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Zoned B1 Office Suite
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15-1-7528 Diplomat Dr, Manassas, VA 20109

Office space near I-66 and just off Route 234, minutes from downtown Manassas, zoned B1.

Property Size927 SF
Price / SF$2.70
Days on Market161

Property Features for 15-1-7528 Diplomat Dr

General Information

Standard status Active
Size 927 SF
Zoning B1

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $1,635
Listing Agency: CENTURY 21 New Millennium
Listed By: Don M Robertson · License #0225043547
Source: Exprealty
Added: May 18 Changed: Oct 25 Last Checked: Oct 24 at 6:38PM

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

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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 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.

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

Estimated NOI and Cap Rate

NOI / Yr
$12,412
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,240 $248.2K
Cap Rate 7%
$177,314 $177.3K
Cap Rate 9%
$137,911 $137.9K
Market Conditions
NOI Build-Up for 927 SF
Gross rent
$19.4K $20.88/SF
− Vacancy
−$2.8K −$3.03/SF
EGI
$16.5K $17.85/SF
− OpEx
−$4.1K −$4.46/SF
NOI
$12.4K $13.39/SF
Area
Manassas Park County, VA
Vacancy
14.50%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,240
Cap Rate 7%
$177,314
Cap Rate 9%
$137,911

Alternative Uses

Best Use
Office B
$177.3K
$155.2K – $206.9K (±1% cap)
NOI $12,412 @ 7.0% cap · market cap 496.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$514.9K
$450.5K – $600.7K (±1% cap)
NOI $36,042 @ 7.0% cap · market cap 1,441.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Florist Tattoo & Piercing Shop Acupuncture Tanning Salon

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,486
Businesses Nearby

Demographics for 20109, VA

43,849
Population
15,673
Households
2.8
Avg Household Size
32
Median Age
35%
College-Educated
83%
High-School Grad
23.8 sq mi
ZIP Area
1,842
Density / Sq Mi
$88,966
Median Household Income
$44,306
Median Earnings
$1,928
Median Rent
$411,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Office space near I-66 and just off Route 234, minutes from downtown Manassas, zoned B1.
Where is this office unit located?
The property is located at 15-1-7528 Diplomat Dr Manassas, VA.
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
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