Office & Retail Development Opportunity

3945 Prince William Parkway, Woodbridge, VA

Market Price

Price

4.78 acres

Lot Area

 
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Overview
Lot Area
4.78 acres
Description

Serafin Real Estate is proud to offer this Prime Mixed-Use Development Opportunity in Woodbridge, Prince William County, VA. This expansive 4.78-acre plot, perfectly positioned off of Prince William Parkway offers a rare and coveted opportunity for visionary developers and investors. Having recently secured rezoning approval for a potential 90,000 SF of mixed-use space, the property is primed for a transformative project that can cater to the burgeoning demand for both contemporary office spaces and premium retail outlets in the area. Given its strategic location near major thoroughfares and the flexibility afforded by the zoning permit, this land presents an unparalleled chance to stake a claim in Prince William County’s future and pioneer the next iconic development in the region.

Zoning Permits the following By-Right Uses (see Zoning Ordinance for full uses): College, university or seminary; Cultural arts center; Financial institution; Hotel, motel, or short-term lodging; Medical care facility, specialized; Medical or dental laboratory; Medical or dental office and clinic; Private school; Religious institution with related facilities.

Any questions and/or property showings must be communicated and coordinated through Serafin Real Estate.

Overview:
Located in Prince William County, Woodbridge is a census-designated place in Northern Virginia. With its proximity to the nation's capital, Washington, D.C., Woodbridge offers businesses access to a large metropolitan area while retaining a suburban feel.

Household Incomes:
As of my last update in 2022, the median household income in Woodbridge was notably higher than the national average. With a mix of professionals, government employees, and contractors residing in the area, the community displays a wide range of incomes. Affluent neighborhoods coexist alongside more middle-income areas, making Woodbridge a diverse economic community.

Key Industries:

Government and Defense: Given its proximity to Washington, D.C., many residents of Woodbridge are employed by the federal government or related contractors. The defense industry, in particular, has a substantial presence, with many contractors and related businesses operating in the area.

Retail: Woodbridge is home to Potomac Mills, one of the largest shopping malls in Northern Virginia. This retail hub attracts shoppers from all over the region, supporting a variety of businesses from large department stores to small specialty shops.

Real Estate and Construction: The continual growth of the Northern Virginia region has spurred demand for both residential and commercial properties. Woodbridge has seen significant development over the years, with new homes, apartments, and business complexes emerging to accommodate its growing population.

Healthcare: With an aging population and a growing community, healthcare services are in high demand. Several clinics, health centers, and specialized medical facilities serve the Woodbridge area.

Education: The region places a strong emphasis on education, with numerous public and private schools, as well as higher education facilities, providing opportunities for educators and related service providers.

Connectivity:
Woodbridge boasts excellent transportation links, with Interstate 95 passing directly through. Additionally, the Virginia Railway Express (VRE) provides a commuter rail link to Washington, D.C., making it convenient for daily commuters.

Highlights
  • Land Area: A substantial 4.78 acres, providing a spacious canvas for ambitious projects.
  • Rezoning Approval: Benefit from the already acquired rezoning permit for a mixed-use building, allowing for a potential 90,000 SF of combined office and retail space. Height approved up to 55'.
  • Location: This property is ideally situated near major roads/highways, making it easily accessible and highly visible.
  • Potential: With the mixed-use allowance, this plot offers the flexibility for a combination of high-end office spaces, premium retail outlets, and potentially other amenities.
  • Utilities: All major public utilities are accessible on the site
  • Parking: Configured 286 parking spaces to meet zoning permit
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