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Renovated Second-Floor Retail Office

13895 HEDGEWOOD Woodbridge, VA 22193

New
13895 HEDGEWOOD, Woodbridge, VA, 22193
$1,150,000
For Sale
$1,150,000

Commercial Sale - WOODBRIDGE, VA

Property Size2,328 SF
Price / SF$493.99
Days on Market3

Property Features for 13895 HEDGEWOOD

General Information

Property type
Other
Property subtype
Retail
Parking
100
Parking features
Parking Lot
Standard status
Active

Taxes and HOA fees

Tax Annual Amount
1774

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
2006
Listing Agency Samson Properties
14291 Park Meadow Drive unit: 500, Chantilly, VA
Listed by Nik Biberaj · License #0225226782
Added: Jul 19 Checked: Jul 21 at 1:06 am
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.


Investment Insights

Based on property information with market context.

This renovated 2,328 SF second-floor retail/office condominium is configured as a single unit by combining three condominium suites (201, 205, and 209). The space offers a flexible layout suitable for a range of retail, office, studio, or professional uses. Improvements include two bathrooms, with one bathroom equipped with a shower, and the property has extensive electrical upgrades and other quality renovations that convey with the sale.

The unit is located within the established Old Dominion Square Office Condominiums in Woodbridge, with ample shared surface parking onsite. The listing also notes convenient access to Prince William Parkway, I-95, and nearby shopping and dining.

Key Highlights

  • 2,328 SF retail/office condominium (Old Dominion Square Office Condominiums) on the second floor
  • Combined layout of three suites—201, 205, and 209—into one seamless unit with flexible retail/office/studio/professional use
  • Fully renovated with high‑quality finishes and extensive electrical upgrades that convey with the sale

Local Financial Insights For Retail

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 $65.6k $28.20
− Vacancy −$1.8k −$0.79
EGI $63.8k $27.41
− OpEx −$19.1k −$8.22
NOI $44.7k $19.19
2,328 SF · lease $28.20/SF/yr · vacancy 2.80% · expense 30.00%

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
Office B
$586.5K
$513.2K – $684.2K (±1% cap)
NOI $41,053 @ 7.0% cap · market cap 3.57%
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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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

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

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

FAQs

What type of property is this?
Office units - Renovated second-floor condominium combining three suites and featuring two bathrooms, ready for retail, office, studio, or professional use.
Where is this office units located?
The property is located at 13895 HEDGEWOOD Woodbridge, VA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 2,328 SF retail/office condominium (Old Dominion Square Office Condominiums) on the second floor; Combined layout of three suites—201, 205, and 209—into one seamless unit with flexible retail/office/studio/professional use; Fully renovated with high‑quality finishes and extensive electrical upgrades that convey with the sale
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