9023 Centreville RdManassas, VA 20110

  • Office properties
  • 936 SF
For Sale
$600,000 View listing

Property Details for 9023 Centreville Rd

Lot size
0.39 AC
Property size (Sq ft)
936 SF
Zone code
GENERAL COMMERCIAL
Property type
Office properties
Property subtype
Office buildings
APN
100-01-00-132
APU
1000100132

Description

This exceptional 0.39-acre commercial land parcel presents a unique investment opportunity in Manassas, Virginia. Located at 9023 Centreville Road, this property boasts a highly desirable B-4 zoning classification, permitting a wide range of uses. By-right development options include retail establishments, restaurants, office spaces, daycare centers, and even churches or assembly facilities (requiring a SUP for gatherings exceeding 50 people). The strategic location on the heavily trafficked Centreville Road (Rt. 28) offers significant visibility and accessibility, with approximately 29,000 vehicles passing daily. The property features 60 feet of frontage, maximizing its potential for development. Its proximity to Old Town Manassas provides convenient access to local amenities, while its close proximity to Route 234/Sudley Road, Route 29, and I-66 ensures excellent regional connectivity. The asking price for this prime commercial land is $600,000. The property's APN is 100-01-00-132. This is an ideal site for businesses seeking high visibility and convenient access to major transportation arteries in a thriving community. Don't miss this chance to acquire a valuable piece of Manassas real estate.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $207,462
    6.5%
    $191,503
    7%
    $177,824
  • Comparable approach

    Method
    Valuation
    Relative Method
    $90,034
    Geo Method
    $90,034
  • Alternative Use

    Use
    Valuation
    Residential
    $237,464
    Hospitality
    $217,516
    Educational
    $180,970
    Medical
    $187,194
    Retail
    $281,510
9023 Centreville Rd, Manassas, Virginia

Location Insight

City
Manassas
County
Manassas City
State
Virginia
Latitude
38.7582
Longitude
-77.4629
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
$12,143
$560,000
-
$560,000
-
$560,000
-
$560,000

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