Professional Office Condo Near
9851 BUSINESS Way Manassas, VA 20110
For Sale
$150,000
Pending
760 SF office condo near Old Town Manassas.
Property Size760 SF
Days on Market97
Property Features for 9851 BUSINESS Way
General Information
Standard status
Pending
Size
760 SF
Property subtype
Commercial
Building Details
Year Built
1987
Listing Agency:
Weber Rector Commerical Real Estate Services, Inc.
(949) 606-6674
Listed By:
Ryan Archibald
(949) 606-6674
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 28 at 7:38AM
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 Weber Rector Commerical Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This 760 SF office condo features an efficient layout suitable for a variety of professional office uses. The suite includes a large reception/waiting area, 2 spacious private offices, a private restroom, break room, and utility/storage room, all connected by a functional hallway layout that maximizes usable space. The configuration provides a welcoming client-facing reception area with dedicated workspace for staff and ownership. This turn-key office condo is well suited for an owner-user or investor. Located in Ashton Professional Center just outside Old Town Manassas, this property offers convenient access to major local thoroughfares and key government services. The building is approximately a quarter mile from both Wellington Road and Rt. 28/Nokesville Rd. and about 1 mile from the Prince William County Courthouse, making it well suited for legal, professional, and administrative users seeking proximity to the courthouse and downtown Manassas. The location has a bike score of 41, indicating it is somewhat bikeable, a walk score of 65, indicating it is somewhat walkable, and a transit score of 22, indicating minimal transit.
Key Highlights
- Turn‑key office condo, ideal for owner‑user or investor.
- Convenient access to Wellington Road & Rt. 28 and key government services.
- Proximity to Prince William County Courthouse (approx. 1 mile).
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.9k | $20.88 |
| − Vacancy | −$2.3k | −$3.03 |
| EGI | $13.6k | $17.85 |
| − OpEx | −$3.4k | −$4.46 |
| NOI | $10.2k | $13.39 |
760 SF · lease $20.88/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$145.4K
$127.2K – $169.6K
NOI $10,176 @ 7.0% cap · market cap 6.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$422.1K
$369.4K – $492.5K
NOI $29,549 @ 7.0% cap · market cap 19.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - 760 SF office condo near Old Town Manassas.
Where is this office units located?
The property is located at 9851 BUSINESS Way Manassas, VA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Turn‑key office condo, ideal for owner‑user or investor.; Convenient access to Wellington Road & Rt. 28 and key government services.; Proximity to Prince William County Courthouse (approx. 1 mile).
