Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    LEIGH RD Warrenton, VA 20186

    View on Map
    Claim this Listing
    New
    For Sale
    $450,000

    LAND - WARRENTON, VA

    Lot size:
    1.40 Acres
    Added:
    Apr 28, 2026
    Days on Market:
    1
    Last Refresh:
    Apr 28 at 8:06 pm

    Property Features for LEIGH RD

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.40 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6

    We can help!

    Listing Contact
    Elizabeth A Kramer

    Listing agent Elizabeth A Kramer License #0225093871

    Listing office Century 21 Redwood Realty 44095 Pipeline Plaza unit: 300, FREDERICKSBURG, VA

    Listing date Apr 28, 2026

    MLS# VAFQ2021752

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Secluded Homesite with Mountain Views

    This 1.4-acre lot in Warrenton, Virginia, offers a secluded setting with western views of the Blue Ridge Mountains. The property borders an adjacent horse farm, providing a tranquil, rural atmosphere. The lot has been partially cleared to facilitate building. A septic application has been completed, and the septic field location is marked on the property. Orange markers indicate the septic field, blue markers outline the boundary line, and pink markers show the property line. An easement will be provided at settlement.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Warrenton
    County
    Fauquier
    State
    Virginia
    Longitude
    -77.81386
    Latitude
    38.69415

    Nearby Similar for Sale

    • $2,000,000

      Versatile Commercial Building Near Warrenton

      8,000+ sq ft commercial building with endless potential.
      7373 COMFORT INN DR, WARRENTON, VA 20187
      View Details
    • $210,000

      Warrenton Office Condo For Sale

      Office condo in Old Town Warrenton with on-site parking.
      75 W LEE Street, WARRENTON, VA 20186
      View Details
    • $699,999

      Old Town Warrenton Office Space

      Office space for sale in Old Town Warrenton, Virginia.
      29 CULPEPER Street, WARRENTON, VA 20186
      View Details
    • $439,000

      11.06 Acres on Lee Highway

      Land for sale near Warrenton's Old Town.
      9172 LEE Highway, WARRENTON, VA 20186
      View Details
    • $1,475,000
      7,300 SF

      Office/Medical Building Near Fauquier Hospital

      7,300 SF office/medical building for sale near Fauquier Hospital.
      555 HOSPITAL DRIVE, WARRENTON, VA 20186
      View Details
    • $3,299,000

      Prime Commercial Land Opportunity

      11.57 acres of commercial land in Warrenton, Virginia.
      10040 JAMES MADISON Highway, WARRENTON, VA 20186
      View Details
    • $250,000

      Warrenton Office Condo Available Now

      Office condo in historic Warrenton, close to Main Street.
      28 JOHN MARSHALL St 10, Warrenton, VA 20186
      View Details
    • $299,000

      7-Acre Lot Near Warrenton

      7-acre lot with pond, near nature preserve and Warrenton.
      WESTON, WARRENTON, VA 20186
      View Details
    • $579,999

      Lakefront Property Family Compound Opportunity

      13 acre lakefront property near Warrenton, primed for development.
      0 RILEY RD, WARRENTON, VA 20187
      View Details
    • $1,590,000

      Warrenton Land with Development Potential

      Six lots, two houses, and four acres near Main Street.
      273 WATERLOO Street, WARRENTON, VA 20186
      View Details
    • $275,000

      Warrenton Land Parcel For Sale

      2.08-acre parcel near Vint Hill, build your custom home.
      BROAD RUN CHURCH RD, WARRENTON, VA 20187
      View Details
    • $2,900,000
      4,000 SF

      Versatile Industrial Property For Sale

      2.42-acre industrial property with 4,000 SF building in Midland, VA.
      10116 Meetze Rd, WARRENTON, VA 20187
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Dream homesite in Warrenton with Blue Ridge Mountain views.
    Where is this residential land & home lot located?
    The property is located at LEIGH RD Warrenton, VA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Breathtaking Western Views: Enjoy stunning, unobstructed views of the Blue Ridge Mountains.; Partially Cleared Lot: Simplifying and accelerating the building process.; Septic System Ready: A completed septic application and clearly marked septic field location are in place.
    (571) 220-2662
    We can help!
    Listing Contact
    Elizabeth A Kramer
    Real Estate License ID: 0225093871
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!