1431 Welding Ln Warrenton, VA 20186
- Commercial real estate
- 1,800 SF
- 4.62 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1431 Welding Ln
- Year built
- 1985
- Lot size
- 4.62 lot acres
- Property size
- 1,800 SF
- Zone code
- LI
- Property type
- Commercial real estate
- APN
- 3- - - - 2-B1
- APU
- 32B1
Description
This exceptional 4.6-acre commercial industrial property in Warrenton, VA, presents a unique investment opportunity. The site boasts a 1,800 square foot metal building, ideally suited for various industrial uses. Zoned I1, the property offers significant flexibility for development. The location is highly accessible, with a newly installed turning lane off Route 211 providing convenient ingress and egress. An approved site plan exists for an RV parking and storage lot, adding further potential for income generation. The property includes a well for water, and while an abandoned septic system is present, a new conventional septic system and drainfield have received approval. Please note that existing sheds and sea crates are not included in the sale. Showings are strictly by appointment only, and access to the property is not permitted without prior arrangement. This property is priced at $1,500,000. This is a rare opportunity to acquire a well-located, versatile industrial property with significant upside potential. The approved site plan and convenient access make this an attractive investment for both immediate use and future development.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,040,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $895,000
- 6.5%
- $915,000
- 7%
- $905,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $885,000
- Geo Method
- $740,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $950,000
- Retail
- $885,000
- Mixed-Use
- $735,000
- Hospitality
- $945,000
- Educational
- $805,000
- Residential Income
- $715,000
- Energy
- $905,000
- Income-Based Land
- $775,000
- Food Service
- $920,000
Location Insight
- Map
- Local Demand
- City
- Warrenton
- County
- Culpeper
- State
- Virginia
- Longitude
- -77.9071
- Latitude
- 38.6794
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA