404 Mill St, Occoquan, VA 22125

Building Details

Building Size 3,237 SF More

Year Built 1901 More

Properties For Sale

at 404 Mill St

404 Mill St.

Size 1,327 SF

Type Street Retail

Term Negotiable

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Listing Agency: Weber Rector Commerical Real Estate Services, Inc.

Listed By: Ryan Archibald · License #0225269502 Show Phone

Source: Weberrector

Added: Nov 8 Last Checked: Nov 8 at 4:11PM

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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 Weber Rector Commerical Real Estate Services, Inc.

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This 1,327-square-foot retail space at 404 Mill St. in Occoquan has a front reception area with two bay windows oriented toward the street. Inside, the layout includes an open main room, a flex room, storage, a private restroom, and a rear room with a fireplace. The building dates to 1901, and the remainder of the property is occupied by restaurant space.

Key Highlights

• 1,327 square feet of retail space at 404 Mill St. in Occoquan
• Two bay display windows face Mill Street
• Includes a front reception area, open main room, flex room, storage, and private restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$25,462

Suggested Prices Based on Cap Rates

Cap Rate 5%

$509,240 $509.2K

Cap Rate 7%

$363,743 $363.7K

Cap Rate 9%

$282,911 $282.9K

What to ask about pricing

Market Conditions

NOI Build-Up for 1,327 SF

Gross rent

$37.4K $28.20/SF

− Vacancy

−$1.0K −$0.79/SF

EGI

$36.4K $27.41/SF

− OpEx

−$10.9K −$8.22/SF

NOI

$25.5K $19.19/SF

Area

Prince William County, VA

Vacancy

2.80%

Lease Rate

$28.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$509,240

Cap Rate 7%

$363,743

Cap Rate 9%

$282,911

Alternative Uses

Best Use

Retail

$363.7K

$318.3K – $424.4K (±1% cap)

NOI $25,462 @ 7.0% cap · market cap 84,873.33%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$389.7K

$341.0K – $454.7K (±1% cap)

NOI $27,280 @ 7.0% cap · market cap 90,933.33%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Building Supply Big Box & Wholesale Store Auto Parts Store Pharmacy Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

398

Businesses Nearby

Explore this area Business Placement

Demographics for 22125, VA

917

Population

450

Households

2

Avg Household Size

45

Median Age

64%

College-Educated

99%

High-School Grad

0.2 sq mi

ZIP Area

4,585

Density / Sq Mi

$166,250

Median Household Income

$101,125

Median Earnings

$2,000

Median Rent

$485,200

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Frequently Asked Questions

What type of property is this?

Retail space - A multi-room layout includes a flexible area, storage, and a private restroom.

Where is this retail space located?

The property is located at 404 Mill St Occoquan, VA.

What are key features of this property?

This property features: 1,327 square feet of retail space at 404 Mill St. in Occoquan; Two bay display windows face Mill Street; Includes a front reception area, open main room, flex room, storage, and private restroom