1502 Featherstone RdWoodbridge, VA 22191

Property Details for 1502 Featherstone Rd

Year built

1985

Lot size

0.68 AC

Property size (Sq ft)

2,613 SF

Zone code

LOW-RISE OFFICE

Property type

Office properties

Property subtype

Office buildings

APN

8391-75-1388

APU

8391751388

Description

This exceptional 5,000 square foot free-standing commercial building presents a unique investment opportunity in the thriving Woodbridge, Virginia market. Situated on a 0.68-acre lot, this well-maintained property boasts a prime location, offering unparalleled convenience and accessibility with proximity to US Route 1 and Interstate 95. Currently occupied by a single tenant, the building is highly adaptable and suitable for a variety of uses, including veterinary offices, medical practices, professional offices, or daycare centers. The main level features a thoughtfully designed layout, perfect for medical office use, including a bright reception area and a private office. Multiple rooms provide flexibility for various needs. The lower level, accessed via a separate entrance, offers additional professional office space, recently updated with renovated bathrooms and a kitchen. Ample parking is available, ensuring convenience for both staff and clients. The building's versatile design and desirable location make it an attractive proposition for businesses seeking a high-visibility presence in a bustling commercial area. The asking price is $1,299,000. This property offers a compelling blend of functionality, location, and potential for significant return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $551,230

  6.5%

  $508,828

  7%

  $472,483

• Comparable approach

  Method

  Valuation

  Relative Method

  $436,397

  Geo Method

  $436,397

• Alternative Use

  Use

  Valuation

  Residential

  $630,947

  Hospitality

  $577,944

  Educational

  $480,843

  Medical

  $497,379

  Retail

  $747,977

Location Insight

City

Woodbridge

County

Prince William

State

Virginia

Latitude

38.6328

Longitude

-77.26

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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