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Key Details
Sold Price $237,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 760 sqft
Price per Sqft $311
MLS Listing ID VAPW2061708
Sold Date 02/16/24
Originating Board BRIGHT
Year Built 1982
Annual Tax Amount $1,539
Tax Year 2023
Property Description
Professional Office in the highly sought after Lake Ridge Executive Park for sale. Perfect for Medical Practices, Dental Offices, Accounting Professionals, and Professional Services! Very efficient use of space with a built-in reception desk, small waiting area, and four private offices or treatment rooms. There is also a bathroom and two storage/copy/workroom areas. This versatile space is ideal for multiple uses and is located in an emerging Northern Virginia market offering a large client base with a population of over 100,000 in a 20 mile radius and a median household income of $108,654. Excellent location minutes away from I-95 and Prince William Pkwy. Also close to Prince William Commons Shopping Center, Potomac Mills Mall, Woodbridge Commuter Rail (Fredericksburg Line)7 min, Lorton Commuter Rail (Fredericksburg Line)14 min, Ronald Reagan Washington National Airport 32 min, and Washington Dulles International Airport 58 min. Property is currently rented until October 2026 for $1,900 a month with a 5% annual base rent increase and a current cap rate of 7.85%. Rent roll and Net Income Exhibits in documents. OFFER DEADLINE SET FOR MONDAY 01/15 AT 12 NOON.
Location
State VA
County Prince William
Zoning RPC
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Carpet, Ceramic Tile, Hardwood
Heat Source Electric
Exterior
Garage Spaces 2.0
Water Access N
Accessibility No Stairs
Total Parking Spaces 2
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Prince William County Public Schools
Others
Tax ID 8393-22-2390.02
Ownership Condominium
Special Listing Condition Standard
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Bought with Gurdip K Mangat • CENTURY 21 New Millennium