Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    28 Blackwell Park Ln Warrenton, VA 20186

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Class A office and retail spaces for lease.

    We can help!

    Listing Contact
    Nicola Carleton
    Source: Tscg

    Listing Agent: Nicola Carleton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Class A Office and Retail

    This is a highly visible, three-story, Class A office building. Office spaces of 1,417 and 1,829 square feet are available for lease. Additionally, three retail pads are available for ground lease. The property is located on Blackwell Road (Business Route 15). It is within walking distance of various amenities, including grocery stores, shops, and restaurants. Ample parking is available, and the property offers views.
    Location Intelligence

    Current Use by Public Records

    Michael Amster Pediatrician Karem Saund, PA-C Physician Equine Insurance LLC Insurance Agency Dr. Cheryl Kemerer Pediatrician Alex Eisen, DO Pediatrician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Warrenton
    County
    Fauquier
    State
    Virginia
    Longitude
    -77.7920287
    Latitude
    38.7255351

    Nearby Similar for Lease

    • $1,200 /Mo

      Move-in Ready Office Condo

      Second floor office condo available for lease in Warrenton.
      578 Waterloo St, Warrenton, VA 20186
      View Details
    • $875 /Mo

      Office Space in Historic Building

      Office space in Old Town Warrenton, walking distance to amenities.
      32 Waterloo St, Warrenton, VA 20186
      View Details
    • $1,200 /Mo

      Retail Space in Old Town

      Retail space in Old Town Warrenton with utilities included.
      32 Waterloo St, Warrenton, VA 20186
      View Details
    • $4,000 /Mo

      Old Town Warrenton Office Space

      Office space for lease in Old Town Warrenton, Virginia.
      29 Culpeper St, Warrenton, VA 20186
      View Details
    • $1,650 /Mo

      Warrenton Commercial Space For Lease

      High visibility retail and office space available for immediate lease.
      6621 Electric Ave, Warrenton, VA 20187
      View Details
    • $1,650 /Mo

      Office/Retail Space in Warrenton

      High visibility office/retail suite available for immediate lease.
      6623 Electric Ave, Warrenton, VA 20187
      View Details
    • $950 /Mo

      Office Space on Route 29

      1000 SF office space with great visibility for rent.
      5441 Old Alexandria Tpke, Warrenton, VA 20187
      View Details
    • $600 /Mo

      Warrenton Office Space For Rent

      Two-room office suite near courthouse in Warrenton.
      65 Culpeper St, Warrenton, VA 20186
      View Details
    • $1,200 /Mo

      Move-in Ready Office Condo

      Second floor office condo with private bathroom and natural light.
      578 Waterloo 3B, Warrenton, VA 20186
      View Details
    • $2,685 /Mo

      Retail Space in Old Town

      Retail/professional space in historic Old Town Warrenton, Virginia.
      92 Main St, Warrenton, VA 20186
      View Details
    • $1,375 /Mo

      Warrenton Office/Retail Space Available

      Office and retail space for rent in Warrenton.
      578 Waterloo Rd, Warrenton, VA 20186
      View Details
    • $1,250 /Mo

      Downtown Office Space For Rent

      Office space in a historical building, prime downtown location.
      37 Main St, Warrenton, VA 20186
      View Details

    FAQs

    What type of property is this?
    Office units - Class A office and retail spaces for lease.
    Where is this office units located?
    The property is located at 28 Blackwell Park Ln Warrenton, VA.
    What are key features of this property?
    This property features: - Class A office building with high visibility on Blackwell Road (Business Route 15).; - Office spaces available for lease: 1,417 & 1,829 SF.; - Ample parking.
    (703) 893-1007
    Request Owner's contact information
    28 Blackwell Park Ln Warrenton, VA 20186
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    28 Blackwell Park Ln
    Warrenton, VA 20186
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28 Blackwell Park Ln Warrenton, VA 20186
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Nicola Carleton
    (703) 893-1007
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!