Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4343 Ridgewood Center Dr Woodbridge, VA 22192
    Back to Search
    Property profile & analytics

    4343 Ridgewood Center Dr Woodbridge, VA 22192

    View on Map
    • Office Spaces
    • 1,673 SF
    • 0.05 lot acres
    For Sale
    $748,000
    View Listing →
    Office Building Near County Complex For Sale
    $748,000

    Office Building Near County Complex

    Office property with long-term tenant, near Prince William Parkway.

    4343 Ridgewood Center Dr, Woodbridge, VA 22192
    View Listing
    Property ID
    US87-0104727
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    5.5%
    Office Spaces
    Location Intelligence

    Current Use by Public Records

    • Cozzens Dennis T MD / Physician

    Property Details for 4343 Ridgewood Center Dr

    Year built
    1987
    Lot size
    0.05 lot acres
    Property size
    1,673 SF
    Zone code
    LOW-RISE OFFICE
    Property type
    Office Spaces
    APN
    8193-40-2329.01
    APU
    819340232901

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $570,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $525,000
      6.5%
      $485,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $823,000
      Market price range: $466k - $1.17M
      AI Estimate
      $578,000
      Market price range: $446k - $746k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $820,000
      Current use
      AUTO REPAIR, GARAGE
      $1,035,000
      Change: +27% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $985,000
      Change: +21% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $770,000
      Change: -6% Conversion: Difficult
      MEDICAL BUILDING
      $710,000
      Change: -13% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodbridge
    County
    Prince William
    State
    Virginia
    Longitude
    -77.3396
    Latitude
    38.6731
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,220
    $50,300
    $259,200
    $309,500
    -
    $50,300
    $259,200
    $309,500

    Comparable in this City

    • Value Estimation by Request

      13000 Hbr Ctr Dr

      Medical Office Space
      13000 Hbr Ctr Dr, Woodbridge, VA 22192
      View Details
    • Value Estimation by Request
      113,629 SF

      2801-3124 Ps Business Center Dr

      Flex space • 113,629 SF
      2801-3124 Ps Business Center Dr, Woodbridge, VA 22192
      View Details
    • Value Estimation by Request

      3130 Golansky Blvd

      Office Spaces
      3130 Golansky Blvd, Woodbridge, VA 22192
      View Details
    • Value Estimation by Request
      600 SF

      12512 Lk Rdg Dr Ste B

      CONDOMINIUM OFFICES • 600 SF
      12512 Lk Rdg Dr Ste B, Woodbridge, VA 22192-2387
      View Details
    • Value Estimation by Request
      730 SF

      12662 Lk Rdg Dr Ste B

      CONDOMINIUM OFFICES • 730 SF
      12662 Lk Rdg Dr Ste B, Woodbridge, VA 22192-7507
      View Details
    • Value Estimation by Request
      1,006 SF

      3114 Golansky Blvd Ste, Unit 202

      CONDOMINIUM OFFICES • 1,006 SF
      3114 Golansky Blvd Ste, Woodbridge, VA 22192-4231
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Woodbridge Office Space - 1000 SF

      Prime Woodbridge office, renovated, ample parking.
      3130 Golansky Blvd, Woodbridge, VA 22192
      View Details
    • Contact for pricing
      1.33 Acres

      Woodbridge Office Suite for Lease

      Private Office, Shared Amenities, $600/Month
      12751 Marblestone Dr, Woodbridge, VA 22192
      View Details
    • $748,000

      Office Building Near County Complex

      Office property with long-term tenant, near Prince William Parkway.
      4343 Ridgewood Center Dr, Woodbridge, VA 22192
      View Details
    • $3,800,000
      15,000 SF

      Prime Woodbridge Office Building For Sale

      15,000 SF brick office building with strong tenant leases.
      2050 Old Bridge Rd, Woodbridge, VA 22192
      View Details
    • $360,000

      Turn Key Professional Office

      Professional office space with existing tenant and ample parking.
      12710 Directors Loop, Woodbridge, VA 22192
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      2750 Killarney Dr, Woodbridge, VA 22192

      Office Spaces
      2750 Killarney Dr, Woodbridge, VA 22192
      View Details
    • Contact for pricing

      Office Space Available For Lease

      Office space for lease in Woodbridge, Virginia.
      13580 Groupe Dr, 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
    • $60 SF/Yr

      Office Spaces in Woodbridge, VA

      Multiple office units available for lease in Woodbridge, Virginia.
      13000 Harbor Dr, Woodbridge, VA 22192
      View Details
    • $2,500 /Mo

      Office Space in Woodbridge, VA

      Office space available December 2025 in Woodbridge, Virginia.
      4311 Ridgewood Center Dr, Woodbridge, VA 22192
      View Details
    • $20 SF/Yr

      Office Building Near I-95

      Office building in Woodbridge, ideal for defense contractors.
      13000 Hbr Ctr Dr, Woodbridge, VA 22192
      View Details
    View Listing
    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.
    4343 Ridgewood Center Dr
    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

    Thank You for Inquiry
    4343 Ridgewood Center Dr, Woodbridge, VA, 22192
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!