Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Flex Space For Sale Title is generated by Realmo AI

    250 AIRPORT ROAD, Winchester, VA 22602

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $899,000

    5000 SF flex space leased until August 2025.

    Type:Commercial/Industrial
    Property size:
    5,000 SF
    Price / SF:
    $179/SF
    Added:
    Mar 12, 2026
    Days on Market:
    72
    Last Refresh:
    Apr 6 at 3:05 am

    Property Features for 250 AIRPORT ROAD

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    2007

    We can help!

    Listing Contact
    Gillian J Greenfield
    Gillian J Greenfield

    Listing agent Gillian J Greenfield License #0225064152

    Listing office Coldwell Banker Premier

    Listing date Mar 12, 2026

    Source Exitrealty

    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

    HighLights

    • 5000 SF Flex Space featuring 1000 SF of Office space and 4000 SF Warehouse.
    • Leased until August 2025.
    • Convenient Location: just 5 minutes from I‑81 (Exit 313).
    • Low Condo Dues: $2.06 PSF/year.
    • Benefit from a 20+ Ceiling Height.
    • Includes one Dock Door.

    Overview

    This 5000 square foot flex space is available for sale. The property is currently leased until August 2025. The layout includes 1000 square feet of office space and 4000 square feet of warehouse space. The warehouse features one dock door and a ceiling height of over 20 feet. The property is described as very clean and is located in a flex condo park. Condo dues are $2.06 per square foot per year. The property is located five minutes from I-81, Exit 313, in Frederick County, Virginia, and is 45 minutes west of Leesburg via Route 50 or I-66 to northern Virginia.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wave2Net Telecommunications Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Frederick
    State
    Virginia
    Longitude
    -78.155
    Latitude
    39.144

    Nearby Similar for Sale

    • $525,000
      2,630 SF

      Winchester Retail/Office Space For Sale

      Retail/office space in Winchester's Technology and Enterprise zone.
      2109 VALLEY Avenue, WINCHESTER, VA 22601
      View Details
    • $999,000
      10,000 SF

      High Traffic Retail Opportunity

      High-visibility retail property on 0.82 acres, ideal for various businesses.
      1694 BERRYVILLE, WINCHESTER, VA 22602
      View Details
    • $599,900
      3,511 SF

      Charming Duplex in Winchester, VA

      Versatile duplex with historic charm and income potential.
      1400 VALLEY Avenue, WINCHESTER, VA 22601
      View Details
    • $1,182,695

      Prime Office in Winchester, VA

      7082 SF office space in established business park.
      252 AIRPORT, WINCHESTER, VA 22602
      View Details
    • $1,500,000
      7,000 SF

      Mixed-Use Property in Historic Downtown

      Versatile B1-zoned property with income and redevelopment potential.
      314 N BRADDOCK Street, WINCHESTER, VA 22601
      View Details
    • $605,000
      4,396 SF

      Turnkey Winchester Triplex Investment Opportunity

      Triplex in downtown Winchester with strong cash flow potential.
      540 MONTICELLO Street, WINCHESTER, VA 22601
      View Details
    • $1,100,000

      Downtown Winchester Office Building

      Prestigious office building in the heart of downtown Winchester.
      38 ROUSS Avenue, WINCHESTER, VA 22601
      View Details
    • $625,000
      1,948 SF

      Renovated Duplex Near Walking Mall

      Upgraded duplex near Winchester's historic Walking Mall, fully renovated in 2022.
      446 N LOUDOUN Street, WINCHESTER, VA 22601
      View Details
    • $525,000
      2,630 SF

      Versatile Retail/Office Space Available

      Retail/office space with high visibility and mixed-use zoning.
      2109 VALLEY Ave, Winchester, VA 22601
      View Details
    • $380,000

      Office Condo in Winchester, VA

      2000 SF office condo in excellent condition and location.
      240 AIRPORT Road, WINCHESTER, VA 22602
      View Details
    • $1,925,000
      11,060 SF

      Historic Office Building in Winchester

      Downtown Winchester office building with leasing and parking.
      40 W PICCADILLY St, Winchester, VA 22601
      View Details
    • $1,300,000
      2,600 SF

      Prime Commercial Office Space Available

      Highly visible office space near Shenandoah University with ample parking.
      650 MILLWOOD Ave, Winchester, VA 22601
      View Details

    FAQs

    What type of property is this?
    Flex space - 5000 SF flex space leased until August 2025.
    Where is this flex space located?
    The property is located at 250 AIRPORT ROAD 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: 5000 SF Flex Space featuring 1000 SF of Office space and 4000 SF Warehouse.; Leased until August 2025.; Convenient Location: just 5 minutes from I‑81 (Exit 313).
    (540) 662-9937
    We can help!
    Listing Contact
    Gillian J Greenfield
    Gillian J Greenfield
    Real Estate License ID: 0225064152
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    250 AIRPORT ROAD, WINCHESTER, VA 22602
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!