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Office Unit
For Sale
$325,000

7528 DIPLOMAT DR #15-1 15-1, Manassas, VA 20109

B1-zoned office space near I-66 and Route 234; prospective uses should be confirmed with zoning officials.

Property Size927 SF
Price / SF$350.59
Days on Market13

Property Features for 7528 DIPLOMAT DR #15-1 15-1

General Information

Standard status Active
Size 927 SF
Zoning B1

Additional Details

Highway Access Yes
Listing Agency: The Vasquez Group LLC
Listed By: Maria L Vasquez · License #0225086390
Source: Cathyshometeam
Added: Sep 24 Last Checked: Oct 5 at 6:33PM

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 The Vasquez Group LLC

Investment Insights

Based on property information with market context.

This 927-square-foot office unit is zoned B1. Prospective buyers should verify that their intended use is permitted with the zoning department.

The property is near I-66 and Route 234, also known as Sudley Road, and a short drive from downtown Manassas.

Key Highlights

  • 927‑square‑foot office unit
  • B1 zoning; confirm specific use with the zoning department
  • Near I‑66 and Route 234 (Sudley Road)

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,412
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,240 $248.2K
Cap Rate 7%
$177,314 $177.3K
Cap Rate 9%
$137,911 $137.9K
Market Conditions
NOI Build-Up for 927 SF
Gross rent
$19.4K $20.88/SF
− Vacancy
−$2.8K −$3.03/SF
EGI
$16.5K $17.85/SF
− OpEx
−$4.1K −$4.46/SF
NOI
$12.4K $13.39/SF
Area
Manassas Park 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%
$248,240
Cap Rate 7%
$177,314
Cap Rate 9%
$137,911

Alternative Uses

Best Use
Office B
$177.3K
$155.2K – $206.9K (±1% cap)
NOI $12,412 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$514.9K
$450.5K – $600.7K (±1% cap)
NOI $36,042 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

328
Businesses Nearby

Demographics for 20109, VA

43,849
Population
15,673
Households
2.8
Avg Household Size
32
Median Age
35%
College-Educated
83%
High-School Grad
23.8 sq mi
ZIP Area
1,842
Density / Sq Mi
$88,966
Median Household Income
$44,306
Median Earnings
$1,928
Median Rent
$411,700
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Office units - B1-zoned office space near I-66 and Route 234; prospective uses should be confirmed with zoning officials.
Where is this office units located?
The property is located at 7528 DIPLOMAT DR #15-1 15-1 Manassas, VA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 927‑square‑foot office unit; B1 zoning; confirm specific use with the zoning department; Near I‑66 and Route 234 (Sudley Road)
More about this property
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