29 Culpeper Street, Warrenton, VA 20186
Office space for sale with multiple individual offices, waiting areas, and lower-level storage.
- Added:
- Mar 8, 2025
- Days on Market:
- 465
- Last Refresh:
- Jun 15 at 6:51 am
Property Features for 29 Culpeper Street
General Information
- Standard status
- Active
- Size
- 3,630 SF
- Property subtype
- Office
Building Details
- Year Built
- 1890
Listing agent Ross Real Estate (540) 270-4819
Listing office (540) 270-4819
Listing date Mar 8, 2025
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Ross Real Estate
HighLights
- Office space for sale in Old Town Warrenton with multiple individual offices
- Includes waiting areas and conference rooms
- Storage available in the lower level
- Central air cooling and heating listed as “3”
- Zoned CB and features street parking only
- Cute entrance off Culpeper Street
Overview
The sale is subject to a boundary line adjustment and the Town’s approval of separating a currently integrated building, which is expected to be no problem. The property is positioned for convenient, street parking access, with street parking only.
For buyers seeking a workable office layout, the existing room structure supports professional use such as client-facing offices and internal meeting needs. Lower-level storage can help keep day-to-day items organized. As the sale depends on the requested separation and town approval process, buyers should plan for that administrative step when underwriting timing and closing.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.8k | $20.88 |
| − Vacancy | −$11.0k | −$3.03 |
| EGI | $64.8k | $17.85 |
| − OpEx | −$16.2k | −$4.46 |
| NOI | $48.6k | $13.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Warrenton
- County
- Fauquier
- State
- Virginia
- Longitude
- -77.7953221
- Latitude
- 38.7130367
