7601 Centreville RdManassas, VA 20111
- Retail properties
- 1,652 SF
Property Details for 7601 Centreville Rd
- Year built
- 1959
- Lot size
- 0.92 AC
- Property size (Sq ft)
- 1,652 SF
- Zone code
- GENERAL BUSINESS
- Property type
- Retail properties
- Property subtype
- Gas stations
- APN
- 7897-22-8031
- APU
- 7897228031
Description
Exceptional investment opportunity: a well-established, three-bay service station and gas station is available for sale in Manassas, Virginia. This turnkey operation boasts over 30 years in business, offering a rare chance to acquire a profitable enterprise with significant history. The property includes the real estate, business, and existing inventory. Situated on a high-traffic area of Centreville Road, the 1,652 square foot building enjoys approximately 77 feet of frontage, ensuring high visibility and accessibility. The 0.981-acre lot is zoned B-1, and the property benefits from its strategic location near major roadways including Route 234, Route 29, Interstate 66, and Route 28, experiencing a daily traffic count of 54,000 vehicles on the morning commute. The location is surrounded by commercial establishments and residential developments, ensuring a consistent customer base. The asking price is $3,500,000, translating to $2,118.64 per square foot. Owner financing is available. This is a unique opportunity to own a thriving business in a densely populated and easily accessible area of Prince William County. The property's long-standing success and prime location make it an attractive investment for those seeking a stable and profitable venture in the automotive industry.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $538,257
- 6.5%
- $496,852
- 7%
- $461,363
-
Comparable approach
- Method
- Valuation
- Relative Method
- $400,443
- Geo Method
- $400,443
-
Alternative Use
- Use
- Valuation
- Residential
- $419,114
- Hospitality
- $383,906
- Educational
- $319,405
- Medical
- $330,390
- Retail
- $496,852
Location Insight
- City
- Manassas
- County
- Prince William
- State
- Virginia
- Latitude
- 38.7895
- Longitude
- -77.448
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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