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First-Floor Medical Office Space
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7001 HERITAGE VILLAGE PLZ #175, Gainesville, VA 20155

Flexible professional suite with separate access points, private offices, and an open work area.

Property Size1,903 SF
Price / SF$2.83
Days on Market48

Property Features for 7001 HERITAGE VILLAGE PLZ #175

General Information

Standard status Active
Size 1,903 SF
Property subtype Commercial

Additional Details

Floor First Floor

Building Details

Year Built 2007
Listing Agency: Wright Realty, Inc.
Listed By: Edward B Wright III · License #0225039100
Source: Cummingsrealtors
Added: Sep 6 Changed: Oct 21 Last Checked: Oct 20 at 9:42PM

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 Wright Realty, Inc.

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Investment Insights

Based on property information with market context.

This first-floor medical office space contains 1,903 SF with two separate entry points serving reception areas. The interior layout includes three private offices, a copy room, and a substantial open area that can support a range of professional functions. The property was constructed in 2007.

Located at 7001 Heritage Village Plz #175 in Gainesville, Virginia, the suite offers a defined office configuration within the Heritage Hunt community. Its combination of private rooms, reception areas, and adaptable shared space provides a practical setup for medical or general office operations.

Key Highlights

  • 1,903 SF first‑floor medical or office space
  • Two separate entrances with reception areas
  • Three private offices plus copy room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,093
Suggested Prices Based on Cap Rates
Cap Rate 5%
$581,860 $581.9K
Cap Rate 7%
$415,614 $415.6K
Cap Rate 9%
$323,256 $323.3K
Market Conditions
NOI Build-Up for 1,903 SF
Gross rent
$49.8K $26.16/SF
− Vacancy
−$1.3K −$0.68/SF
EGI
$48.5K $25.48/SF
− OpEx
−$19.4K −$10.19/SF
NOI
$29.1K $15.29/SF
Area
Prince William County, VA
Vacancy
2.60%
Lease Rate
$26.16 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$581,860
Cap Rate 7%
$415,614
Cap Rate 9%
$323,256

Alternative Uses

Best Use
Office B
$479.4K
$419.5K – $559.3K (±1% cap)
NOI $33,559 @ 7.0% cap · market cap 622.50%
Second Best
Healthcare Medical
$415.6K
$363.7K – $484.9K (±1% cap)
NOI $29,093 @ 7.0% cap · market cap 539.66%
Theoretical Best
Specialty Retail
$558.9K
$489.0K – $652.0K (±1% cap)
NOI $39,121 @ 7.0% cap · market cap 725.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Commonwealth Sleep Center ... Medical Clinic GH Eye Physician CS Psychological Services Physician Passport Health Gainesville ... Medical Clinic First Class Medical Medical Clinic

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store HVAC Service Garden Center Kitchen & Bath Showroom

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

793
Businesses Nearby
Balanced
Demand for This Use

Demographics for 20155, VA

37,218
Population
12,833
Households
2.9
Avg Household Size
40
Median Age
55%
College-Educated
97%
High-School Grad
25.5 sq mi
ZIP Area
1,460
Density / Sq Mi
$154,531
Median Household Income
$71,853
Median Earnings
$2,648
Median Rent
$630,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • Banfield Pet Hospital — 13241 Gateway Center Dr, Gainesville, VA 20155
  • Stonewall Veterinary Clinic: Collins Cheryl DVM — 7627 Heritage Village Plaza, Gainesville, VA 20155
  • Stonewall Veterinary Clinic — 7627 Heritage Village Plaza, Gainesville, VA 20155
  • Schlichting Olivia DVM — 7627 Heritage Village Plaza, Gainesville, VA 20155, United States

Frequently Asked Questions

What type of property is this?
Medical Office Space - Flexible professional suite with separate access points, private offices, and an open work area.
Where is this medical office space located?
The property is located at 7001 HERITAGE VILLAGE PLZ #175 Gainesville, VA.
What are key features of this property?
This property features: 1,903 SF first‑floor medical or office space; Two separate entrances with reception areas; Three private offices plus copy room
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