Second-Level Office
For Sale
Contact for pricing
9105 OWENS DRIVE #C201, Manassas Park, VA 20111
End-unit professional office condominium with a practical commercial layout in a two-level building.
Property Size1,200 SF
Price / SF$1.63
Days on Market53
Property Features for 9105 OWENS DRIVE #C201
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial
Additional Details
Floor
Second Level
HOA Fee
$150
Building Details
Year Built
1989
Listing Agency:
Keller Williams Realty/Lee Beaver & Assoc.
(703) 330-2222
Listed By:
Edward A. Martin · License #WVS250304120
(703) 867-3350
Source:
Cummingsrealtors
Added: Aug 31
Changed: Oct 21
Last Checked: Oct 20 at 10:13PM
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 Keller Williams Realty/Lee Beaver & Assoc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite C201 is a second-level end-unit office condominium at 9105 Owens Drive in Manassas Park, Virginia. The property contains 1,200 square feet and was built in 1989. Its professional office configuration provides a defined commercial setting for an owner-user or business operation.
Key Highlights
- 1,200‑square‑foot office condominium
- End‑unit position in the building
- Suite C201 on the second level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,067
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,340
$321.3K
Cap Rate 7%
$229,529
$229.5K
Cap Rate 9%
$178,522
$178.5K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$25.1K $20.88/SF
− Vacancy
−$3.6K −$3.03/SF
EGI
$21.4K $17.85/SF
− OpEx
−$5.4K −$4.46/SF
NOI
$16.1K $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%
$321,340
Cap Rate 7%
$229,529
Cap Rate 9%
$178,522
Alternative Uses
Best Use
Office B
$229.5K
$200.8K – $267.8K
NOI $16,067 @ 7.0% cap · market cap 823.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$666.5K
$583.2K – $777.6K
NOI $46,656 @ 7.0% cap · market cap 2,392.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
516
Businesses Nearby
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - End-unit professional office condominium with a practical commercial layout in a two-level building.
Where is this office unit located?
The property is located at 9105 OWENS DRIVE #C201 Manassas Park, VA.
What are key features of this property?
This property features: 1,200‑square‑foot office condominium; End‑unit position in the building; Suite C201 on the second level
