Listing Agency: Cres Inc Commercial Real Estate Services Show Phone

Listed By: Chris Bernard · License #VA-0225246993 Show Phone

Source: Moodyscre

Added: Jul 2 Changed: Oct 7 Last Checked: Oct 15 at 1:27AM

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Investment Insights

Based on property information with market context.

This 1,742-square-foot warehouse condominium provides an open industrial layout with an 18-foot clear ceiling, supporting vertical storage, equipment placement, or production activities. A full-sized drive-in roll-up door facilitates loading and unloading, while the dedicated office and in-unit restroom add practical support space.

The corner unit is located at 26-42 N 5th St in Warrenton, Virginia, with access and visibility from North Fifth Street. Its flexible configuration can accommodate racking, vehicles, equipment, or storage within the warehouse area.

Key Highlights

• 1,742‑square‑foot warehouse condominium at 26‑42 N 5th St
• 18‑foot clear ceiling height for vertical storage or lift installation
• Full‑sized drive‑in roll‑up door for loading and unloading

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$22,352

Cap Rate

4.52%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$447,040 $447.0K

Cap Rate 7%

$319,314 $319.3K

Cap Rate 9%

$248,356 $248.4K

Market Conditions

NOI Build-Up for 1,742 SF

Gross rent

$36.6K $21.00/SF

− Vacancy

−$2.2K −$1.26/SF

EGI

$34.4K $19.74/SF

− OpEx

−$12.0K −$6.91/SF

NOI

$22.4K $12.83/SF

Area

Fauquier County, VA

Vacancy

6.00%

Lease Rate

$21.00 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$447,040

Cap Rate 7%

$319,314

Cap Rate 9%

$248,356

Alternative Uses

Best Use

Flex RnD

$319.3K

$279.4K – $372.5K (±1% cap)

NOI $22,352 @ 7.0% cap · market cap 4.52%

Second Best

Warehouse

$261.0K

$228.4K – $304.5K (±1% cap)

NOI $18,269 @ 7.0% cap · market cap 3.69%

Theoretical Best

Specialty Retail

$967.6K

$846.6K – $1.13M (±1% cap)

NOI $67,729 @ 7.0% cap · market cap 13.68%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service Garden Center

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

Lease Details

18 ft

Clear height

1

Drive-in doors

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

1,126

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 20186, VA

15,171

Population

6,114

Households

2.5

Avg Household Size

43

Median Age

44%

College-Educated

93%

High-School Grad

58.7 sq mi

ZIP Area

258

Density / Sq Mi

$100,813

Median Household Income

$50,533

Median Earnings

$1,541

Median Rent

$485,000

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - Open industrial space with a drive-in door, dedicated office, and private restroom for efficient daily operations.

Where is this warehouse located?

The property is located at 26-42 N 5th St Warrenton, VA.

What is the asking price?

The asking price for this property is $495,000.

What are key features of this property?

This property features: 1,742‑square‑foot warehouse condominium at 26‑42 N 5th St; 18‑foot clear ceiling height for vertical storage or lift installation; Full‑sized drive‑in roll‑up door for loading and unloading