Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9905 Godwin Dr Manassas, VA 20110-4156

    • Industrial properties
    • 187,752 SF
    • 20.77 lot acres
    OFF-MARKET
    Last Sale
    Nov 13, 2023
    $77,951,259
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US87-0712863
    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.

    Current Use by Public Records

    • Industrial properties

    Property Details for 9905 Godwin Dr

    Year built
    2023
    Lot size
    20.77 lot acres
    Property size
    187,752 SF
    Zone code
    HEAVY INDUSTRIAL
    Property type
    Industrial properties
    APN
    102-01-00-51B
    APU
    102010051B

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Manassas
    County
    Manassas City
    State
    Virginia
    Longitude
    -77.5038
    Latitude
    38.741
    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
    2024
    $968,667
    $27,139,000
    $49,739,300
    $76,878,300
    -
    $27,139,000
    $49,739,300
    $76,878,300

    Comparable in this City

    • Value Estimation
      $1,090,000
      133,600 SF

      10230 Harry J Parrish Blvd

      INDUSTRIAL (GENERAL) • 133,600 SF
      10230 Harry J Parrish Blvd, Manassas, VA 20110
      View Details
    • Value Estimation
      $100,000
      38,400 SF

      10305 Piper Ln

      INDUSTRIAL (GENERAL) • 38,400 SF
      10305 Piper Ln, Manassas, VA 20110
      View Details
    • Value Estimation by Request
      11,250 SF

      11201 Bertalice Ct

      CONSTRUCTION/CONTRACTING SERVICES • 11,250 SF
      11201 Bertalice Ct, Manassas, VA 20110-2037
      View Details
    • Value Estimation
      $265,000
      1,482 SF

      10034 Dean Dr

      INDUSTRIAL (GENERAL) • 1,482 SF
      10034 Dean Dr, Manassas, VA 20110-4115
      View Details
    • Value Estimation
      $700,000
      1,750 SF

      10458 Business Ctr Ct

      CONDOMINIUMS (INDUSTRIAL) • 1,750 SF
      10458 Business Ctr Ct, Manassas, VA 20110-4178
      View Details
    • Value Estimation
      $260,000
      1,428 SF

      8786 Centreville Rd

      INDUSTRIAL (GENERAL) • 1,428 SF
      8786 Centreville Rd, Manassas, VA 20110-5267
      View Details

    Similar Nearby for Sale

    • $3,000,000
      9,000 SF

      Manassas Industrial Building For Sale

      9,000 SF Warehouse/Office Space
      8428 Quarry Rd, Manassas, VA 20110
      View Details
    • $400,000
      1,250 SF

      Manassas Industrial Warehouse For Sale

      Prime Location, 1250 sq ft Warehouse
      10476 Business Center Ct, Manassas, VA 20110
      View Details
    • $4,950,000

      Manassas Land Parcel For Sale

      6.93-acre property rezoned to M-2 light industrial with development potential.
      10941 Samuel Trexler Dr, Manassas, VA 20110
      View Details
    • $3,000,000

      Warehouse with Office and Storage

      9,000 SF warehouse with office and outside storage.
      8428 Quarry Rd, Manassas, VA 20110
      View Details
    • $5,400,000
      52 SF

      Manassas Opportunity Zone Land

      Land in Manassas Opportunity Zone, excellent visibility, two purchase options.
      9107 Mathis Ave, Manassas, VA 20110
      View Details
    • Contact for pricing

      Manassas Medical Office Suites for Lease

      Two furnished exam rooms, immediate occupancy.
      9306 Forest Point Cir, Manassas, VA 20110
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr

      Industrial Property for Rent

      Industrial property available for rent in Manassas, Virginia.
      8616 Phoenix Dr, Manassas, VA 20110
      View Details
    • $5,600,000
      8,800 SF

      Manassas Automotive/Industrial Space Available

      Automotive/Industrial space for rent in Manassas, available immediately.
      9107-9109 Mathis Ave, Manassas, VA 20110
      View Details
    • $17 SF/Yr
      5,182 SF

      Flex Space in Innovation Park

      Flex space for rent in Innovation Business Park.
      9450 Innovation Dr, Manassas, VA 20110
      View Details
    • Contact for pricing
      4,000 SF

      Industrial Warehouse Space in Manassas

      4,000 SF warehouse space available for lease in Manassas.
      10381 Central Park Dr, Manassas, VA 20110
      View Details
    • Contact for pricing
      20,000 SF

      Manassas Industrial Outdoor Storage Space

      Industrial outdoor storage space in Prince William County's industrial corridor.
      10451 Colonel Ct, Manassas, VA 20110
      View Details
    • $14 SF/Yr
      118,100 SF

      Manassas Industrial Warehouse Space

      Flexible Warehouse Space for Lease
      9126 Euclid Ct, Manassas, VA 20110
      View Details
    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.
    9905 Godwin Dr
    Manassas, VA 20110-4156
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.