Renovated Retail/Office
201-13895 Hedgewood Woodbridge, VA 22193
New
201-13895 Hedgewood, Woodbridge, VA, 22193
$1,150,000
For Sale
$1,150,000
Second-floor condominium unit combines three suites and offers two bathrooms, including a shower, with shared surface parking.
Property Size2,328 SF
Price / SF$493.99
Days on Market3
Property Features for 201-13895 Hedgewood
General Information
- Standard status
- Active
- Size
- 2,328 SF
Listing agency
Samson Properties
(571) 451-7940
Listed by
Nik Biberaj · License #0225226782
(571) 451-7940
Source
Exprealty
Added: Jul 19 Updated: Jul 21 at 5:38PM Checked: Jul 21 at 5:38PM
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 Samson Properties
Investment Insights
Based on property information with market context.
This renovated second-floor retail/office condominium was assembled by combining three condominium suites into one seamless unit. The space totals 2,328 SF and is laid out to support flexible use as a retail, office, studio, or professional environment. Interior improvements include two bathrooms, with one bathroom featuring a shower. The property also includes extensive electrical upgrades and quality renovations that convey with the sale.
The unit is located within the Old Dominion Square Office Condominiums and benefits from ample shared surface parking. Situated in Woodbridge, it offers convenient access to Prince William Parkway and I-95, along with nearby shopping and dining.
The current configuration reflects its adaptability for creative and professional operations, with the combined suite layout supporting multiple-room workflows within the condominium space.
The unit is located within the Old Dominion Square Office Condominiums and benefits from ample shared surface parking. Situated in Woodbridge, it offers convenient access to Prince William Parkway and I-95, along with nearby shopping and dining.
The current configuration reflects its adaptability for creative and professional operations, with the combined suite layout supporting multiple-room workflows within the condominium space.
Key Highlights
- 2,328 SF second‑floor retail/office condominium in Old Dominion Square Office Condominiums
- Combines three condominium suites (201, 205, and 209) into one seamless unit
- Fully renovated with high‑quality finishes and extensive electrical upgrades
Local Financial Insights For Retail
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 | $65.6k | $28.20 |
| − Vacancy | −$1.8k | −$0.79 |
| EGI | $63.8k | $27.41 |
| − OpEx | −$19.1k | −$8.22 |
| NOI | $44.7k | $19.19 |
2,328 SF · lease $28.20/SF/yr · vacancy 2.80% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Second-floor condominium unit combines three suites and offers two bathrooms, including a shower, with shared surface parking.
Where is this office units located?
The property is located at 201-13895 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 retail/office condominium in Old Dominion Square Office Condominiums; Combines three condominium suites (201, 205, and 209) into one seamless unit; Fully renovated with high‑quality finishes and extensive electrical upgrades
