Property profile

8424 Dorsey Cir Manassas, VA 20110

OFF-MARKET
Office Spaces
1,742 SF Built 1990
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Property summary

AI-generated overview

This exceptional 1,742 square foot office condo in Manassas, Virginia, presents a compelling investment opportunity. Currently 100% occupied with a single tenant under a gross lease, this property offers immediate rental income and significant owner-user potential. Built in 1990, this single-story building, zoned B4 General Commercial, features two combined units easily separable, providing flexibility for future use. Amenities include a large conference room, two bathrooms, a kitchenette, and a reception area, along with ample parking. Located in a high-traffic area of Manassas, this property boasts excellent visibility and accessibility. The current lease includes rent bumps. Ideal for small to medium-sized businesses or professional services, this property offers a blend of immediate return and long-term growth potential. The asking price is $350,000, translating to $200.92 per square foot. Financial details regarding the lease are available upon request. This is a rare opportunity to acquire versatile office space in a prime Manassas location. Don't miss out on this chance to secure a strong investment or a future home for your business.

Property profile

Verified
Property type Office Spaces
Year built 1990
Total area 1,742 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Geriatric Care Provider Nursing Home
  • Physician
  • Pediatrician Physician
  • Physician

Location

8424 Dorsey Cir Manassas, VA 20110
Manassas metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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