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Renovated Office Unit with Private Entry
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150 N HATCHER AVENUE #100, Purcellville, VA 20132

Accessible suite with reception space, a sink-equipped private office, and shared kitchenette facilities.

Property Size125 SF
Price / SF$7.20
Days on Market64

Property Features for 150 N HATCHER AVENUE #100

General Information

Standard status Active
Size 125 SF
Property subtype Commercial

Additional Details

Utilities to Site Yes
Office Units 1

Amenities

Shared Breakroom with kitchenette
Handicap accessible
private entrance/exit

Building Details

Year Built 1950
Tenancy Multi
Listing Agency: Century 21 Redwood Realty
Listed By: Katherine D Colville · License #0024774
Source: Cummingsrealtors
Added: Aug 20 Changed: Oct 21 Last Checked: Oct 20 at 9:48PM

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 Redwood Realty

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Investment Insights

Based on property information with market context.

This renovated office unit combines a welcoming reception and waiting area with one private office featuring built-in countertops and sinks. A separate entrance and exit serve the space, while refinished hardwood flooring extends throughout. The suite is handicap accessible and includes access to a shared breakroom with a kitchenette, refrigerator, dishwasher, and second bathroom.

The property is located in Purcellville’s historic and cultural area, near local shops, services, and the W&OD Trail. A paved parking lot provides on-site parking, and the building is shared with real estate offices and a title company. The layout is identified as suitable for medical office, law office, spa, or salon use.

Key Highlights

  • Renovated office unit with reception and waiting area
  • One private office with built‑in countertops and sinks
  • Private entrance and exit for the suite

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$2,328
Suggested Prices Based on Cap Rates
Cap Rate 5%
$46,560 $46.6K
Cap Rate 7%
$33,257 $33.3K
Cap Rate 9%
$25,867 $25.9K
Market Conditions
NOI Build-Up for 125 SF
Gross rent
$4.2K $33.24/SF
− Vacancy
−$274 −$2.19/SF
EGI
$3.9K $31.05/SF
− OpEx
−$1.6K −$12.42/SF
NOI
$2.3K $18.63/SF
Area
Loudoun County, VA
Vacancy
6.60%
Lease Rate
$33.24 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$46,560
Cap Rate 7%
$33,257
Cap Rate 9%
$25,867

Alternative Uses

Best Use
Office B
$33.8K
$29.6K – $39.4K (±1% cap)
NOI $2,366 @ 7.0% cap · market cap 262.89%
Second Best
Healthcare Medical
$33.3K
$29.1K – $38.8K (±1% cap)
NOI $2,328 @ 7.0% cap · market cap 258.67%
Theoretical Best
Specialty Retail
$39.2K
$34.3K – $45.7K (±1% cap)
NOI $2,742 @ 7.0% cap · market cap 304.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Bakery HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Barber Shop

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

1
Office units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

856
Businesses Nearby

Demographics for 20132, VA

18,483
Population
6,309
Households
2.9
Avg Household Size
39
Median Age
60%
College-Educated
95%
High-School Grad
84.6 sq mi
ZIP Area
218
Density / Sq Mi
$180,663
Median Household Income
$80,404
Median Earnings
$2,225
Median Rent
$704,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Accessible suite with reception space, a sink-equipped private office, and shared kitchenette facilities.
Where is this office unit located?
The property is located at 150 N HATCHER AVENUE #100 Purcellville, VA.
What are key features of this property?
This property features: Renovated office unit with reception and waiting area; One private office with built‑in countertops and sinks; Private entrance and exit for the suite
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