A-Frame Retail
New
For Sale
Contact for pricing
505 S ROYAL AVENUE S, Front Royal, VA 22630
The freestanding building combines open areas, private offices, kitchen facilities, and on-site parking.
Property Size2,400 SF
Price / SF$0.79
Days on Market5
Property Features for 505 S ROYAL AVENUE S
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Commercial
Space & Availability
Floor
Lower Level
Condition
Move-in Ready
Additional Details
Property Use
Retail/Commercial
Building Details
Year Built
1975
Buildings
1
Construction
A-frame
Listing Agency:
RE/MAX Real Estate Connections
(703) 659-1109
Listed By:
John W Cantrell · License #0225-122338
(703) 257-7227
Source:
Cummingsrealtors
Added: Oct 31
Changed: Nov 3
Last Checked: Nov 3 at 5:07AM
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 RE/MAX Real Estate Connections
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Investment Insights
Based on property information with market context.
This freestanding retail property has an A-frame chalet design and dates to 1975. The 2,400-square-foot building includes large open rooms, private offices, kitchen facilities, and one bathroom; approximately 860 square feet is on the lower level. Parking is available on site.
The property is at 505 S Royal Avenue S in Front Royal, about half a mile from the Skyline Drive entrance.
The property is at 505 S Royal Avenue S in Front Royal, about half a mile from the Skyline Drive entrance.
Key Highlights
- 2,400‑square‑foot freestanding retail building
- A‑frame chalet design; approximately 860 square feet on the lower level
- Large open rooms and private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,134
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,680
$642.7K
Cap Rate 7%
$459,057
$459.1K
Cap Rate 9%
$357,044
$357.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$50.1K $20.88/SF
− Vacancy
−$7.3K −$3.03/SF
EGI
$42.8K $17.85/SF
− OpEx
−$10.7K −$4.46/SF
NOI
$32.1K $13.39/SF
Area
Warren County, VA
Vacancy
14.50%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,680
Cap Rate 7%
$459,057
Cap Rate 9%
$357,044
Alternative Uses
Best Use
Retail
$1.15M
$1.00M – $1.34M
NOI $80,284 @ 7.0% cap · market cap 4,236.62%
Second Best
Office B
$459.1K
$401.7K – $535.6K
NOI $32,134 @ 7.0% cap · market cap 1,695.73%
Theoretical Best
Specialty Retail
$1.33M
$1.17M – $1.56M
NOI $93,312 @ 7.0% cap · market cap 4,924.12%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
896
Businesses Nearby
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Business Placement
Demographics for 22630, VA
33,829
Population
14,465
Households
2.3
Avg Household Size
42
Median Age
26%
College-Educated
89%
High-School Grad
121.9 sq mi
ZIP Area
278
Density / Sq Mi
$84,513
Median Household Income
$44,771
Median Earnings
$1,183
Median Rent
$329,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - The freestanding building combines open areas, private offices, kitchen facilities, and on-site parking.
Where is this retail space located?
The property is located at 505 S ROYAL AVENUE S Front Royal, VA.
What are key features of this property?
This property features: 2,400‑square‑foot freestanding retail building; A‑frame chalet design; approximately 860 square feet on the lower level; Large open rooms and private offices
