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    Property profile & analytics

    9420 Forestwood Ln Manassas, VA 20110

    • Office properties & Spaces
    • 9,981 SF
    For Sale
    View listing
    $2,600,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Comprehensive Sleep Care Center Manassas / Medical Clinic
    • DaVita Bull Run Dialysis / Medical Clinic
    • Lighthouse Pediatric Dental Team / Dental Office
    • Victorious HealthCare Services LLC / Geriatric Care Provider / Nursing Home
    • Dr. Nivedita Chander / Physician / Medical Clinic

    Property Details for 9420 Forestwood Ln

    Property size
    9,981 SF
    Property type
    Office properties & Spaces
    Property subtype
    Medical Office Space

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Manassas
    County
    Manassas City
    State
    Virginia
    Longitude
    -77.4787
    Latitude
    38.7669

    Comparable in this City

    • Value Estimation by Request
      21,675 SF

      9324 West St

      Medical Office Space • 21,675 SF
      9324 West St, Manassas, VA 20110
      View Details
    • Value Estimation by Request

      9306 Forest Point Cir

      Medical Office Space
      9306 Forest Point Cir, Manassas, VA 20110
      View Details
    • Value Estimation by Request
      1,742 SF

      8424 Dorsey Cir

      Medical Office Space • 1,742 SF
      8424 Dorsey Cir, Manassas, VA 20110
      View Details
    • Value Estimation by Request

      9430 Forestwood Ln

      Coworking space
      9430 Forestwood Ln, Manassas, VA 20110
      View Details
    • Value Estimation by Request
      2,313 SF

      10227 Nokesville Rd

      MEDICAL BUILDING • 2,313 SF
      10227 Nokesville Rd, Manassas, VA 20110-4133
      View Details
    • Value Estimation
      $1,025,000
      4,909 SF

      9050 Liberia Ave

      MEDICAL BUILDING • 4,909 SF
      9050 Liberia Ave, Manassas, VA 20110-5322
      View Details

    Similar Nearby for Sale

    • $2,600,000
      9,981 SF

      Manassas Dialysis Center Investment

      High-yield NNN leased medical office.
      9420 Forestwood Ln, Manassas, VA 20110
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      Manassas Medical Office Suites for Lease

      Two furnished exam rooms, immediate occupancy.
      9306 Forest Point Cir, Manassas, VA 20110
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    • $360,000
      1,687 SF

      Amazing Opportunity for the firm's principal office. This property features 6 offices and two bathrooms! Double Story. Seller will compensate up to $4500 for the new carpet. Great visibility and access to 234 Sudley Rd across from Prince William Hospital. Condo Fee is $345\/month\r\n \r\n """"}"""

      Manassas Office Condo - Great Visibility
      8573 Sudley Rd, Manassas, VA 20110
      View Details
    • $175,000
      858 SF

      Manassas Office Condo - Investment Opportunity

      High-traffic location, immediate rental income.
      8401 Dorsey Cir, Manassas, VA 20110
      View Details
    • Contact for pricing
      0.51 Acres

      Manassas Office Suite For Lease

      Second-floor office, furnished option, utilities included.
      8803 Sudley Rd, Manassas, VA 20110
      View Details
    • $175,000
      881 SF

      Manassas Office Condo - Investment Opportunity

      High-traffic location, immediate rental income.
      8421 Dorsey Cir, Manassas, VA 20110
      View Details

    Similar Nearby for Lease

    • $29 SF/Yr
      30,702 SF

      VF&N Building: Prime Old Town Office

      Class A Office Suites, Manassas, VA
      9200 Church St, Manassas, VA 20110
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    • $25 SF/Yr
      2,352 SF

      Manassas Office Space for Lease

      Prime Old Town Manassas Office
      9329 Battle St, Manassas, VA 20110
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    • $1,000 /Mo

      Medical Exam Rooms For Lease

      Furnished medical exam rooms available for immediate occupancy.
      9306 Forest Point Cir, Manassas, VA 20110
      View Details
    • $2,500 /Mo

      Manassas Medical Office Space Available

      Turnkey medical office space near Prince William County Hospital.
      8701 Digges Rd, Manassas, VA 20110
      View Details
    • $2,500 /Mo
      6,098 SF

      Manassas Medical/Professional Office Space

      Turnkey office space near hospital, ideal for medical or professional.
      8701 Digges Rd, Manassas, VA 20110
      View Details
    • Contact for pricing

      Medical Office Space For Rent

      Office space across from Prince William Hospital with recent updates.
      9625 Surveyor Ct, Manassas, VA 20110
      View Details
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    9420 Forestwood Ln
    Manassas, VA 20110
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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