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2542 Prince William Pkwy Woodbridge, VA 22192-4149

OFF-MARKET Retail properties & Spaces Google Maps
25,579 SF 2.04 ac lot Built 2001
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$2.80M
Range $2.52M – $3.07M (±10%)
Property ID US87-0836730

Property summary

AI-generated overview

Parkway Crossing West offers exceptional retail opportunities in Woodbridge, Virginia. Two available spaces, ranging from 3,874 to 5,250 square feet, are perfect for multiple tenants. These end-cap spaces are situated in a multi-tenant pad conveniently located adjacent to a Target store, ensuring high visibility and foot traffic. The property enjoys a prime location just off Prince William Parkway, a major thoroughfare boasting an impressive 57,424 average daily traffic count (ADT), and provides easy access to Interstate 95, enhancing accessibility for customers and employees. This strategic location places the property in close proximity to the bustling Potomac Mills Mall and other established shopping centers, benefiting from the established regional draw and the presence of numerous national and regional retailers. The property's high visibility, convenient access, and proximity to major retail destinations make it an ideal location for businesses seeking strong exposure and a thriving customer base in the Woodbridge market. The spaces are adaptable for retail or office/medical use, offering flexibility to suit diverse business needs. This is a rare opportunity to secure prime retail space in a high-traffic, well-established commercial area. The address is 2542 Prince William Pkwy, Woodbridge, VA 22192.

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 2001
Total area 25,579 SF
Lot 2.04 ac (88,732 SF)
Zoning code PLANNED BUS DIST
APN 8292-83-5508
UPID US87-0836730

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Dental Office
  • Dental Office
  • Dental Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.06M
Blend (final) Blend
$2.80M

Owner & transaction history

since 2013
3 recorded transactions
2021
Price N/A
2013
$4.5M
1969
Price N/A

Zoning & alternative use

PLANNED BUS DIST · Woodbridge, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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