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Renovated Mixed-Use Condominium

13895 HEDGEWOOD, Woodbridge, VA 22193

For Sale
$1,149,999

Commercial Sale, WOODBRIDGE, VA

Property Size2,328 SF
Price / SF$493.99
Days on Market114

Property Features for 13895 HEDGEWOOD

General Information

Property type Other
Property subtype Retail
Parking 100
Parking features Parking Lot
Elementary school district PRINCE WILLIAM COUNTY PUBLIC SCHOOLS
Middle school district PRINCE WILLIAM COUNTY PUBLIC SCHOOLS
High school district PRINCE WILLIAM COUNTY PUBLIC SCHOOLS
Standard status Active

Taxes and HOA fees

Tax Annual Amount 1774

Utilities

Heating system Central
Cooling system Central Air

Amenities

shared surface parking

Building Details

Year built 2006
Listing Agency: Samson Properties
Listed By: Nik Biberaj · License #0225226782
Added: Jul 19 Changed: Oct 20 Last Checked: Nov 9 at 4:06AM
MLS# VAPW2125764

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This second-floor mixed-use condominium brings together suites 201, 205, and 209 as a single 2,328-square-foot space. Renovation work includes updated finishes and electrical improvements. The layout has two bathrooms, one with a shower, and the property is currently used as an art studio. Central heating and air conditioning serve the space.

The condominium is part of Old Dominion Square Office Condominiums in Woodbridge, with shared surface parking. Prince William Parkway and I-95 provide nearby road access, and shopping and dining are also in the area.

Key Highlights

  • 2,328‑square‑foot condominium combining suites 201, 205, and 209
  • Second‑floor space with two bathrooms, including one with a shower
  • Renovated interior with electrical upgrades

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,668
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$893,360 $893.4K
Cap Rate 7%
$638,114 $638.1K
Cap Rate 9%
$496,311 $496.3K
Market Conditions
NOI Build-Up for 2,328 SF
Gross rent
$65.6K $28.20/SF
− Vacancy
−$1.8K −$0.79/SF
EGI
$63.8K $27.41/SF
− OpEx
−$19.1K −$8.22/SF
NOI
$44.7K $19.19/SF
Area
Prince William County, VA
Vacancy
2.80%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$893,360
Cap Rate 7%
$638,114
Cap Rate 9%
$496,311

Alternative Uses

Best Use
Retail
$638.1K
$558.4K – $744.5K (±1% cap)
NOI $44,668 @ 7.0% cap · market cap 3.88%
Second Best
Mixed Use
$422.0K
$369.3K – $492.4K (±1% cap)
NOI $29,542 @ 7.0% cap · market cap 2.57%
Theoretical Best
Specialty Retail
$683.7K
$598.2K – $797.7K (±1% cap)
NOI $47,859 @ 7.0% cap · market cap 4.16%
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

Greenwood Photography Photography Service Urban Pie Restaurant Stokes Johnson Law, ... Law Firm The College Place Training Center CMWL - The Center For Medical ... Weight Loss Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Acupuncture Parking Lot & Garage Furniture & Home Goods Grocery & Convenience Store

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

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

733
Businesses Nearby
192k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 31% Superstores 30% Home Improvements & Furnishings 25% Dining 15%
BJ's Wholesale Club Superstores
56,765 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
47,863 visits/mo 0.5 miles
BJ's Gas Shops & Services
28,287 visits/mo 0.3 miles
McDonald's Dining
16,659 visits/mo 0.2 miles
KFC Dining
9,587 visits/mo 0.5 miles

Demographics for 22193, VA

83,064
Population
25,121
Households
3.3
Avg Household Size
35
Median Age
35%
College-Educated
85%
High-School Grad
18.3 sq mi
ZIP Area
4,539
Density / Sq Mi
$119,273
Median Household Income
$50,576
Median Earnings
$1,868
Median Rent
$427,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Second-floor commercial space combines three suites with a flexible layout for retail, office, studio, or professional use.
Where is this mixed-use property located?
The property is located at 13895 HEDGEWOOD Woodbridge, VA.
What is the asking price?
The asking price for this property is $1,149,999.
What are key features of this property?
This property features: 2,328‑square‑foot condominium combining suites 201, 205, and 209; Second‑floor space with two bathrooms, including one with a shower; Renovated interior with electrical upgrades
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Includes: Price & PSF · Cap rate · Location · Zoning

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