Commercial Duplex Corner
For Sale
$280,000
4002 Post St, Triangle, VA 22172
Four B-1 parcels with a long-standing duplex; options include conversion to office or retail with survey pending.
Property Size1,274 SF
Price / SF$219.78
Days on Market139
Property Features for 4002 Post St
General Information
Standard status
Active
Size
1,274 SF
Property subtype
Multi-Family
Zoning
B-1 Commercial
Additional Details
Multifamily Units
2
Building Details
Year Built
1945
Listing Agency:
EXIT Elite Realty
Listed By:
Christian P Kaila, Cody J. Kaila · License #4001000099
(540) 786-8300
Source:
Summitrealtors
Added: Jun 1
Changed: Oct 14
Last Checked: Oct 7 at 1:21PM
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 EXIT Elite Realty
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Investment Insights
Based on property information with market context.
This offering consists of 4 tax parcels totaling approximately 24,000 SF, all zoned B-1 Commercial. The current use is a duplex that has been in continuous use for more than 50 years and operates as a legal non-conforming use that was grandfathered. The owners are in the process of getting a survey, and continuing the existing use is recommended through an application with the county.
The property is located at 4002 Post St in Triangle, VA 22172. With its corner lot configuration, the site presents multiple pathways for investors and operators, including potential redevelopment while accounting for the current legal non-conforming status.
Beyond maintaining the existing duplex use, the owner highlights several realistic alternatives: conversion to an office or retail use, redevelopment of the entire corner lot for commercial use “as is,” or a possible multifamily direction requiring a rezone. For buyers and tenants who value flexibility, this property’s combination of B-1 zoning and an established income-use history offers a foundation for near- and longer-term planning, subject to county review and the pending survey.
The property is located at 4002 Post St in Triangle, VA 22172. With its corner lot configuration, the site presents multiple pathways for investors and operators, including potential redevelopment while accounting for the current legal non-conforming status.
Beyond maintaining the existing duplex use, the owner highlights several realistic alternatives: conversion to an office or retail use, redevelopment of the entire corner lot for commercial use “as is,” or a possible multifamily direction requiring a rezone. For buyers and tenants who value flexibility, this property’s combination of B-1 zoning and an established income-use history offers a foundation for near- and longer-term planning, subject to county review and the pending survey.
Key Highlights
- 4 commercial B‑1 tax parcels totaling approximately 24,000 SF
- Duplex has been in continuous use for over 50 years
- Current duplex use is a legal non‑conforming (grandfathered) use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,234
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,680
$384.7K
Cap Rate 7%
$274,771
$274.8K
Cap Rate 9%
$213,711
$213.7K
Market Conditions
NOI Build-Up for 1,274 SF
Gross rent
$28.3K $22.20/SF
− Vacancy
−$806 −$0.63/SF
EGI
$27.5K $21.57/SF
− OpEx
−$8.2K −$6.47/SF
NOI
$19.2K $15.10/SF
Area
Prince William County, VA
Vacancy
2.85%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,680
Cap Rate 7%
$274,771
Cap Rate 9%
$213,711
Alternative Uses
Best Use
Multifamily LT 5
$274.8K
$240.4K – $320.6K
NOI $19,234 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$244.7K
$214.1K – $285.5K
NOI $17,128 @ 7.0% cap · market cap 6.12%
Theoretical Best
Specialty Retail
$374.2K
$327.4K – $436.5K
NOI $26,191 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
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Business Placement
Demographics for 22172, VA
10,679
Population
3,903
Households
2.7
Avg Household Size
34
Median Age
41%
College-Educated
92%
High-School Grad
20.6 sq mi
ZIP Area
518
Density / Sq Mi
$113,043
Median Household Income
$48,693
Median Earnings
$1,588
Median Rent
$509,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Four B-1 parcels with a long-standing duplex; options include conversion to office or retail with survey pending.
Where is this duplex located?
The property is located at 4002 Post St Triangle, VA.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 4 commercial B‑1 tax parcels totaling approximately 24,000 SF; Duplex has been in continuous use for over 50 years; Current duplex use is a legal non‑conforming (grandfathered) use
