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Office Unit

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

For Sale
$325,000

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 Market52

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 VA #0225086390
Source: Cathyshometeam
Added: Sep 24 Changed: Nov 8 Last Checked: Nov 12 at 7:36AM

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

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

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. How Realmo checks its estimates

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

Average Price Trend$/SF for Office Units in Manassas, VA

$177 Jul
$158 Aug
$199 Sep
$196 Oct

Properties on Market for Office Units in Manassas

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - B1-zoned office space near I-66 and Route 234; prospective uses should be confirmed with zoning officials.
Where is this office unit 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)
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Includes: Price & PSF · Cap rate · Location · Zoning

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