4,000 SF Industrial Building
For Sale
$899,500
Pending
97 Wyche Rd, Stafford, VA 22554
4,000 SF industrial building with easy access to I-95.
Property Size4,000 SF
Lot Size0.47 Acres
Days on Market157
Property Features for 97 Wyche Rd
General Information
Standard status
Pending
Size
4,000 SF
Lot size
0.47 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,924
Amenities
Industrial Park
Building Details
Year Built
1998
Listing Agency:
AQUIA REALTY, INC.
(540) 659-2192
Listed By:
RUSSELL D KNIGHT JR. · License #0225017818
Source:
Corcoran
Added: Mar 5
Changed: Aug 8
Last Checked: Aug 7 at 2:06AM
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 AQUIA REALTY, INC.
Investment Insights
Based on property information with market context.
This 4,000 square foot industrial building is located just off I-95. The stand-alone building is situated on a 1/2 acre lot and features abundant parking. The building is equipped with heat and air conditioning, including 5 mini splits and a heat pump. It includes two bay doors and three entry doors. The interior is built out with a conference room, two offices, and a reception area, in addition to a large open warehouse space. The property offers quick and easy access to both I-95 and US 1 Hwy. It is proximate to the Burn's Corner commercial growth area and commuter lot.
Key Highlights
- Quick and easy access to both I‑95 and US 1 Hwy
- 4,000 sq ft stand‑alone industrial building on 1/2 acre**
- Abundant parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,324
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,026,480
$1.0M
Cap Rate 7%
$733,200
$733.2K
Cap Rate 9%
$570,267
$570.3K
Market Conditions
NOI Build-Up for 4,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$84.0K $21.00/SF
− Vacancy
−$5.0K −$1.26/SF
EGI
$79.0K $19.74/SF
− OpEx
−$27.6K −$6.91/SF
NOI
$51.3K $12.83/SF
Area
Stafford County, VA
Vacancy
6.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,026,480
Cap Rate 7%
$733,200
Cap Rate 9%
$570,267
Alternative Uses
Best Use
Flex RnD
$733.2K
$641.6K – $855.4K
NOI $51,324 @ 7.0% cap · market cap 5.71%
Second Best
Warehouse
$599.3K
$524.4K – $699.2K
NOI $41,949 @ 7.0% cap · market cap 4.66%
Theoretical Best
Specialty Retail
$2.22M
$1.94M – $2.59M
NOI $155,520 @ 7.0% cap · market cap 17.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 22554, VA
64,354
Population
20,861
Households
3.1
Avg Household Size
34
Median Age
45%
College-Educated
93%
High-School Grad
64.1 sq mi
ZIP Area
1,004
Density / Sq Mi
$148,268
Median Household Income
$65,672
Median Earnings
$2,000
Median Rent
$482,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - 4,000 SF industrial building with easy access to I-95.
Where is this flex space located?
The property is located at 97 Wyche Rd Stafford, VA.
What is the asking price?
The asking price for this property is $899,500.
What are key features of this property?
This property features: Quick and easy access to both I‑95 and US 1 Hwy; 4,000 sq ft stand‑alone industrial building on 1/2 acre**; Abundant parking
