Corner Flex Space with Loading
8306 RUGBY ROAD, Manassas Park, VA 20111
For Sale
Contact for pricing
Commercial building combines office, warehouse, and support areas near I-66.
Property Size18,000 SF
Price / SF$0.57
Days on Market99
Property Features for 8306 RUGBY ROAD
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Dock-High Doors
Building Details
Year Built
Listing Agency:
Samson Properties
(703) 378-8810
Listed By:
Frank Madden · License VA #00225200331
(571) 221-2062
Source:
Cummingsrealtors
Added: Aug 5
Changed: Nov 10
Last Checked: Nov 10 at 7:13AM
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 Samson Properties
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Investment Insights
Based on property information with market context.
This 18,000-square-foot flex property at 8306 Rugby Road includes warehouse space, nine offices, a kitchen, and three bathrooms. The corner-unit layout features two loading docks, extensive windows, and drop ceilings, creating a combination of operational and office areas within one building. Built in 2003, the property is currently configured for church use and is also identified for retail or warehouse use.
Located in Manassas Park near I-66, the property offers a position with access to the interstate. Its mix of warehouse, office, and support areas provides a flexible commercial configuration for a range of operations consistent with the stated retail or warehouse use.
Located in Manassas Park near I-66, the property offers a position with access to the interstate. Its mix of warehouse, office, and support areas provides a flexible commercial configuration for a range of operations consistent with the stated retail or warehouse use.
Key Highlights
- 18,000 SF flex property at 8306 Rugby Road, Manassas Park, VA 20111
- Two loading docks support warehouse operations
- Nine offices, a kitchen, and three bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$181,440
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,628,800
$3.6M
Cap Rate 7%
$2,592,000
$2.6M
Cap Rate 9%
$2,016,000
$2.0M
Market Conditions
NOI Build-Up for 18,000 SF
Gross rent
$270.0K $15.00/SF
− Vacancy
−$10.8K −$0.60/SF
EGI
$259.2K $14.40/SF
− OpEx
−$77.8K −$4.32/SF
NOI
$181.4K $10.08/SF
Area
Manassas Park County, VA
Vacancy
4.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,628,800
Cap Rate 7%
$2,592,000
Cap Rate 9%
$2,016,000
Alternative Uses
Best Use
Office B
$3.44M
$3.01M – $4.02M
NOI $241,007 @ 7.0% cap
Second Best
Flex RnD
$3.30M
$2.89M – $3.85M
NOI $230,958 @ 7.0% cap
Theoretical Best
Specialty Retail
$10.00M
$8.75M – $11.66M
NOI $699,840 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
2
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20111, VA
38,883
Population
12,066
Households
3.2
Avg Household Size
34
Median Age
30%
College-Educated
81%
High-School Grad
16.4 sq mi
ZIP Area
2,371
Density / Sq Mi
$109,785
Median Household Income
$52,377
Median Earnings
$2,020
Median Rent
$449,400
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
Frequently Asked Questions
What type of property is this?
Flex space - Commercial building combines office, warehouse, and support areas near I-66.
Where is this flex space located?
The property is located at 8306 RUGBY ROAD Manassas Park, VA.
What are key features of this property?
This property features: 18,000 SF flex property at 8306 Rugby Road, Manassas Park, VA 20111; Two loading docks support warehouse operations; Nine offices, a kitchen, and three bathrooms
