2542 Prince William PkwyWoodbridge, VA 22192

Property Details for 2542 Prince William Pkwy

Year built

2001

Lot size

2.04 AC

Property size (Sq ft)

25,579 SF

Zone code

PLANNED BUS DIST

Property type

Retail properties

Property subtype

Other retail properties

APN

8292-83-5508

APU

8292835508

Description

Parkway Crossing West offers exceptional retail opportunities in Woodbridge, Virginia. Two available spaces, ranging from 3,874 to 5,250 square feet, are perfect for multiple tenants. These end-cap spaces are situated in a multi-tenant pad conveniently located adjacent to a Target store, ensuring high visibility and foot traffic. The property enjoys a prime location just off Prince William Parkway, a major thoroughfare boasting an impressive 57,424 average daily traffic count (ADT), and provides easy access to Interstate 95, enhancing accessibility for customers and employees. This strategic location places the property in close proximity to the bustling Potomac Mills Mall and other established shopping centers, benefiting from the established regional draw and the presence of numerous national and regional retailers. The property's high visibility, convenient access, and proximity to major retail destinations make it an ideal location for businesses seeking strong exposure and a thriving customer base in the Woodbridge market. The spaces are adaptable for retail or office/medical use, offering flexibility to suit diverse business needs. This is a rare opportunity to secure prime retail space in a high-traffic, well-established commercial area. The address is 2542 Prince William Pkwy, Woodbridge, VA 22192.

• CAP approach

  CAP return

  Valuation

  6%

  $7,932,218

  6.5%

  $7,322,048

  7%

  $6,799,044

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,765,311

  Geo Method

  $10,765,311

• Alternative Use

  Use

  Valuation

  Residential

  $6,176,422

  Hospitality

  $5,657,569

  Educational

  $4,707,031

  Medical

  $4,868,913

  Retail

  $7,322,048

Location Insight

City

Woodbridge

County

Prince William

State

Virginia

Latitude

38.6529

Longitude

-77.2897

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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