8422 Wellington RdManassas, VA 20109

Property Details for 8422 Wellington Rd

Year built

2005

Lot size

8.44 AC

Property size (Sq ft)

119,952 SF

Zone code

LIGHT INDUSTRIAL

Property type

Retail properties

Property subtype

Outlet malls

APN

7696-02-6087

APU

7696026087

Description

This Manassas, VA warehouse offers 3,480 square feet of immediately available space, with a minimum leasable area of 1,000 square feet. Located at 8422 Wellington Rd, 20109, in Prince William County, this industrial property features two dock-high doors and is part of a larger 15,000 square foot building. The space is ideal for various uses, including storage and light manufacturing, but excludes woodworking, welding, and automotive work. Tenants enjoy dedicated parking, including overnight options, and enhanced security measures such as onsite video surveillance and secure access codes. The warehouse benefits from a heated interior for year-round comfort and standard 120-volt power (specialty power available at an additional cost). An upstairs office is also available for lease. Operating hours are Monday-Friday, 8 am to 5 pm, and Saturday, 9 am to 3 pm, with extended hours possible upon approval. This property offers a limited-time 20% discount on the monthly rate of $1.15 per square foot, expiring December 31, 2024. The property is conveniently located near major highways, providing excellent access for distribution and transportation needs. Property taxes are $1.15 per square foot. No public access is permitted

• CAP approach

  CAP return

  Valuation

  6%

  $41,968,216

  6.5%

  $38,739,888

  7%

  $35,972,756

• Comparable approach

  Method

  Valuation

  Relative Method

  $60,437,672

  Geo Method

  $60,437,672

• Alternative Use

  Use

  Valuation

  Residential

  $32,678,546

  Hospitality

  $29,933,374

  Educational

  $24,904,214

  Medical

  $25,760,710

  Retail

  $38,739,888

Location Insight

City

Manassas

County

Prince William

State

Virginia

Latitude

38.7643

Longitude

-77.5262

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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