Nearby Similar for Lease

    • $2,100 /Mo

      Turn Key Medical Office

      Move-in ready medical office with flexible uses and utilities included.
      2026 Opitz Blvd, Woodbridge, VA 22191
      View Details
    • $2,500 /Mo

      Office Space in Woodbridge, VA

      Office space available December 2025 in Woodbridge, Virginia.
      4311 Ridgewood Center Dr, Woodbridge, VA 22192
      View Details
    • $3,500 /Mo
      2,178 SF

      Furnished Office Space in Woodbridge

      Furnished office space ready for immediate occupancy in Woodbridge, VA.
      3985 Prince William Pkwy, Woodbridge, VA 22192
      View Details
    • $5 SF/Yr

      WOODBRIDGE Office Space For Lease

      Office spaces available for lease in Woodbridge, Virginia.
      13000 Harbor Dr, Woodbridge, VA 22192
      View Details
    • $1,700 /Mo
      2,178 SF

      Retail/Office Space in Woodbridge, VA

      Street-side retail or office space in a desirable location.
      4813 Dashiell Pl, Woodbridge, VA 22192
      View Details
    • $600 /Mo
      57,935 SF

      Private Office Space Available

      Private office for lease in shared professional suite.
      12751 Marblestone Dr, Woodbridge, VA 22192
      View Details
    • $39 SF/Yr
      158,123 SF

      Retail Space in Woodbridge Plaza

      Retail space available for lease in Woodbridge, Virginia.
      14055 Noblewood Plz, Woodbridge, VA 22193
      View Details
    • $600 /Mo

      Private Office in Shared Suite

      Private office for lease with shared amenities in Woodbridge.
      12751 Marblestone Dr, Woodbridge, VA 22192
      View Details
    • $1,812 /Mo

      Second-Floor Office Space Available

      Office space for rent in Dale City's Glendale Plaza.
      4326 Dale Blvd, Woodbridge, VA 22193
      View Details
    • $1,833 /Mo

      Second-Floor Office Space Available

      Office space for rent in Glendale Plaza, Dale City.
      4326 Dale Blvd, Woodbridge, VA 22193
      View Details
    • $2,614 /Mo

      Second-Floor Office Space Available

      Office space for rent in a thriving residential community.
      4326 Dale Blvd, Woodbridge, VA 22193
      View Details
    • $2,037 /Mo

      Second-Floor Office Space Available

      Office space for rent in a thriving residential community.
      4326 Dale Blvd, Woodbridge, VA 22193
      View Details

    FAQs

    What type of property is this?
    Office units - Second floor office with shared amenities in Parkway Commons.
    Where is this office units located?
    The property is located at 3985 Prince William Pkwy, Unit 206-1 Woodbridge, VA.
    What is the lease rate?
    The lease rate is $850 /Mo.
    What are key features of this property?
    This property features: - Full-service rental rate includes all utilities and fees (except telephone).; - High visibility location on Prince William Pkwy with 44,000 vehicles per day.; - Conveniently located near Potomac Mills (3 miles) and Sentara Northern Virginia Medical Center (4.5 miles).
    (703) 330-1224
    Request Owner's contact information
    3985 Prince William Pkwy, Unit 206-1 Woodbridge, VA 22192
    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.
    3985 Prince William Pkwy, Unit 206-1
    Woodbridge, VA 22192
    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
    3985 Prince William Pkwy, Unit 206-1 Woodbridge, VA 22192
    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

    We can help!
    Listing Contact
    Carmela Patrick
    Carmela Patrick
    Real Estate License ID: 0225206723
    (703) 330-1224 (703) 298-8187
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!