Office Unit with Highway
For Sale
$325,000
7528 DIPLOMAT DRIVE #15-1, Manassas, VA 20109
B1-zoned office space positioned near I-66 and Route 234.
Property Size927 SF
Price / SF$350.59
Days on Market57
Property Features for 7528 DIPLOMAT DRIVE #15-1
General Information
Standard status
Active
Size
927 SF
Property subtype
Commercial
Zoning
B1
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1985
Listing Agency:
The Vasquez Group LLC
(703) 787-7903
Listed By:
Maria L Vasquez · License #0225086390
(571) 334-5118
Source:
Cummingsrealtors
Added: Aug 12
Changed: Oct 6
Last Checked: Oct 5 at 6:50PM
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 located at 7528 Diplomat Dr #15-1 in Manassas. Constructed in 1985, the property offers a commercial office setting within a B1 zoning district. Its position near I-66 and Route 234, also known as Sudley Road, supports convenient regional access, while downtown Manassas is only minutes away. The unit is just off Route 234 and benefits from a high-traffic setting. Prospective buyers should confirm that their intended use complies with applicable B1 zoning requirements.
Key Highlights
- 927 sq. ft. office unit
- B1 zoning designation
- 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
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
NOI $36,042 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,486
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - B1-zoned office space positioned near I-66 and Route 234.
Where is this office units located?
The property is located at 7528 DIPLOMAT DRIVE #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 sq. ft. office unit; B1 zoning designation; Near I‑66 and Route 234 (Sudley Road)
