Zoned B1 Office
15-1-7528 Diplomat Dr Manassas, VA 20109
For Sale
$318,000
Office space near I-66 and just off Route 234, minutes from downtown Manassas, zoned B1.
Property Size927 SF
Price / SF$343.04
Days on Market147
Property Features for 15-1-7528 Diplomat Dr
General Information
- Standard status
- Active
- Size
- 927 SF
Listing Agency:
CENTURY 21 New Millennium
(540) 229-3825
Listed By:
Don M Robertson · License #0225043547
(540) 229-3825
Source:
Exprealty
Added: Feb 27
Changed: Jul 23
Last Checked: Jul 24 at 2:30PM
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 CENTURY 21 New Millennium
Investment Insights
Based on property information with market context.
This for-sale office suite offers approximately 927 square feet of space, positioned for convenient access to major regional routes. The property is zoned B1, and the buyer is advised to confirm zoning requirements for their specific use.
The office is located close to I-66 and just off Route 234 (Sudley Road), with a reported high traffic count. It is minutes from downtown Manassas.
Because the asset is identified as an office space within a B1 zoning district, it may be a strong fit for users seeking a centrally accessible location, subject to confirming permitted uses with the appropriate authorities.
The office is located close to I-66 and just off Route 234 (Sudley Road), with a reported high traffic count. It is minutes from downtown Manassas.
Because the asset is identified as an office space within a B1 zoning district, it may be a strong fit for users seeking a centrally accessible location, subject to confirming permitted uses with the appropriate authorities.
Key Highlights
- 927 sq. ft. office space
- Convenient access near I‑66 and just off Route 234 (Sudley Road)
- Minutes from downtown Manassas
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 | $19.4k | $20.88 |
| − Vacancy | −$2.8k | −$3.03 |
| EGI | $16.5k | $17.85 |
| − OpEx | −$4.1k | −$4.46 |
| NOI | $12.4k | $13.39 |
927 SF · lease $20.88/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$177.3K
$155.2K – $206.9K
NOI $12,412 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$514.9K
$450.5K – $600.7K
NOI $36,042 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Office space near I-66 and just off Route 234, minutes from downtown Manassas, zoned B1.
Where is this office units located?
The property is located at 15-1-7528 Diplomat Dr Manassas, VA.
What is the asking price?
The asking price for this property is $318,000.
What are key features of this property?
This property features: 927 sq. ft. office space; Convenient access near I‑66 and just off Route 234 (Sudley Road); Minutes from downtown Manassas
