Four-Unit Multifamily
5327 LEE HIGHWAY, Warrenton, VA 20187
For Sale
New
$925,000
Four residences and a separate garage provide a mix of residential and garage rental spaces.
Property Size3,476 SF
Price / SF$271.58
Days on Market4
Property Features for 5327 LEE HIGHWAY
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
Central Air, Ceiling Fan(s), Multi Units, Window Unit(s), Wall Unit(s), Electric
Exhaust Fan, Oil, Forced Air
Electric Range, Electric Oven, Electric Water Heater, Washer, Dishwasher, Dryer, Exhaust Fan, Refrigerator
Garage Door Opener, Gravel, Garage, Driveway, Detached
Ranch/Rambler
Building Details
Building Size
Year Built
Listing Agency:
LPT Realty, LLC
Listed By:
Devin McElfish · License #0225212101
(703) 828-4749
Source:
Evrealestate
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 6:14AM
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 LPT Realty, LLC
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Investment Insights
Based on property information with market context.
The 3,406-square-foot property in Warrenton contains four residential units and a detached garage. The residences include one 4-bedroom, 2-bathroom unit, one 2-bedroom, 1-bathroom unit, and two 1-bedroom, 1-bathroom units. The garage is a separate rental space.
The property is in Warrenton, with access to shopping, dining, schools, employment opportunities, and major commuter routes.
The property is in Warrenton, with access to shopping, dining, schools, employment opportunities, and major commuter routes.
Key Highlights
- 3,406‑square‑foot property with four residential units and a detached garage
- Unit mix: one 4‑bedroom/2‑bathroom residence, one 2‑bedroom/1‑bathroom residence, and two 1‑bedroom/1‑bathroom residences
- Located in Warrenton with access to major commuter routes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,945
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,158,900
$1.2M
Cap Rate 7%
$827,786
$827.8K
Cap Rate 9%
$643,833
$643.8K
Market Conditions
NOI Build-Up for 3,406 SF
Gross rent
$87.9K $25.80/SF
− Vacancy
−$5.1K −$1.50/SF
EGI
$82.8K $24.30/SF
− OpEx
−$24.8K −$7.29/SF
NOI
$57.9K $17.01/SF
Area
Fauquier County, VA
Vacancy
5.80%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,158,900
Cap Rate 7%
$827,786
Cap Rate 9%
$643,833
Alternative Uses
Best Use
Multifamily LT 5
$827.8K
$724.3K – $965.8K
NOI $57,945 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$732.2K
$640.7K – $854.2K
NOI $51,253 @ 7.0% cap · market cap 5.54%
Theoretical Best
Specialty Retail
$1.89M
$1.66M – $2.21M
NOI $132,425 @ 7.0% cap · market cap 14.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
86
Businesses Nearby
Explore this area
Business Placement
Demographics for 20187, VA
18,888
Population
6,886
Households
2.7
Avg Household Size
41
Median Age
54%
College-Educated
96%
High-School Grad
51.1 sq mi
ZIP Area
370
Density / Sq Mi
$166,113
Median Household Income
$76,721
Median Earnings
$1,873
Median Rent
$601,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residences and a separate garage provide a mix of residential and garage rental spaces.
Where is this quadplex located?
The property is located at 5327 LEE HIGHWAY Warrenton, VA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 3,406‑square‑foot property with four residential units and a detached garage; Unit mix: one 4‑bedroom/2‑bathroom residence, one 2‑bedroom/1‑bathroom residence, and two 1‑bedroom/1‑bathroom residences; Located in Warrenton with access to major commuter routes
