Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Woodbridge Mixed-Use Development Opportunity Title is generated by Realmo AI

    3945 Prince William Pkwy, Woodbridge, VA 22192

    View on Map
    Claim this Listing
    For Sale
    $1,950,000

    4.78-acre plot primed for mixed-use development in Prince William County.

    Added:
    May 22, 2025
    Days on Market:
    381
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 3945 Prince William Pkwy

    General Information

    Standard status
    Active

    Building Details

    Year Built
    1980

    We can help!

    Listing Contact
    SEAN KLINE

    Listing agent SEAN KLINE

    Listing office SERAFIN REAL ESTATE

    Listing date May 22, 2025

    Source Corcoran

    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 SERAFIN REAL ESTATE

    HighLights

    • Prime 4.78‑acre mixed‑use development opportunity in Woodbridge, Prince William County, VA.
    • Rezoned for potential 90,000 SF of mixed‑use space.
    • Strategic location off Prince William Parkway near major thoroughfares.
    • Zoning permits a wide range of by‑right uses including college, hotel, medical facilities, and financial institutions.
    • Approved plan for 292 parking spaces.
    • Opportunity to cater to the growing demand for office and retail space.

    Overview

    This 4.78-acre plot is positioned off Prince William Parkway in Woodbridge, Prince William County, VA. The property has secured rezoning approval for a potential 90,000 square feet of mixed-use space. The zoning permits uses such as a college, university or seminary; cultural arts center; financial institution; hotel, motel, or short-term lodging; specialized medical care facility; medical or dental laboratory; medical or dental office and clinic; private school; and religious institution with related facilities. A plan has been approved for 292 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Woodbridge Chiropractic Alternative Medicine Practice Sangkyun Ryu Alternative Medicine Practice Childers & Associates Law Firm MHC HealthCare Medical Clinic

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woodbridge
    County
    Prince William
    State
    Virginia
    Longitude
    -77.3293
    Latitude
    38.6642

    Nearby Similar for Sale

    • $350,000

      Retail Condo in High-Traffic Area

      800 SF retail condo in Woodbridge, VA for sale.
      13885 HEDGEWOOD Drive, WOODBRIDGE, VA 22193
      View Details
    • $3,900,000

      Prime Woodbridge Commercial Land Parcel

      Strategically located land parcel in Woodbridge, ideal for development.
      2509 CATON HILL Road, WOODBRIDGE, VA 22192
      View Details
    • $360,000

      Turn-Key Professional Office

      Turn-key office suite with built-out offices, reception, break room, and conference room plus ample parking.
      12710 DIRECTORS LOOP, WOODBRIDGE, VA 22192
      View Details
    • $450,000

      Prime Woodbridge Commercial Land Opportunity

      Commercial land parcel in Woodbridge, VA, with B-1 zoning.
      1222 EASY Street, WOODBRIDGE, VA 22191
      View Details
    • $3,800,000

      Prime Woodbridge Office Building For Sale

      15,000 SF brick office building with strong tenant leases.
      2050 OLD BRIDGE Road, WOODBRIDGE, VA 22192
      View Details
    • $1,900,000

      Prime Woodbridge Redevelopment Opportunity

      1.75-acre commercial land parcel in Woodbridge, Virginia.
      1640 WIGGLESWORTH Way, WOODBRIDGE, VA 22191
      View Details
    • $1,000,000

      Prime Land in Woodbridge, VA

      Two adjacent parcels totaling 2.65 acres, zoned for multi-family.
      13125 & 13117 ARMSTEAD Street, WOODBRIDGE, VA 22191
      View Details
    • $450,000

      Office Suite with River Views

      Professional office suite near VRE with existing lease.
      567 HARBOR SIDE St, Woodbridge, VA 22191
      View Details
    • $1,226,100

      Wooded Land on Prince William Parkway

      Large 18.112-acre wooded parcel near Potomac Mills Mall.
      2660 PRINCE WILLIAM Parkway, WOODBRIDGE, VA 22192
      View Details
    • $450,000
      6,474 SF

      Woodbridge Commercial Land Opportunity

      Prime commercial land parcel in Woodbridge, Virginia, for sale.
      1222 Easy St, WOODBRIDGE, VA 22191
      View Details
    • $525,000

      Medical Office Space Near Hospital

      Turnkey medical suite adjacent to Sentara Potomac Hospital.
      2296 OPITZ Blvd 230, Woodbridge, VA 22191
      View Details
    • $450,000

      Prime Land Near Route 1

      25,082 sq ft B-1 zoned land near Route 1.
      1216 EASY STREET, WOODBRIDGE, VA 22191
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - 4.78-acre plot primed for mixed-use development in Prince William County.
    Where is this mixed-use property located?
    The property is located at 3945 Prince William Pkwy Woodbridge, VA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Prime 4.78‑acre mixed‑use development opportunity in Woodbridge, Prince William County, VA.; Rezoned for potential 90,000 SF of mixed‑use space.; Strategic location off Prince William Parkway near major thoroughfares.
    (703) 994-7510
    We can help!
    Listing Contact
    SEAN KLINE
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3945 Prince William Pkwy, WOODBRIDGE, VA 22192
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!