8197 Euclid Ct Manassas Park, VA 20111-4810
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.
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Manassas Park, VAThe 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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.