8197 Euclid Ct Manassas Park, VA 20111
- Industrial properties
- 1.53 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 8197 Euclid Ct
- Year built
- 1990
- Lot size
- 1.53 lot acres
- Zone code
- I-1
- Property type
- Industrial properties
- APN
- 11-2-65
- APU
- 11265
Description
This exceptional industrial property, located at 8197 Euclid Court in Manassas Park, Virginia (zip code 20111), offers 24,300 square feet of flexible space in a free-standing building on a 1.54-acre lot. Built in 1990, the building features two suites, with a minimum divisible space of 13,500 square feet and a maximum contiguous space of 24,300 square feet. Currently, the entire 24,300 square feet is vacant and available for lease. The property boasts a 22-foot ceiling height, six drive-in bays, and ample parking with 30 total spaces. The I-1 zoning allows for a variety of uses, including manufacturing, assembly, and distribution. The building is constructed of solid tilt-up concrete and includes central heating and air conditioning. A security-fenced exterior storage yard provides additional space. Conveniently located in the Washington DC Metro submarket, this property offers easy access to major transportation routes. Property taxes are $1.36 per square foot. This represents a below-market rental opportunity in a highly desirable location. The property's features and location make it an ideal choice for businesses seeking efficient and versatile industrial space in Northern Virginia.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,230,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,200,000
- 6.5%
- $4,990,000
- 7%
- $4,495,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,760,000
- Geo Method
- $4,490,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,540,000
- Retail
- $5,185,000
- Mixed-Use
- $5,995,000
- Hospitality
- $5,605,000
- Educational
- $5,940,000
- Residential Income
- $4,905,000
- Energy
- $4,930,000
- Income-Based Land
- $5,700,000
- Food Service
- $5,865,000
Location Insight
- Map
- Local Demand
- City
- Manassas Park
- County
- Manassas Park City
- State
- Virginia
- Longitude
- -77.4389
- Latitude
- 38.7797
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA