4-Office Coworking
New
For Sale
Contact for pricing
9420 Forestwood Lane # 203, Manassas, VA 20110
B1-zoned workspace includes receptionist services, a conference room, and a class or training room.
Property Size2,575 SF
Price / SF$1.09
Days on Market2
Property Features for 9420 Forestwood Lane # 203
General Information
Standard status
Active
Size
2,575 SF
Property subtype
Commercial
Zoning
B1
Lease Term
12 Months
Additional Details
Floor
2
Office Units
4
Amenities
receptionist services
conference room
class/training room
kitchen
coffee stand
Electric
Yes
No
Public
0.00
Estimated
Parking Lot
Paved
Slab
2575.00
Building Details
Year Built
2005
Listing Agency:
Coldwell Banker Commercial
(856) 222-0077
Listed By:
Christopher Twardy · License #1540241
(609) 304-2314
Source:
Thetristaterealestategroup
Added: Oct 16
Last Checked: Oct 16 at 2:15PM
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 Coldwell Banker Commercial
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.
Four office spaces are available on the second floor of this 2,575-SF coworking property, built in 2005. The workspace includes a reception area, waiting lounge, and two toilets, along with receptionist services and access to a conference room, class or training room, kitchen, and coffee stand. Utilities are included with the office spaces.
The property is zoned B1. Open parking is available in the paved lot.
The property is zoned B1. Open parking is available in the paved lot.
Key Highlights
- Four office spaces available on the second floor
- 2,575 SF; built in 2005
- B1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,477
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,540
$689.5K
Cap Rate 7%
$492,529
$492.5K
Cap Rate 9%
$383,078
$383.1K
Market Conditions
NOI Build-Up for 2,575 SF
Gross rent
$53.8K $20.88/SF
− Vacancy
−$7.8K −$3.03/SF
EGI
$46.0K $17.85/SF
− OpEx
−$11.5K −$4.46/SF
NOI
$34.5K $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%
$689,540
Cap Rate 7%
$492,529
Cap Rate 9%
$383,078
Alternative Uses
Best Use
Office B
$492.5K
$431.0K – $574.6K
NOI $34,477 @ 7.0% cap · market cap 1,231.32%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $100,116 @ 7.0% cap · market cap 3,575.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Office units
Location Intelligence
Trade Area within ½ mile
1,687
Businesses Nearby
Explore this area
Business Placement
Demographics for 20110, VA
49,120
Population
16,289
Households
3
Avg Household Size
35
Median Age
34%
College-Educated
82%
High-School Grad
12.8 sq mi
ZIP Area
3,838
Density / Sq Mi
$120,397
Median Household Income
$53,126
Median Earnings
$1,863
Median Rent
$445,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Coworking space - B1-zoned workspace includes receptionist services, a conference room, and a class or training room.
Where is this coworking space located?
The property is located at 9420 Forestwood Lane # 203 Manassas, VA.
What are key features of this property?
This property features: Four office spaces available on the second floor; 2,575 SF; built in 2005; B1 zoning
