Renovated Creative Space with Flexible
For Sale
$1,150,000
13895 HEDGEWOOD, Woodbridge, VA 22193
Commercial Sale, WOODBRIDGE, VA
Property Size2,328 SF
Price / SF$493.99
Days on Market93
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
Building Details
Year built
2006
Listing Agency:
Samson Properties
(703) 378-8810
Listed By:
Nik Biberaj · License #0225226782
(571) 451-7940
Added: Jul 19
Changed: Aug 19
Last Checked: Oct 19 at 3:06PM
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.
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Investment Insights
Based on property information with market context.
This second-floor creative space comprises a 2,328 SF commercial condominium formed by combining suites 201, 205, and 209 into a unified layout. The property was fully renovated and is currently configured for use as an art studio, with improvements that include extensive electrical upgrades and quality interior finishes. Two bathrooms are provided, including one with a shower, supporting a range of studio, office, retail, and professional applications.
Shared surface parking serves the condominium property. The Woodbridge location offers access to Prince William Parkway and I-95, with shopping and dining nearby. Central heating and central air conditioning are installed, and the building was constructed in 2006.
Shared surface parking serves the condominium property. The Woodbridge location offers access to Prince William Parkway and I-95, with shopping and dining nearby. Central heating and central air conditioning are installed, and the building was constructed in 2006.
Key Highlights
- 2,328 SF second‑floor commercial condominium
- Combined suites 201, 205, and 209 create one unified space
- Fully renovated with extensive 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
NOI $44,668 @ 7.0% cap · market cap 3.88%
Second Best
Office B
$586.5K
$513.2K – $684.2K
NOI $41,053 @ 7.0% cap · market cap 3.57%
Theoretical Best
Specialty Retail
$683.7K
$598.2K – $797.7K
NOI $47,859 @ 7.0% cap · market cap 4.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
733
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Creative space - Second-floor commercial condominium combines retail, office, studio, and professional-use functionality with upgraded electrical systems.
Where is this creative space 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 second‑floor commercial condominium; Combined suites 201, 205, and 209 create one unified space; Fully renovated with extensive electrical upgrades
