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Leased Flex/Industrial Investment Opportunity
For Sale
$899,000

250 AIRPORT Rd, Winchester, VA 22602

Leased flex/industrial property near I-81 with long-term tenant.

Property SizeContact for details
Days on Market258

Property Features for 250 AIRPORT Rd

General Information

Standard status Active
Property subtype Industrial

Taxes and HOA fees

Annual Taxes $2,101

Building Details

Year Built 2007
Listing Agency: Coldwell Banker Premier
Listed By: Gillian Joy Greenfield · License #0225064152
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 8 Last Checked: Aug 8 at 12:33PM

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 Coldwell Banker Premier

Investment Insights

Based on property information with market context.

This flex/industrial property is located in Winchester, Virginia, approximately five minutes from I-81, Exit 313, in Frederick County, and 45 minutes west of Leesburg. The all-brick building is in excellent condition and features 1,000 square feet of office space and 4,000 square feet of warehouse space. It has one dock door and a ceiling height of over 20 feet. The property is currently leased through August 2030 under NNN lease terms, generating an NOI of approximately $57,000 per year. It is situated in a flex condo park with low condo dues paid by the tenant. The property is being offered as a solid 1031 exchange option.

Key Highlights

  • Long‑term tenant in place with NNN lease through August 2030, providing stable income.
  • Approximately 6.3% CAP rate and $57K+\/- year NOI.
  • Excellent condition all‑brick flex/industrial building with 1000 sf office and 4000 sf warehouse.**

Property Analytics

Current Use

Wave2Net Telecommunications Service

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Hair Salon Nail Salon Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby
Balanced
Demand for This Use

Demographics for 22602, VA

30,865
Population
11,716
Households
2.6
Avg Household Size
40
Median Age
31%
College-Educated
88%
High-School Grad
113.5 sq mi
ZIP Area
272
Density / Sq Mi
$99,534
Median Household Income
$49,199
Median Earnings
$1,367
Median Rent
$351,400
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Leased flex/industrial property near I-81 with long-term tenant.
Where is this flex space located?
The property is located at 250 AIRPORT Rd Winchester, VA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Long‑term tenant in place with NNN lease through August 2030, providing stable income.; Approximately 6.3% CAP rate and $57K+\/- year NOI.; Excellent condition all‑brick flex/industrial building with 1000 sf office and 4000 sf warehouse.**
More about this property
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