4630 prince william parkway commercial / retail / …...activity generators: prince william county...

15
rlt R. L. Travers & Associates, Inc. Disclaimer: We have in preparing this information, used our best endeavors to ensure that the information contained herein is true and accurate, and deemed to be a reliable reflection of market values or has been secured from sources we believe to be reliable, but we make no representation, guarantee or warranties, expressed or implied, as to the accuracy of the information complete, or reliable, current or error-free and assume no responsibility for any errors or omissions contained therein. All references to age, square footage, income, and expenses are approximate. This is not a survey, any pictures, images, or drawings are only for illustrative purposes. Any party should conduct their own independent investigations and rely solely on those results. This is not intended as a listing solicitation for a property currently listed with another broker. For more information, please contact: Guy Travers, Principal Broker 703.339.0100 [email protected] Post Office Box 686 Springfield, Virginia 22150 P: 703.339.0100 F: 703.550.8815 www.rltinc.net 4630 Prince William Parkway Prince William, Virginia 22192 Commercial / Retail / Restaurant Mixed Use Pad Sites For Sale Prince William County Government Buildings Old Hickory Golf Course R R e e i i d d s s P P r r o o s s p p e e c c t t R R e e t t a a i i l l , , R R e e s s t t a a u u r r a a n n t t , , M M i i x x e e d d U U s s e e P P a a d d S S i i t t e e s s F F o o r r S S a a l l e e Property Address: 4630 Prince William Pkwy, Woodbridge, VA 22192, Lake Ridge / I-95 Corridor Submarket, Government Center Sector Area, Prince William Trade Area Demographics: Medium & Heavy Density & Growing Traffic: 44,000 2009 Annual Average Daily Traffic Volume (AADT) Activity Generators: Prince William County Government Center Buildings, High Density Housing / Apartments, Mixture of Office & Commercial, Pfitzner Stadium (6,000 Seating Capacity) Home of The Potomac Nationals & Sports (Public Baseball / Softball & BMX Facilities), and Golf & Recreation Evening & Weekend Generators Sales Price and Land Information: Pad Site 1A 1.52 AC +/- (66,008 SF) SOLD Pad Site 1B 1.16 AC +/- (50,480 SF) SOLD / FULLY LEASED Pad Site 1C 1.16 AC +/- (50,323 SF) Mixed-Use Condos Pad Site 1D 1.95 AC +/- (84,769 SF) $2,543,070 ($30/SF) Pad Site 1E 1.78 AC +/- (77,463 SF) $2,323,890 ($30/SF) Pad Site 1F 0.97 AC +/- (42,254 SF) $1,119,731 ($26.50 /SF) Pad Site 1G 1.20 AC +/- (52,271 SF) $1,385,181 ($26.50 /SF) R R e e i i d d s s P P r r o o s s p p e e c c t t 9 9 . . 7 7 A A c c e e r r s s ( ( A A C C ) ) + + / / - - R R e e t t a a i i l l / / M M i i x x e e d d U U s s e e P P a a d d S S i i t t e e s s F F o o r r S S a a l l e e

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Page 1: 4630 Prince William Parkway Commercial / Retail / …...Activity Generators: Prince William County Government Center Buildings, High Density Housing / Apartments, Mixture of Office

rlt R. L. Travers & Associates, Inc.

Disclaimer: We have in preparing this information, used our best endeavors to ensure that the information contained herein is true and accurate, and deemed to be a reliable reflection of market values or has been

secured from sources we believe to be reliable, but we make no representation, guarantee or warranties, expressed or implied, as to the accuracy of the information complete, or reliable, current or error-free and

assume no responsibility for any errors or omissions contained therein. All references to age, square footage, income, and expenses are approximate. This is not a survey, any pictures, images, or drawings are only for

illustrative purposes. Any party should conduct their own independent investigations and rely solely on those results. This is not intended as a listing solicitation for a property currently listed with another broker.

For more information, please contact:

Guy Travers, Principal Broker

703.339.0100

[email protected]

Post Office Box 686 Springfield, Virginia 22150 P: 703.339.0100 F: 703.550.8815

www.rltinc.net

4630 Prince William Parkway Prince William, Virginia 22192

Commercial / Retail / Restaurant Mixed Use Pad Sites For Sale

Prince William County Government Buildings

Old Hickory Golf Course

RRReeeiiiddd ’’’sss PPPrrrooossspppeeecccttt RRReeetttaaaiii lll ,,, RRReeessstttaaauuurrraaannnttt,,, MMMiiixxxeeeddd UUUssseee PPPaaaddd SSSiiittteeesss FFFooorrr SSSaaallleee Property Address: 4630 Prince William Pkwy, Woodbridge, VA 22192, Lake Ridge / I-95 Corridor Submarket, Government Center Sector Area, Prince William Trade Area Demographics: Medium & Heavy Density & Growing

Traffic: 44,000 2009 Annual Average Daily Traffic Volume (AADT)

Activity Generators: Prince William County Government Center Buildings, High Density Housing / Apartments, Mixture of Office & Commercial, Pfitzner Stadium (6,000 Seating Capacity) Home of The Potomac Nationals & Sports (Public Baseball / Softball & BMX Facilities), and Golf & Recreation Evening & Weekend Generators Sales Price and Land Information: Pad Site 1A 1.52 AC +/- (66,008 SF) SOLD Pad Site 1B 1.16 AC +/- (50,480 SF) SOLD / FULLY LEASED Pad Site 1C 1.16 AC +/- (50,323 SF) Mixed-Use Condos Pad Site 1D 1.95 AC +/- (84,769 SF) $2,543,070 ($30/SF) Pad Site 1E 1.78 AC +/- (77,463 SF) $2,323,890 ($30/SF) Pad Site 1F 0.97 AC +/- (42,254 SF) $1,119,731 ($26.50 /SF) Pad Site 1G 1.20 AC +/- (52,271 SF) $1,385,181 ($26.50 /SF)

RRReeeiiiddd’’’sss PPPrrrooossspppeeecccttt

999...777 AAAccceeerrrsss (((AAACCC))) +++///---

RRReeetttaaaiiilll /// MMMiiixxxeeeddd UUUssseee

PPPaaaddd SSSiiittteeesss FFFooorrr SSSaaallleee

Page 2: 4630 Prince William Parkway Commercial / Retail / …...Activity Generators: Prince William County Government Center Buildings, High Density Housing / Apartments, Mixture of Office

rlt R. L. Travers & Associates, Inc.

Disclaimer: We have in preparing this information, used our best endeavors to ensure that the information contained herein is true and accurate, and deemed to be a reliable reflection of market values or has been

secured from sources we believe to be reliable, but we make no representation, guarantee or warranties, expressed or implied, as to the accuracy of the information complete, or reliable, current or error-free and

assume no responsibility for any errors or omissions contained therein. All references to age, square footage, income, and expenses are approximate. This is not a survey, any pictures, images, or drawings are only for

illustrative purposes. Any party should conduct their own independent investigations and rely solely on those results. This is not intended as a listing solicitation for a property currently listed with another broker.

For more information, please contact:

Guy Travers, Principal Broker

703.339.0100

[email protected]

Post Office Box 686 Springfield, Virginia 22150 P: 703.339.0100 F: 703.550.8815

www.rltinc.net

4630 Prince William Parkway Prince William, Virginia 22192

Commercial / Retail / Restaurant Mixed Use Pad Sites For Sale

Reid’s Prospect Mixed-Use / Retail / Restaurant / Development Pad Sites:

Page 3: 4630 Prince William Parkway Commercial / Retail / …...Activity Generators: Prince William County Government Center Buildings, High Density Housing / Apartments, Mixture of Office

rlt R. L. Travers & Associates, Inc.

Disclaimer: We have in preparing this information, used our best endeavors to ensure that the information contained herein is true and accurate, and deemed to be a reliable reflection of market values or has been

secured from sources we believe to be reliable, but we make no representation, guarantee or warranties, expressed or implied, as to the accuracy of the information complete, or reliable, current or error-free and

assume no responsibility for any errors or omissions contained therein. All references to age, square footage, income, and expenses are approximate. This is not a survey, any pictures, images, or drawings are only for

illustrative purposes. Any party should conduct their own independent investigations and rely solely on those results. This is not intended as a listing solicitation for a property currently listed with another broker.

For more information, please contact:

Guy Travers, Principal Broker

703.339.0100

[email protected]

Post Office Box 686 Springfield, Virginia 22150 P: 703.339.0100 F: 703.550.8815

www.rltinc.net

4630 Prince William Parkway Prince William, Virginia 22192

Commercial / Retail / Restaurant Mixed Use Pad Sites For Sale

Aerial Photograph:

Page 4: 4630 Prince William Parkway Commercial / Retail / …...Activity Generators: Prince William County Government Center Buildings, High Density Housing / Apartments, Mixture of Office

rlt R. L. Travers & Associates, Inc.

Disclaimer: We have in preparing this information, used our best endeavors to ensure that the information contained herein is true and accurate, and deemed to be a reliable reflection of market values or has been

secured from sources we believe to be reliable, but we make no representation, guarantee or warranties, expressed or implied, as to the accuracy of the information complete, or reliable, current or error-free and

assume no responsibility for any errors or omissions contained therein. All references to age, square footage, income, and expenses are approximate. This is not a survey, any pictures, images, or drawings are only for

illustrative purposes. Any party should conduct their own independent investigations and rely solely on those results. This is not intended as a listing solicitation for a property currently listed with another broker.

For more information, please contact:

Guy Travers, Principal Broker

703.339.0100

[email protected]

Post Office Box 686 Springfield, Virginia 22150 P: 703.339.0100 F: 703.550.8815

www.rltinc.net

4630 Prince William Parkway Prince William, Virginia 22192

Commercial / Retail / Restaurant Mixed Use Pad Sites For Sale

Reid’s Prospect Pad Site Property Photos:

Page 5: 4630 Prince William Parkway Commercial / Retail / …...Activity Generators: Prince William County Government Center Buildings, High Density Housing / Apartments, Mixture of Office

rlt R. L. Travers & Associates, Inc.

Disclaimer: We have in preparing this information, used our best endeavors to ensure that the information contained herein is true and accurate, and deemed to be a reliable reflection of market values or has been

secured from sources we believe to be reliable, but we make no representation, guarantee or warranties, expressed or implied, as to the accuracy of the information complete, or reliable, current or error-free and

assume no responsibility for any errors or omissions contained therein. All references to age, square footage, income, and expenses are approximate. This is not a survey, any pictures, images, or drawings are only for

illustrative purposes. Any party should conduct their own independent investigations and rely solely on those results. This is not intended as a listing solicitation for a property currently listed with another broker.

For more information, please contact:

Guy Travers, Principal Broker

703.339.0100

[email protected]

Post Office Box 686 Springfield, Virginia 22150 P: 703.339.0100 F: 703.550.8815

www.rltinc.net

4630 Prince William Parkway Prince William, Virginia 22192

Commercial / Retail / Restaurant Mixed Use Pad Sites For Sale

Reid’s Prospect Development Photos Taken September 1st, 2010:

Page 6: 4630 Prince William Parkway Commercial / Retail / …...Activity Generators: Prince William County Government Center Buildings, High Density Housing / Apartments, Mixture of Office

rlt R. L. Travers & Associates, Inc.

Disclaimer: We have in preparing this information, used our best endeavors to ensure that the information contained herein is true and accurate, and deemed to be a reliable reflection of market values or has been

secured from sources we believe to be reliable, but we make no representation, guarantee or warranties, expressed or implied, as to the accuracy of the information complete, or reliable, current or error-free and

assume no responsibility for any errors or omissions contained therein. All references to age, square footage, income, and expenses are approximate. This is not a survey, any pictures, images, or drawings are only for

illustrative purposes. Any party should conduct their own independent investigations and rely solely on those results. This is not intended as a listing solicitation for a property currently listed with another broker.

For more information, please contact:

Guy Travers, Principal Broker

703.339.0100

[email protected]

Post Office Box 686 Springfield, Virginia 22150 P: 703.339.0100 F: 703.550.8815

www.rltinc.net

4630 Prince William Parkway Prince William, Virginia 22192

Commercial / Retail / Restaurant Mixed Use Pad Sites For Sale

Prince William County 2008 Comprehensive Plan Parkway Employment Center - Land Use Concept Plan Map:

Retail / Mixed Use

Pad Sites For Sale

Page 7: 4630 Prince William Parkway Commercial / Retail / …...Activity Generators: Prince William County Government Center Buildings, High Density Housing / Apartments, Mixture of Office

rlt R. L. Travers & Associates, Inc.

Disclaimer: We have in preparing this information, used our best endeavors to ensure that the information contained herein is true and accurate, and deemed to be a reliable reflection of market values or has been

secured from sources we believe to be reliable, but we make no representation, guarantee or warranties, expressed or implied, as to the accuracy of the information complete, or reliable, current or error-free and

assume no responsibility for any errors or omissions contained therein. All references to age, square footage, income, and expenses are approximate. This is not a survey, any pictures, images, or drawings are only for

illustrative purposes. Any party should conduct their own independent investigations and rely solely on those results. This is not intended as a listing solicitation for a property currently listed with another broker.

For more information, please contact:

Guy Travers, Principal Broker

703.339.0100

[email protected]

Post Office Box 686 Springfield, Virginia 22150 P: 703.339.0100 F: 703.550.8815

www.rltinc.net

4630 Prince William Parkway Prince William, Virginia 22192

Commercial / Retail / Restaurant Mixed Use Pad Sites For Sale

Aerial and Property Photographs:

Page 8: 4630 Prince William Parkway Commercial / Retail / …...Activity Generators: Prince William County Government Center Buildings, High Density Housing / Apartments, Mixture of Office

Lake Ridge Elementary

School

Festival at Old Bridge

The Glen

Lake Ridge Commons

Lake Ridge Park Golf & Marina

Old Hickory GOLF CLUB

Prince William County Development Services

Building & Land Development Divisions

Prince William County Administration

Prince William County Aging

Prince William County Building

Prince William County Fire Marshal

Prince William County Attorney

Prince William County Public Works

Prince William Board of County Supervisors

Prince William County Finance

Prince William Police Department

Prince William County Information Technology

Prince William Geographic Info

Prince William County Services Authority

Prince William Office of Executive Management / Budget & Analysis

Prince William Chief's Office

Prince William County Government Buildings

Tackett’s Mill

King Elementary

School

Rosa Parks Elementary

School Beville

Middle School

Minnieville Elementary

School

Mills E Godwin Middle School

Neabsco Elementary

School

Dale City Elementary

School

Gar-Field High

School

Kerrydale Elementary

School

Penn Elementary

School

Westridge Elementary

School

Springwoods Elementary

School

Antietam Elementary

School

Lake Ridge Middle School

Woodbridge High

School

Rockledge Elementary

School

Occoquan Elementary

Belmont Elementary

School

Kilby Elementary

School

Lynn Middle School

Vaughan Elementary

School Woodbridge Middle School

Ann Ludwig School Rippon

Middle School

4630 Prince William Pkwy,

Prince William, VA 22192

Page 9: 4630 Prince William Parkway Commercial / Retail / …...Activity Generators: Prince William County Government Center Buildings, High Density Housing / Apartments, Mixture of Office

rlt R. L. Travers & Associates, Inc.

Disclaimer: We have in preparing this information, used our best endeavors to ensure that the information contained herein is true and accurate, and deemed to be a reliable reflection of market values or has been

secured from sources we believe to be reliable, but we make no representation, guarantee or warranties, expressed or implied, as to the accuracy of the information complete, or reliable, current or error-free and

assume no responsibility for any errors or omissions contained therein. All references to age, square footage, income, and expenses are approximate. This is not a survey, any pictures, images, or drawings are only for

illustrative purposes. Any party should conduct their own independent investigations and rely solely on those results. This is not intended as a listing solicitation for a property currently listed with another broker.

For more information, please contact:

Guy Travers, Principal Broker

703.339.0100

[email protected]

Post Office Box 686 Springfield, Virginia 22150 P: 703.339.0100 F: 703.550.8815

www.rltinc.net

4630 Prince William Parkway Prince William, Virginia 22192

Commercial / Retail / Restaurant Mixed Use Pad Sites For Sale

PWC-GIS County Mapper (Prince William County Tax Map / Parcel ID 8193-22-0519):

Page 10: 4630 Prince William Parkway Commercial / Retail / …...Activity Generators: Prince William County Government Center Buildings, High Density Housing / Apartments, Mixture of Office

rlt R. L. Travers & Associates, Inc.

Disclaimer: We have in preparing this information, used our best endeavors to ensure that the information contained herein is true and accurate, and deemed to be a reliable reflection of market values or has been

secured from sources we believe to be reliable, but we make no representation, guarantee or warranties, expressed or implied, as to the accuracy of the information complete, or reliable, current or error-free and

assume no responsibility for any errors or omissions contained therein. All references to age, square footage, income, and expenses are approximate. This is not a survey, any pictures, images, or drawings are only for

illustrative purposes. Any party should conduct their own independent investigations and rely solely on those results. This is not intended as a listing solicitation for a property currently listed with another broker.

For more information, please contact:

Guy Travers, Principal Broker

703.339.0100

[email protected]

Post Office Box 686 Springfield, Virginia 22150 P: 703.339.0100 F: 703.550.8815

www.rltinc.net

4630 Prince William Parkway Prince William, Virginia 22192

Commercial / Retail / Restaurant Mixed Use Pad Sites For Sale

Golf Facilities in Prince William County, VA

1. Bristow Manor Golf Club 2. Broad Run Golf & Practice

Facility 3. Bull Run Golf Club 4. Dominion Valley Country

Club 5. Evergreen Country Club 6. Forest Greens Golf Club 7. General's Ridge Golf Course 8. Harbor Station Golf Course 9. Heritage Hunt Golf Course 10. Lake Ridge Park Golf Course 11. Locust Shade Park Driving

Range & Mini-Golf 12. Manassas Hills Golf &

Practice Facility 13. Medal of Honor Golf Course

14. Montclair Country Club 15. Old Hickory Golf Club 16. The Osprey's Golf Club at

Belmont Bay 17. Piedmont Club 18. Prince William Golf Club 19. Regency at Dominion

Valley Golf Course 20. Robert Trent Jones Golf

Club at Lake Manassas 21. Stonewall Golf Club at Lake

Manassas 22. Sunnybrook Driving Range

& Practice Facility 23. Virginia Oaks Golf Club

“Prince William County boasts 10 public golf courses and is

home to the Robert Trent Jones Golf Club. Golf Styles

ranks PWC among the top 100 places to play golf.”

Page 11: 4630 Prince William Parkway Commercial / Retail / …...Activity Generators: Prince William County Government Center Buildings, High Density Housing / Apartments, Mixture of Office

rlt R. L. Travers & Associates, Inc.

Disclaimer: We have in preparing this information, used our best endeavors to ensure that the information contained herein is true and accurate, and deemed to be a reliable reflection of market values or has been

secured from sources we believe to be reliable, but we make no representation, guarantee or warranties, expressed or implied, as to the accuracy of the information complete, or reliable, current or error-free and

assume no responsibility for any errors or omissions contained therein. All references to age, square footage, income, and expenses are approximate. This is not a survey, any pictures, images, or drawings are only for

illustrative purposes. Any party should conduct their own independent investigations and rely solely on those results. This is not intended as a listing solicitation for a property currently listed with another broker.

For more information, please contact:

Guy Travers, Principal Broker

703.339.0100

[email protected]

Post Office Box 686 Springfield, Virginia 22150 P: 703.339.0100 F: 703.550.8815

www.rltinc.net

4630 Prince William Parkway Prince William, Virginia 22192

Commercial / Retail / Restaurant Mixed Use Pad Sites For Sale

Greater Washington Region:

Greater Washington Gross Regional Product, 1990–2009 (in billions)

Gross Regional Product per Capita, 2009

Page 12: 4630 Prince William Parkway Commercial / Retail / …...Activity Generators: Prince William County Government Center Buildings, High Density Housing / Apartments, Mixture of Office

rlt R. L. Travers & Associates, Inc.

Disclaimer: We have in preparing this information, used our best endeavors to ensure that the information contained herein is true and accurate, and deemed to be a reliable reflection of market values or has been

secured from sources we believe to be reliable, but we make no representation, guarantee or warranties, expressed or implied, as to the accuracy of the information complete, or reliable, current or error-free and

assume no responsibility for any errors or omissions contained therein. All references to age, square footage, income, and expenses are approximate. This is not a survey, any pictures, images, or drawings are only for

illustrative purposes. Any party should conduct their own independent investigations and rely solely on those results. This is not intended as a listing solicitation for a property currently listed with another broker.

For more information, please contact:

Guy Travers, Principal Broker

703.339.0100

[email protected]

Post Office Box 686 Springfield, Virginia 22150 P: 703.339.0100 F: 703.550.8815

www.rltinc.net

4630 Prince William Parkway Prince William, Virginia 22192

Commercial / Retail / Restaurant Mixed Use Pad Sites For Sale

Greater Washington Region - A Major World Capital Connection and Global Center Of Commerce

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Greater Washington Offers Unparalleled Global Connectivity:

Greater Washington tops U.S., worldwide lists in business, employment - Washington Business Journal, June 11, 2010

“The nation's capital is emerging from the recession better than any other major metropolitan area in the country.” – Forbes

Greater Washington Dominates Inc. 500 List of Fastest-Growing Companies - CityBizList, August 13, 2009

“Washington DC is the only metropolitan area east of the Mississippi River characterized by high levels of growth, diversity, and educational attainment.” - Brookings Institute

Report says greater Washington’s economy is strong and ready to flourish post-recession - Virginia Business, June 11, 2010

Easier to do Business in Greater Washington than Rest of U.S., by a wide margin of 71-to-15 percent - Clarus Research Group

Greater Washington Ranks #2 In Median Household Income among U.S. Metropolitan Regions – 2008 U.S. Census data

No. 1 – Metros Where the Recession Is Easing – Forbes

No. 2 – Top Metros for Quality of Life and 10 Best Places for Young Adults - Portfolio.com

“The region is chock-full of job prospects, entertainment venues and great neighborhoods, and it is booming.” - Kiplinger’s

“Washington, DC is increasingly drawing in the ‘young and wealthy’.” - Nielsen Claritas

Washington DC Area Outranks All USA Cities for Real Estate Investment - Association of Foreign Investors in Real Estate (AFIRE)

2010 Greater Washington Initiative Regional Report Highlights: Greater Washington’s Economy is Best Positioned in the US to Excel Post-Recession - New jobs, diverse industry, and low

unemployment make Greater Washington a region without peer 5th largest regional economy in the US with a 2009 GRP of $443 billion Unemployment rate consistently below national average #1 among major metropolitan regions for female executives — 56% higher than national average Home to 18 Fortune 500® company headquarters representing $308 billion in annual revenues 48 Inc. 500 fastest-growing companies — #1 region in US for 13 consecutive years Home to more than 1,000 foreign-owned companies, representing more than 50 countries #1 US city and #2 global city for real estate investment

Page 13: 4630 Prince William Parkway Commercial / Retail / …...Activity Generators: Prince William County Government Center Buildings, High Density Housing / Apartments, Mixture of Office

rlt R. L. Travers & Associates, Inc.

Disclaimer: We have in preparing this information, used our best endeavors to ensure that the information contained herein is true and accurate, and deemed to be a reliable reflection of market values or has been

secured from sources we believe to be reliable, but we make no representation, guarantee or warranties, expressed or implied, as to the accuracy of the information complete, or reliable, current or error-free and

assume no responsibility for any errors or omissions contained therein. All references to age, square footage, income, and expenses are approximate. This is not a survey, any pictures, images, or drawings are only for

illustrative purposes. Any party should conduct their own independent investigations and rely solely on those results. This is not intended as a listing solicitation for a property currently listed with another broker.

For more information, please contact:

Guy Travers, Principal Broker

703.339.0100

[email protected]

Post Office Box 686 Springfield, Virginia 22150 P: 703.339.0100 F: 703.550.8815

www.rltinc.net

4630 Prince William Parkway Prince William, Virginia 22192

Commercial / Retail / Restaurant Mixed Use Pad Sites For Sale

Greater Washington Area Population Comparison

Population for 5 Mile Radius

4630 Prince William Pkwy, Prince William, VA 22192

Population 1 Mile 3 Mile 5 Mile 2009 Total Population: 11,230 87,457 175,198 Pop Growth 2009-2014: 13.80% 6.30% 6.90% Per Capita Income: $34,512 $35,229 $35,375 Average Age: 33.90 33.80 34.30

Households 2009 Total Households: 3,726 29,095 58,842 HH Growth 2009-2014: 14.10% 6.50% 7.20% Median Household Inc: $94,350 $94,933 $91,724 Avg Household Size: 3.01 3.00 2.97 Avg HH Vehicles: 2.10 2.10 2.10 Avg Travel Time - Wrk: 40 min 41 min 40 min

Housing Median Housing Value: $254,253 $262,497 $263,686 Median Year Built: 1991 1986 1986

Page 14: 4630 Prince William Parkway Commercial / Retail / …...Activity Generators: Prince William County Government Center Buildings, High Density Housing / Apartments, Mixture of Office

rlt R. L. Travers & Associates, Inc.

Disclaimer: We have in preparing this information, used our best endeavors to ensure that the information contained herein is true and accurate, and deemed to be a reliable reflection of market values or has been

secured from sources we believe to be reliable, but we make no representation, guarantee or warranties, expressed or implied, as to the accuracy of the information complete, or reliable, current or error-free and

assume no responsibility for any errors or omissions contained therein. All references to age, square footage, income, and expenses are approximate. This is not a survey, any pictures, images, or drawings are only for

illustrative purposes. Any party should conduct their own independent investigations and rely solely on those results. This is not intended as a listing solicitation for a property currently listed with another broker.

For more information, please contact:

Guy Travers, Principal Broker

703.339.0100

[email protected]

Post Office Box 686 Springfield, Virginia 22150 P: 703.339.0100 F: 703.550.8815

www.rltinc.net

4630 Prince William Parkway Prince William, Virginia 22192

Commercial / Retail / Restaurant Mixed Use Pad Sites For Sale

Prince William County at a glance, Prince William County Department of Economic Development Community Profile:

Prince William County, the newest center for business opportunity in the Metropolitan Washington area, is only 30 miles southwest of the nation’s capital. Prince William County is home to Northern Virginia’s newest technology park, Innovation @ Prince William Technology Park, anchored by George Mason University, American Type Culture Collection, Lockheed Martin Federal Systems and is adjacent to Micron Technology Virginia. Recent corporate additions to the County include Science Applications International Corporation (SAIC), Advion Biosciences Inc., Zestron, FBI’s Northern Virginia Resident Agency, and Jacobs Technology. With a population of 395,485, Prince William County is a youthful and vigorous community where schools annually outpace state and national achievement standards, and nearly half of the adult population has a college degree. Prince William County is fast becoming the heart of the highly-educated Northern Virginia labor pool, as 75% of Northern Virginia workers live within a 30-minute rush-hour commute of the center of the County. Resources, ease-of-living and location are all here at Prince William.

Total square miles: 348 (222,615 acres) including towns & c it ies

Population: 398,183* (June 15 t h , 2010, PWC OIT) *estimate

Labor force: 200,870 (Nov 2007, VWC)

At-place employment: 103,411 (4 t h Quarter 2009) At-place average weekly wages in Northern Virginia grew by 5.2% in the last year and 20.1% since 2004.

Unemployment rate: 5.8% (May 2010, VEC)

Median household income: $88,724 - Census Bureau’s 2008 American Community Survey This ranks sixteenth among the largest counties in the United States, fourth in the commonwealth, and is an indication of the relative wealth of Prince Wil l iam County and the greater Washington metropolitan region, which inc luded nine of the top twenty count ies in the nation for median household income. The per capita income in Prince Wil l iam County in 2008 was $36,049.

Median assessed house value: $467,857 (June 2007, PWC DOF Off ice of Real Estate Assessments)

Adults with a col lege degree: According to the Census Bureau’s 2008 American Community Survey, 36.9% of adults in Prince Wil l iam

County had bachelor’s degrees or higher, compared to 27.7% in the nation as a whole.

Average Annual Unemployment Rates 1990-2010 Prince William County, Virginia, United States Source: Virginia Employment Commission. Briefing.com

Prince William County Demographics

Page 15: 4630 Prince William Parkway Commercial / Retail / …...Activity Generators: Prince William County Government Center Buildings, High Density Housing / Apartments, Mixture of Office

rlt R. L. Travers & Associates, Inc.

Disclaimer: We have in preparing this information, used our best endeavors to ensure that the information contained herein is true and accurate, and deemed to be a reliable reflection of market values or has been

secured from sources we believe to be reliable, but we make no representation, guarantee or warranties, expressed or implied, as to the accuracy of the information complete, or reliable, current or error-free and

assume no responsibility for any errors or omissions contained therein. All references to age, square footage, income, and expenses are approximate. This is not a survey, any pictures, images, or drawings are only for

illustrative purposes. Any party should conduct their own independent investigations and rely solely on those results. This is not intended as a listing solicitation for a property currently listed with another broker.

For more information, please contact:

Guy Travers, Principal Broker

703.339.0100

[email protected]

Post Office Box 686 Springfield, Virginia 22150 P: 703.339.0100 F: 703.550.8815

www.rltinc.net

4630 Prince William Parkway Prince William, Virginia 22192

Commercial / Retail / Restaurant Mixed Use Pad Sites For Sale

PRINCE WILLIAM COUNTY ZONING ORDINANCE: - PLANNED DEVELOPMENT (For Reference Purpose Only - Not A Legal Document) PMD, PLANNED MIXED USE DISTRICT, Government Center Sector Plan area, Community Employment Center (CEC) Purpose and Intent. The planned development - mixed use district (PMD) is intended to encourage and accommodate a mix of commercial, office, and residential development with flexibility of design necessary to implement the economic development goals and objectives as set forth in the comprehensive plan. More specifically, it is intended to implement the community employment center and regional employment center land use classifications of the comprehensive plan. The PMD provides a single zoning district which promotes an integrated business community within which businesses and residences are conveniently linked. The PMD should be established in areas served by a freeway or interstate highway or serviced by a minor arterial or greater designation roadway. The objectives of the PMD are: 1. To promote a comprehensively planned business community that may include commercial services & a residential component. 2. To encourage coordination of "campus-like" office park and employment centers with residential areas, linked by pedestrian

walkways through open space. 3. To reduce vehicular traffic by promoting employment and housing opportunities in close proximity to one another. Permitted uses, permissible land bay designations. 1. The PMD shall permit residential and non-residential land bay designations identified in subsection 32-280.11.1. Uses within

each land bay designation shall be permitted by right, as secondary or special uses, as provided in section 32-280.11 below. Sec. 32-280.11. (Chapter 32 - Zoning, Article II, Part 280 Planned Development Districts) - Land bay designations. 1. Planned development districts shall be divided into land bays shown on the master zoning plan. Land bays shall be sequentially

numbered or lettered. Land bays may contain more than one designation to achieve a mix of uses, but the designations shall be depicted and a list of uses identified to ensure compatibility with the land use classifications of the comprehensive plan and the purposes and objectives of this part.

(a) Residential land bays shall designate the uses and the standards found in Article III, and shall be established in accordance with the following density ranges:

(1) Areas of low density residential (one to four dwellings per acre) (LDR); (2) Areas of medium density residential (four to six dwellings per acre) (MDR); (3) Areas of high density residential (eight to 16 dwellings per acre) (HDR); (4) Areas of urban density residential (16 to 30 dwellings per acre) (UDR); and (5) Areas of urban high density residential (minimum of 31 dwellings per acre) (UHDR).

(b) Non-residential areas shall designate the uses and the standards, found in Article IV, and shall be established in accordance with the following zoning districts:

(1) B-1, General Business. (2) B-2, Neighborhood Business. (3) O(L), Office Low-Rise. (4) O(M), Office Mid-Rise. (5) O(H), Office High-Rise. (6) O/F, Office/Flex. (7) M-2, Light Industrial.

Long Range Land Use Designations O, Office P&OS, Parks and Open Space PL, Public Land SRR, Semi-Rural Residential NC, Neighborhood Commercial SRL, Suburban Residential Low SRM, Suburban Residential Medium RPC, Residential Planned Community CEC, Community Employment Center