Warehouse
For Sale
$765,000
Pending
741 Old Brandy Rd, Culpeper, VA 22701
For sale warehouse at 741 Old Brandy Rd in Culpeper County.
Property Size3,875 SF
Days on Market132
Property Features for 741 Old Brandy Rd
General Information
Standard status
Pending
Size
3,875 SF
Total Parking Spaces
18
Zoning
INDUSTRIAL
Taxes and HOA fees
Annual Taxes
$2,025
Amenities
Forced Air, Electric
Electric Water Heater
Building Details
Building Size
3,875 SF
Year Built
2000
Listing Agency:
FARMS & ACREAGE, INC.
Listed By:
Paul T Ebert
(571) 330-2225
Source:
Evrealestate
Added: Apr 27
Changed: Aug 8
Last Checked: Jul 24 at 7:20AM
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 FARMS & ACREAGE, INC.
Investment Insights
Based on property information with market context.
This property is a warehouse offered for sale. The asset is located at 741 Old Brandy Rd.
Directions provided are to take I-66 W and US-29 S to Old Brandy Rd in Culpeper. The property is in Culpeper County, Virginia.
The listing includes a reported property size of 3,875.
Directions provided are to take I-66 W and US-29 S to Old Brandy Rd in Culpeper. The property is in Culpeper County, Virginia.
The listing includes a reported property size of 3,875.
Key Highlights
- Warehouse for sale at 741 Old Brandy Rd in Culpeper County
- Built in 2000
- Heating: forced air and electric
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,638
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$812,760
$812.8K
Cap Rate 7%
$580,543
$580.5K
Cap Rate 9%
$451,533
$451.5K
Market Conditions
NOI Build-Up for 3,875 SF
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.
Gross rent
$50.2K $12.96/SF
− Vacancy
−$2.4K −$0.62/SF
EGI
$47.8K $12.34/SF
− OpEx
−$7.2K −$1.85/SF
NOI
$40.6K $10.49/SF
Area
Culpeper County, VA
Vacancy
4.80%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$812,760
Cap Rate 7%
$580,543
Cap Rate 9%
$451,533
Alternative Uses
Best Use
Warehouse
$580.5K
$508.0K – $677.3K
NOI $40,638 @ 7.0% cap · market cap 5.31%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.15M
$1.88M – $2.51M
NOI $150,660 @ 7.0% cap · market cap 19.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
578
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 22701, VA
37,411
Population
13,770
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
88%
High-School Grad
172.2 sq mi
ZIP Area
217
Density / Sq Mi
$93,910
Median Household Income
$47,492
Median Earnings
$1,386
Median Rent
$376,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- JHB Rental Properties & Storage — 501 N Main St, Culpeper, VA 22701
Frequently Asked Questions
What type of property is this?
Warehouse - For sale warehouse at 741 Old Brandy Rd in Culpeper County.
Where is this warehouse located?
The property is located at 741 Old Brandy Rd Culpeper, VA.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Warehouse for sale at 741 Old Brandy Rd in Culpeper County; Built in 2000; Heating: forced air and electric
