Renovated Office
For Sale
$278,500
B-9250 Mosby St, Manassas, VA 20110
Professional office suite with private offices, conference room, kitchenette, and assigned parking.
Property Size1,114 SF
Price / SF$250
Days on Market11
Property Features for B-9250 Mosby St
General Information
Standard status
Active
Size
1,114 SF
Taxes and HOA fees
Annual Taxes
$2,863
Building Details
Year Renovated
2015
Listing Agency:
Weber Rector Commerical Real Estate Services, Inc.
(703) 330-1224
Listed By:
George R Charlton
(703) 330-1224
Source:
Exprealty
Added: Aug 20
Changed: Aug 29
Last Checked: Aug 29 at 10:38AM
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 office condominium offers 1,114 SF of professional workspace arranged with a reception area, private offices, conference room, kitchenette, and two restrooms. Renovations completed in 2013/2015 included updated HVAC, windows, flooring, plumbing fixtures, crown moulding, and Cat 5 wiring. Assigned parking spaces are included with the unit.
The property is located at B-9250 Mosby St within Mosby Square Professional Center. It sits 0.2 miles from the Prince William County Courthouse and within walking distance of Historic Old Town Manassas, with nearby restaurants, shopping, and other local amenities.
The property is located at B-9250 Mosby St within Mosby Square Professional Center. It sits 0.2 miles from the Prince William County Courthouse and within walking distance of Historic Old Town Manassas, with nearby restaurants, shopping, and other local amenities.
Key Highlights
- 1,114 SF office condominium
- Renovated in 2013/2015 with updated HVAC, windows, flooring, and plumbing fixtures
- Reception area, private offices, conference room, kitchenette, and two restrooms
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
$14,916
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
5.36%
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%
$298,320
$298.3K
Cap Rate 7%
$213,086
$213.1K
Cap Rate 9%
$165,733
$165.7K
Market Conditions
NOI Build-Up for 1,114 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
$23.3K $20.88/SF
− Vacancy
−$3.4K −$3.03/SF
EGI
$19.9K $17.85/SF
− OpEx
−$5.0K −$4.46/SF
NOI
$14.9K $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 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%
$298,320
Cap Rate 7%
$213,086
Cap Rate 9%
$165,733
Alternative Uses
Best Use
Office B
$213.1K
$186.5K – $248.6K
NOI $14,916 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$618.7K
$541.4K – $721.9K
NOI $43,312 @ 7.0% cap · market cap 15.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,414
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Professional office suite with private offices, conference room, kitchenette, and assigned parking.
Where is this office units located?
The property is located at B-9250 Mosby St Manassas, VA.
What is the asking price?
The asking price for this property is $278,500.
What are key features of this property?
This property features: 1,114 SF office condominium; Renovated in 2013/2015 with updated HVAC, windows, flooring, and plumbing fixtures; Reception area, private offices, conference room, kitchenette, and two restrooms
