Technical
Financial
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Property profile

8428 Quarry Rd Manassas, VA 20110

OFF-MARKET
Manufacturing properties
Property ID
US87-0639445
5,400 SF 1.08 ac lot Built 1985
Individually Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 9,000 square foot industrial property, ideally situated on the corner of Quarry Road and Liberia Avenue in Manassas, Virginia, presents a unique investment opportunity. The building boasts a versatile layout, perfectly suited for a variety of businesses. Half of the space is dedicated to warehouse functionality, featuring two oversized drive-in doors for easy loading and unloading of materials. The remaining half comprises well-appointed office space, including a showroom, a dedicated server room for secure data storage, a formal conference room for client meetings, a comfortable waiting area, a reception area to greet visitors, a convenient kitchen, and ten private offices to ensure employee productivity and privacy. Adding to the property's practicality are two small, fenced outside storage yards, complete with electrical hookups, providing ample space for equipment or inventory storage. The property sits on a 1.08-acre lot, offering significant potential for expansion or future development. The I2 zoning within the City of Manassas allows for a wide range of industrial uses, making this a highly desirable location for contractors, distributors, or other businesses seeking a blend of warehouse and office space. The asking price is $3,000,000. This prime location and versatile building offer a compelling opportunity for significant return on investment. Don't miss this chance to acquire a well-maintained and strategically located industrial property in a thriving area.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1985
Total area 5,400 SF
Lot 1.08 ac (47,106 SF)
Zoning code HEAVY INDUSTRIAL
APN 100-33-00-A
UPID US87-0639445

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
  • Construction Company General Contractor
  • Consultant

Location

8428 Quarry Rd Manassas, VA 20110-5391
Manassas metro Census 910301 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$830k
Comparable Approach Comparable
$995k
Blend (final) Blend
$830k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

HEAVY INDUSTRIAL · Manassas, VA
Top alternative use upside
Office building $1.1M +51.5%
Retail stores $1.0M +40.2%
Commercial (general) $835,000 +15.0%

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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