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    FOR SALE
    Retail space

    10040 James Madison Hwy, Warrenton, VA 20186

    852 SF 11.57 ac lot Built 1939
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US87-1258466
    10040 James Madison Hwy, Warrenton, VA 20186 For Sale
    $3,299,000 852 SF
    10040 James Madison Hwy, Warrenton, VA 20186
    View Listing →
    Property summary
    AI-generated overview

    This exceptional 11.57-acre commercial land parcel presents a unique investment opportunity in Warrenton, Virginia. Located at 10040 James Madison Hwy (Rt. 15/29/17), this property boasts a highly desirable location with excellent visibility and accessibility. The site is zoned C-2 within the Opal Service District and enjoys significant traffic volume, with approximately 44,000 vehicles passing daily. A conceptual layout envisions three retail pads and a self-storage pad, though the self-storage component would necessitate a Special Use Permit. The property's strategic positioning on the "going home" side of James Madison Highway ensures consistent exposure to a large consumer base. This versatile land offers significant potential for a variety of commercial developments, making it an attractive proposition for both sale and ground lease options. The asking price is $3,500,000. The property's APN is 6981-20-3733-000. This prime location in Fauquier County, Virginia, zip code 20186, offers unparalleled access and visibility for any commercial venture. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1939
    Total area 852 SF
    Lot 11.57 ac (504,120 SF)
    Zoning code COMMERCIAL HIWAY
    APN 6981-20-3733
    UPID US87-1258466
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.02M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.17M
    Owner & transaction history
    Singh Estates LLC · 3 yrs held
    Singh Estates LLC
    since 2022
    Last sale
    $1.2M
    1 recorded transaction
    2022
    $1.2M
    Zoning & alternative use
    COMMERCIAL HIWAY · Warrenton, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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