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    7202 Centreville Rd Manassas, VA 20111

    Sponsored
    For Sale
    $4,000,000

    Prime 5.96-acre B-1 zoned lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.96-acre commercial land parcel, located at 7202 Centreville Rd in Manassas, Virginia (zip code 20111), presents a remarkable investment opportunity. Zoned B-1, this property boasts numerous permitted uses, including assisted living facilities, event centers, churches, daycare centers, schools, and retail establishments. Additional uses, such as self-storage, gas stations, and truck stops, may be possible with a special use permit. The site offers approximately 430 feet of frontage on Route 28 (Centreville Road), a major thoroughfare with a high volume of traffic (51,000 vehicles per day). Its strategic location at the Fairfax/Prince William County border, on the "coming-home" side of Route 28, ensures high visibility and accessibility. The property's APN is 7897-26-3467. Furthermore, this land is situated within a Qualified Opportunity Zone, offering significant tax advantages for investors. This is a rare opportunity to acquire a well-located, versatile commercial property with substantial development potential. The asking price is $4,000,000.

    Property Features for 7202 Centreville Rd

    General Information

    Property type
    Land
    Lot Size
    259,618 SF

    HighLights

    • $4,000,000 asking price.
    • 5.96‑acre commercial land parcel.
    • B‑1 zoning.
    • Located at 7202 Centreville Rd, Manassas, VA 20111.
    • APN: 7897‑26‑3467.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manassas
    County
    Prince William
    State
    Virginia
    Longitude
    -77.4493509
    Latitude
    38.801502

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    FAQs

    What type of property is this?
    Land - Prime 5.96-acre B-1 zoned lot
    Where is this land located?
    The property is located at 7202 Centreville Rd Manassas, VA.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: $4,000,000 asking price.; 5.96-acre commercial land parcel.; B-1 zoning.
    (703) 863-1895
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    7202 Centreville Rd Manassas, VA 20111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7202 Centreville Rd Manassas, VA 20111
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