Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    126 N Main St Warrenton, NC 27589
    Property profile & analytics

    126 N Main St, Warrenton, NC 27589

    View on Map
    • Investment properties
    • 2,380 SF
    • 53.00 lot acres
    For Lease
    $1,995/Mo
    View Listing →
    Warrenton Office Space For Rent For Lease
    $1,995/Mo
    1,281 SF

    Warrenton Office Space For Rent

    Downtown Warrenton office space with high visibility.

    126 N Main Street, Warrenton, NC 27589
    View Listing
    Property ID
    US53-4127154
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Friends Two / (Bike/Boat/Book/etc) Store
    • Lake Area Health Care / Medical Clinic
    • YOUniversal Solutions / Home Health Care Service

    Property Details for 126 N Main St

    Year built
    1947
    Lot size
    53.00 lot acres
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    E6B283
    APU
    E6B283

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 25, 2010 — Alpheus Jones JR Hunter Drug Co Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Warrenton
    County
    Warren
    State
    North Carolina
    Longitude
    -78.1552
    Latitude
    36.3975

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,466
    $15,264
    $78,142
    $93,406
    -
    $15,264
    $78,142
    $93,406

    Comparable in this City

    • Value Estimation by Request
      1,400 SF

      130 Main St

      STORE/OFFICE (MIXED USE)
      130 Main St, Warrenton, NC 27589-1952
      View Details
    • Value Estimation by Request
      3,136 SF

      117 Market St

      STORE/OFFICE (MIXED USE)
      117 Market St, Warrenton, NC 27589-1945
      View Details
    • Value Estimation by Request
      2,160 SF

      102 College St

      STORE/OFFICE (MIXED USE)
      102 College St, Warrenton, NC 27589-1904
      View Details
    • Value Estimation by Request
      1,656 SF

      108 Main St

      STORE/OFFICE (MIXED USE)
      108 Main St, Warrenton, NC 27589-1922
      View Details
    • Value Estimation by Request
      8,080 SF

      142 Main St Thru

      STORE/OFFICE (MIXED USE)
      142 Main St Thru, Warrenton, NC 27589-1952
      View Details
    • Value Estimation by Request
      8,580 SF

      116 Franklin St

      STORE/OFFICE (MIXED USE)
      116 Franklin St, Warrenton, NC 27589
      View Details

    Similar Nearby for Sale

    • New
      $424,900
      4,340 SF

      Restored Mixed-Use Historic Downtown Property

      Charming mixed-use property with income potential in historic Warrenton.
      134 S Main St, Warrenton, NC 27589
      View Details
    • Contact for pricing
      6,516 SF

      Historic Mixed-Use Property in Warrenton

      Historic Warrenton mixed-use property with retail, office, residential potential.
      123 S Main St, Warrenton, NC 27589
      View Details
    • $165,000
      0.32 Acres

      Historic Downtown Warrenton Mixed-Use Building

      Charming mixed-use building in historic Warrenton, North Carolina.
      110-116 S Main St, Warrenton, NC 27589
      View Details
    • $293,220
      6,516 SF

      Historic Downtown Warrenton Mixed-Use

      Prime location, high potential, needs renovation.
      123 Main St, Warrenton, NC 27589
      View Details
    • $30,000
      3.78 Acres

      Warrenton Land: Private Residential Opportunity

      3.78 acres of residential land with no HOA fees.
      7 Richardson Rd, Warrenton, NC 27589
      View Details
    • New
      $424,900
      4,340 SF

      Historic Mixed-Use Building

      Restored downtown storefront and two-bedroom residence with private courtyard and off-street parking for combined income and living.
      134 S Main St, Warrenton, NC 27589
      View Details

    Similar Nearby for Lease

    • $1,995 /Mo
      4,808 SF

      Professional Office Building in Warrenton

      Modern office spaces suitable for medical, legal, or general office.
      115 E Market St, Warrenton, NC 27589
      View Details
    • $1,995 /Mo
      1,281 SF

      Warrenton Office Space For Rent

      Downtown Warrenton office space with high visibility.
      126 N Main St, Warrenton, NC 27589
      View Details
    View Listing
    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.
    126 N Main St
    Warrenton, NC 27589
    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

    Thank You for Inquiry
    126 N Main St, Warrenton, NC, 27589
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!