Garrisonville Road Retail/Office
630 GARRISONVILLE Rd, Stafford, VA 22554
For Sale
$900,000
Renovated commercial building with retail and office space.
Property Size4,092 SF
Lot Size0.55 Acres
Price / SF$219.94
Days on Market244
Property Features for 630 GARRISONVILLE Rd
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Units
Listing Agency:
EXIT ELITE REALTY
Listed By:
Christian P Kaila · License #4001000099
(540) 786-8300
Source:
Elliman
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 25 at 5:34AM
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 property on Garrisonville Road (Route 610) in north Stafford County offers a business location with high visibility. The traffic count exceeds 52,000 vehicles per day. The former 3-level residence has been converted into a retail space on the lower two levels, totaling 3,042 square feet. The upper level provides 1,050 square feet of office area, resulting in approximately 4,092 square feet of finished commercial space. The seller renovated the entire building, planning to open a salon with 9 barber stations, one stylist station, one backwash station, a receptionist and waiting area, a bathroom, a central AC unit, and handicap access on the lower level. The second level was planned for 4 stylist stations, one barber station, one pedicure station, one manicure station, two backwash stations, 4 hair treatment machines, a massage and waxing room, and a receptionist and waiting area. The third level features an office area with private offices and a bathroom with a shower, currently leased on a month-to-month basis. The sale includes two lots (101 and 102 Oakridge Drive) totaling 0.5547 acres (24,162 square feet). A parking lot behind the building offers 10 spaces. Other potential uses include an office for professional services and various retail and commercial applications permitted under B-2 Urban Commercial Zoning.
Key Highlights
- High‑visibility location on Garrisonville Road (Route 610) with over 52,000 vehicles per day.
- 4,092 SF of finished commercial space across three levels.
- B‑2 Urban Commercial Zoning allows for a wide range of business uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,789
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,095,780
$1.1M
Cap Rate 7%
$782,700
$782.7K
Cap Rate 9%
$608,767
$608.8K
Market Conditions
NOI Build-Up for 4,092 SF
Gross rent
$85.4K $20.88/SF
− Vacancy
−$12.4K −$3.03/SF
EGI
$73.1K $17.85/SF
− OpEx
−$18.3K −$4.46/SF
NOI
$54.8K $13.39/SF
Area
Stafford County, VA
Vacancy
14.50%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,095,780
Cap Rate 7%
$782,700
Cap Rate 9%
$608,767
Alternative Uses
Best Use
Retail
$1.96M
$1.71M – $2.28M
NOI $136,885 @ 7.0% cap · market cap 15.21%
Second Best
Office B
$782.7K
$684.9K – $913.2K
NOI $54,789 @ 7.0% cap · market cap 6.09%
Theoretical Best
Specialty Retail
$2.27M
$1.99M – $2.65M
NOI $159,097 @ 7.0% cap · market cap 17.68%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
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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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - Renovated commercial building with retail and office space.
Where is this retail space located?
The property is located at 630 GARRISONVILLE Rd Stafford, VA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: High‑visibility location on Garrisonville Road (Route 610) with over 52,000 vehicles per day.; 4,092 SF of finished commercial space across three levels.; B‑2 Urban Commercial Zoning allows for a wide range of business uses.
