Office Condo in Corporate
For Sale
$450,000
3763 FETTLER PARK DRIVE A2, Dumfries, VA 22025
Office condominium unit utilized as a sleep center for sale.
Property Size1,736 SF
Price / SF$259.22
Days on Market736
Property Features for 3763 FETTLER PARK DRIVE A2
General Information
Standard status
Active
Size
1,736 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
2007
Listing Agency:
United American Realty
(703) 898-0945
Listed By:
Shoaib Ahmed · License #0225053588
(703) 898-0945
Source:
Exitrealty
Added: Jul 31, 2024
Changed: Jul 6
Last Checked: Jul 21 at 4:09AM
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 United American Realty
Investment Insights
Based on property information with market context.
The subject is a single office condominium unit within the Corporate Plaza at Quantico Center, a 28-unit project spanning three buildings. The unit encompasses 1,736 square feet of gross building area on a single level and is currently configured and utilized as a sleep center. The interior layout features a lobby, reception area, two restrooms, a kitchen area, four sleep rooms, and two storage areas. Flooring consists of a mix of carpet and tile. The unit is equipped with a mix of acoustic tile and fluorescent lighting, along with a sprinkler system. The interior also includes upgraded audio and video equipment to support its operation as a sleep center. The unit is well-maintained and considered to be in overall average condition compared to similar office condominium units in the market. The buildings are of concrete block construction and feature a flat composition roof system.
Key Highlights
- Turnkey sleep center: Ready for immediate operation.
- Functional layout: Featuring a lobby, reception, two restrooms, kitchen, four sleep rooms, and two storage areas.
- Sizeable space: 1,736 square feet of gross building area.
Financial Insights For Office B
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 | $42.1k | $24.24 |
| − Vacancy | −$1.3k | −$0.73 |
| EGI | $40.8k | $23.51 |
| − OpEx | −$10.2k | −$5.88 |
| NOI | $30.6k | $17.63 |
1,736 SF · lease $24.24/SF/yr · vacancy 3.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$437.3K
$382.7K – $510.2K
NOI $30,614 @ 7.0% cap · market cap 6.80%
Second Best
Healthcare Medical
$379.1K
$331.8K – $442.3K
NOI $26,540 @ 7.0% cap · market cap 5.90%
Theoretical Best
Specialty Retail
$509.8K
$446.1K – $594.8K
NOI $35,688 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
354
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 22025, VA
18,470
Population
6,444
Households
2.9
Avg Household Size
39
Median Age
55%
College-Educated
97%
High-School Grad
9.6 sq mi
ZIP Area
1,924
Density / Sq Mi
$135,957
Median Household Income
$68,980
Median Earnings
$2,205
Median Rent
$497,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Office condominium unit utilized as a sleep center for sale.
Where is this medical office space located?
The property is located at 3763 FETTLER PARK DRIVE A2 Dumfries, VA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Turnkey sleep center: Ready for immediate operation.; Functional layout: Featuring a lobby, reception, two restrooms, kitchen, four sleep rooms, and two storage areas.; Sizeable space: 1,736 square feet of gross building area.
