10701 Bulloch DrManassas, VA 20109

Property Details for 10701 Bulloch Dr

Year built

2001

Lot size

1.52 AC

Property size (Sq ft)

6,002 SF

Zone code

GENERAL BUSINESS

Property type

Turn key restaurants

APN

7697-17-5433

APU

7697175433

Description

This exceptional 1.515-acre retail property, located at 10701 Bulloch Drive in Manassas, Virginia (zip code 20109), is offered for sale at $1,750,000. The property boasts a highly desirable location with signalized access directly off Interstate 66, ensuring exceptional visibility and accessibility for businesses. Currently occupied by Uno's Pizzeria & Grill, this site presents a unique investment opportunity. Its strategic position at the entrance to Parkridge Center, a development slated for significant expansion with the addition of over 350 residential units, promises substantial future growth and increased foot traffic. This planned densification will significantly enhance the property's value and appeal to a wide range of potential tenants. The property's prime location and proximity to a major interstate make it an ideal site for a variety of retail businesses seeking high visibility and convenient access for customers. The 1.515-acre lot provides ample space for development or redevelopment, offering significant potential for future expansion or adaptation to meet evolving market demands. This is a rare opportunity to acquire a well-located retail property in a rapidly growing area with significant upside potential. The property's current occupancy provides a stable income stream while offering the potential for future growth and increased profitability. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $2,099,950

  6.5%

  $1,938,416

  7%

  $1,799,957

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,024,100

  Geo Method

  $3,024,100

• Alternative Use

  Use

  Valuation

  Residential

  $1,635,126

  Hospitality

  $1,497,767

  Educational

  $1,246,124

  Medical

  $1,288,980

  Retail

  $1,938,416

Location Insight

City

Manassas

County

Prince William

State

Virginia

Latitude

38.8039

Longitude

-77.5222

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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