Renovated Flex
For Sale
Contact for pricing
3619 Richmond Highway Suite 107, Stafford, VA 22554
Private offices, open work areas, a kitchenette, storage, and rear loading support varied business operations.
Property Size2,470 SF
Price / SF$230.77
Days on Market37
Property Features for 3619 Richmond Highway Suite 107
General Information
Standard status
Active
Size
2,470 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Listing Agency:
Coldwell Banker Commercial Elite
Listed By:
Ben Keddie · License #VA
(540) 786-1402
Source:
Crexi
Added: Sep 10
Changed: Oct 4
Last Checked: Oct 14 at 11:00PM
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 Coldwell Banker Commercial Elite
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Investment Insights
Based on property information with market context.
This 2,470 SF flex condominium combines finished office areas with warehouse functionality in a recently renovated layout. The suite includes multiple private offices, open workstation space, a kitchenette, and dedicated storage. A 14-foot rear roll-up door supports deliveries, loading, and light industrial activity.
The property is located at 3619 Richmond Hwy, Suite 107, in Oakhill Business Park along Richmond Highway (Route 1) in Stafford, VA. Marine Corps Base Quantico is nearby, and Interstate 95 is 2.5 miles away with access through Exits 143 and 148. The office and warehouse configuration accommodates professional, service, contractor, and hybrid operational uses identified for the property.
The property is located at 3619 Richmond Hwy, Suite 107, in Oakhill Business Park along Richmond Highway (Route 1) in Stafford, VA. Marine Corps Base Quantico is nearby, and Interstate 95 is 2.5 miles away with access through Exits 143 and 148. The office and warehouse configuration accommodates professional, service, contractor, and hybrid operational uses identified for the property.
Key Highlights
- 2,470 SF flex office condominium
- Recently renovated office and warehouse layout
- 14‑foot rear roll‑up door for loading and deliveries
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,693
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,860
$633.9K
Cap Rate 7%
$452,757
$452.8K
Cap Rate 9%
$352,144
$352.1K
Market Conditions
NOI Build-Up for 2,470 SF
Gross rent
$51.9K $21.00/SF
− Vacancy
−$3.1K −$1.26/SF
EGI
$48.8K $19.74/SF
− OpEx
−$17.1K −$6.91/SF
NOI
$31.7K $12.83/SF
Area
Stafford County, VA
Vacancy
6.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,860
Cap Rate 7%
$452,757
Cap Rate 9%
$352,144
Alternative Uses
Best Use
Flex RnD
$452.8K
$396.2K – $528.2K
NOI $31,693 @ 7.0% cap · market cap 5.56%
Second Best
Warehouse
$370.0K
$323.8K – $431.7K
NOI $25,903 @ 7.0% cap · market cap 4.54%
Theoretical Best
Specialty Retail
$1.37M
$1.20M – $1.60M
NOI $96,034 @ 7.0% cap · market cap 16.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
554
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 22554, VA
64,354
Population
20,861
Households
3.1
Avg Household Size
34
Median Age
45%
College-Educated
93%
High-School Grad
64.1 sq mi
ZIP Area
1,004
Density / Sq Mi
$148,268
Median Household Income
$65,672
Median Earnings
$2,000
Median Rent
$482,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - Private offices, open work areas, a kitchenette, storage, and rear loading support varied business operations.
Where is this flex space located?
The property is located at 3619 Richmond Highway Suite 107 Stafford, VA.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: 2,470 SF flex office condominium; Recently renovated office and warehouse layout; 14‑foot rear roll‑up door for loading and deliveries
