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Property profile & analytics
OFF-MARKET Estimated value $4,825,000
Industrial properties

8197 Euclid Ct Manassas Park, VA 20111-4810

1.53 ac lot Built 1990
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US87-1040752
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1990
Lot 1.53 ac (66,647 SF)
Zoning code I-1
APN 11-2-65
UPID US87-1040752
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.98M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.83M
Owner & transaction history
8197 Euclid Court LLC · 4 yrs held
8197 Euclid Court LLC
since 2022
Last sale
$4.8M
1 recorded transaction
2022
$4.8M
Zoning & alternative use
I-1 · Manassas Park, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The intent of this district is to promote employment opportunities and enhance the city's tax base through the development of research and development centers, light industrial manufacturing, warehousing, and related office and institutional uses.

Zone name Industrial
General category INDUSTRIAL
Zone area 211.75 ac
Source Realmo
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