429 N ROYAL Ave Front Royal, VA 22630
Versatile 3,300+ sq ft property with modern updates and expansion potential.
Property Features for 429 N ROYAL Ave
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1926
Listing office Preslee Real Estate (540) 333-1093
Listing date Apr 15, 2026
Source Elliman
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 Preslee Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- High‑visibility corner lot location in Warren County with easy access to major highways.
- Versatile 3,300+ sq ft of remodeled commercial space with flexible layout.
- Additional vacant lot included, offering potential for parking, expansion, or future development.
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 | $68.9k | $20.88 |
| − Vacancy | −$10.0k | −$3.03 |
| EGI | $58.9k | $17.85 |
| − OpEx | −$14.7k | −$4.46 |
| NOI | $44.2k | $13.39 |