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Renovated Office Unit with Reception Area
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150 N HATCHER AVENUE #200, Purcellville, VA 20132

Accessible office space offers built-in countertops, a kitchenette, and a second bathroom.

Property Size97 SF
Price / SF$7.99
Days on Market68

Property Features for 150 N HATCHER AVENUE #200

General Information

Standard status Active
Size 97 SF
Property subtype Commercial

Additional Details

Utilities to Site Yes

Amenities

reception area
waiting area
breakroom
kitchenette
handicap accessible

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 25 Last Checked: Oct 24 at 6:08PM

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 features a welcoming rear entry, reception and waiting areas, built-in countertops with a sink, and refinished hardwood floors throughout. A breakroom includes a kitchenette with a refrigerator and dishwasher, complemented by a second bathroom. The space is handicap accessible and located within a building constructed in 1950.

The property is at 150 N Hatcher Avenue in Purcellville, near town shops and services and the W&OD trail. Shared occupancy with a real estate team and title company provides an established professional setting. Included services cover heat, air, cleaning, trash, and internet. The layout has been identified for office, dental, medical, law, spa, or salon use.

Key Highlights

  • Renovated office unit with refinished hardwood floors throughout
  • Reception and waiting areas with a welcoming rear entry
  • Built‑in countertops with sink, plus breakroom kitchenette

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$1,807
Suggested Prices Based on Cap Rates
Cap Rate 5%
$36,140 $36.1K
Cap Rate 7%
$25,814 $25.8K
Cap Rate 9%
$20,078 $20.1K
Market Conditions
NOI Build-Up for 97 SF
Gross rent
$3.2K $33.24/SF
− Vacancy
−$213 −$2.19/SF
EGI
$3.0K $31.05/SF
− OpEx
−$1.2K −$12.42/SF
NOI
$1.8K $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%
$36,140
Cap Rate 7%
$25,814
Cap Rate 9%
$20,078

Alternative Uses

Best Use
Office B
$26.2K
$23.0K – $30.6K (±1% cap)
NOI $1,836 @ 7.0% cap · market cap 236.90%
Second Best
Healthcare Medical
$25.8K
$22.6K – $30.1K (±1% cap)
NOI $1,807 @ 7.0% cap · market cap 233.16%
Theoretical Best
Specialty Retail
$30.4K
$26.6K – $35.5K (±1% cap)
NOI $2,128 @ 7.0% cap · market cap 274.58%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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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

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 office space offers built-in countertops, a kitchenette, and a second bathroom.
Where is this office unit located?
The property is located at 150 N HATCHER AVENUE #200 Purcellville, VA.
What are key features of this property?
This property features: Renovated office unit with refinished hardwood floors throughout; Reception and waiting areas with a welcoming rear entry; Built‑in countertops with sink, plus breakroom kitchenette
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