Office Condo With Two
New
For Sale
$210,000
75 W Lee St Unit 103, Warrenton, VA 20186
Two independent entrances support flexible office configuration with on-site parking in Old Town Warrenton.
Property Size897 SF
Price / SF$234.11
Days on Market2
Property Features for 75 W Lee St Unit 103
General Information
Standard status
Active
Size
897 SF
Additional Details
Office Units
1
Building Details
Year Built
1986
Tenancy
Single
Owner Occupied
No
Listing Agency:
Ross Real Estate
(540) 270-4819
Listed By:
Tyler Ross
Source:
Kandorre
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 9:29AM
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 Ross Real Estate
Investment Insights
Based on property information with market context.
This office condo offers an estimated 897 square feet with two independent entrances, providing separation between entry points for office operations. The unit includes on-site parking and was built in 1986. Photos were taken before the current tenant’s occupancy, and the square footage is estimated.
Located in Old Town Warrenton at 75 W Lee St Unit 103, the property is within walking distance of Main Street. The unit is currently occupied by an esthetician and subject to a lease through 11/30/2026. Showings are by appointment only, and the tenant should not be disturbed.
Located in Old Town Warrenton at 75 W Lee St Unit 103, the property is within walking distance of Main Street. The unit is currently occupied by an esthetician and subject to a lease through 11/30/2026. Showings are by appointment only, and the tenant should not be disturbed.
Key Highlights
- Estimated 897 square feet of office condo space
- Two independent entrances
- On‑site parking
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 | $18.7k | $20.88 |
| − Vacancy | −$2.7k | −$3.03 |
| EGI | $16.0k | $17.85 |
| − OpEx | −$4.0k | −$4.46 |
| NOI | $12.0k | $13.39 |
897 SF · lease $20.88/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$171.6K
$150.1K – $200.2K
NOI $12,010 @ 7.0% cap · market cap 5.72%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$498.2K
$435.9K – $581.3K
NOI $34,875 @ 7.0% cap · market cap 16.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,447
Businesses Nearby
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two independent entrances support flexible office configuration with on-site parking in Old Town Warrenton.
Where is this office units located?
The property is located at 75 W Lee St Unit 103 Warrenton, VA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Estimated 897 square feet of office condo space; Two independent entrances; On‑site parking
