Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Pkwy Xing Woodbridge, VA 22192

    • Retail properties
    • 4,124 SF
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Pkwy Xing

    Property size
    4,124 SF
    Property type
    Retail properties

    Description

    This exceptional retail opportunity presents itself at Parkway Crossing East in Woodbridge, Virginia. Located in Prince William County, this single-story shopping center offers a total of 4,124 square feet across two suites. Currently, the entire space is available for lease, providing a unique chance for a single tenant to occupy the entire building or for two tenants to occupy individual spaces. The minimum leasable space is 1,403 square feet, while the maximum contiguous space available is 2,721 square feet. This versatile property is ideal for a variety of retail businesses seeking high visibility and convenient access. The property's address is Parkway Crossing East, Woodbridge, VA 22192. Its prime location within Prince William County offers excellent exposure to a thriving community. The property's single-story design ensures easy accessibility for customers and staff alike. This is a rare opportunity to secure a prominent retail space in a desirable location. The flexible space allows for customization to suit individual business needs, making it an attractive option for a wide range of retail concepts. Interested parties are encouraged to inquire for further details and leasing information. Don't miss this chance to establish your business in this vibrant Woodbridge community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Woodbridge
    County
    Prince William
    State
    Virginia
    Longitude
    -77.2843
    Latitude
    38.6527

    Comparable in this City

    • Value Estimation by Request
      505,101 SF

      Prince William Pkwy. & Smoketown Rd

      Office Properties & Spaces • 505,101 SF
      0 Prince William Pkwy. & Smoketown Rd, Woodbridge, VA 22192
      View Details
    • Value Estimation by Request

      2860 Garber Way

      Individual retail properties
      2860 Garber Way, Woodbridge, VA 22192
      View Details
    • Value Estimation
      $6,615,000
      42,993 SF

      2600 Opitz Blvd

      DEPARTMENT STORE • 42,993 SF
      2600 Opitz Blvd, Woodbridge, VA 22192-6813
      View Details
    • Value Estimation
      $7,775,000
      51,784 SF

      2500 Prince William Pkwy

      DEPARTMENT STORE • 51,784 SF
      2500 Prince William Pkwy, Woodbridge, VA 22192-4149
      View Details
    • Value Estimation by Request
      2,100 SF

      14400 Smoketown Rd

      Retail properties • 2,100 SF
      14400 Smoketown Rd, Woodbridge, VA 22192
      View Details
    • Value Estimation by Request

      2452 Prince William Pkwy

      Retail properties
      2452 Prince William Pkwy, Woodbridge, VA 22192
      View Details

    Similar Nearby for Sale

    • New
      $60,000

      Profitable Business in Lake Ridge

      Profitable art and framing gallery business for sale in Lakeridge.
      4164 Merchant Plz, Woodbridge, VA 22192
      View Details
    • $49,500

      Turnkey Nail and Waxing Salon

      Established nail and waxing salon in Woodbridge near Potomac Mills.
      2820 Prince William Pkwy, Woodbridge, VA 22192
      View Details
    • $5,500,000
      4,800 SF

      Prime Woodbridge Marina & Home

      Profitable Waterfront Mixed-Use Property
      1210 Swan Point Rd, Woodbridge, VA 22192
      View Details
    • $2,600,000
      4.78 Acres

      3945 Prince William Pkwy

      Land • 4.78 Acres
      3945 Prince William Pkwy, Woodbridge, VA 22192
      View Details
    • $3,945,000
      4 SF

      Land Parcel with Development Potential

      Land parcel with site plan approval for hotel development.
      13704 Telegraph Rd, Woodbridge, VA 22192
      View Details
    • $415,000

      Woodbridge Specialty Property For Sale

      Specialty property available for purchase in Woodbridge, Virginia.
      3349 Wyndale Ct, Woodbridge, VA 22192
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,317 SF

      Woodbridge Retail Space for Lease

      High-traffic retail spaces near Target.
      2452 Prince William Pkwy, Woodbridge, VA 22192
      View Details
    • Contact for pricing
      505,101 SF

      Smoketown Station Executive Suites

      Prime I-95 Retail/Office Space Available
      0 Prince William Pkwy. & Smoketown Rd, Woodbridge, VA 22192
      View Details
    • Contact for pricing
      4,124 SF

      Parkway Crossing East Retail Space

      Woodbridge, VA Shopping Center - For Lease
      0 Pkwy Xing, Woodbridge, VA 22192
      View Details
    • $28 SF/Yr
      2,100 SF

      Prince William Square Retail Space

      2,100 SF Retail Space Available Now
      14400 Smoketown Rd, Woodbridge, VA 22192
      View Details
    • Contact for pricing
      4,780 SF

      Old Bridge Road Retail Spaces

      Prime Retail Space, Flexible Sizes Available
      3909 Old Bridge Rd, Woodbridge, VA 22192
      View Details
    • Contact for pricing
      9,124 SF

      Parkway Crossing West Retail Space

      Woodbridge retail spaces, high traffic area.
      2542 Prince William Pkwy, Woodbridge, VA 22192
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Pkwy Xing
    Woodbridge, VA 22192
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.