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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Warehouses
170 Lee Hwy, Warrenton, VA 20186-2500
Trust Owned
9-yr Hold
Free & Clear
Property ID
US87-0825135
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
3,900 SF
Lot
0.71 ac (30,775 SF)
Zoning code
COMMERCIAL/LIMITED
APN
6984-38-4963
UPID
US87-0825135
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
Current use
Occupant on record · Public records
-
Blalock Cycle Honda Service Auto Repair Shop
-
Blalock Cycle Co. Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$630k
Comparable Approach
Comparable
$629k
Blend (final)
Blend
$630k
Owner & transaction history
Blalock,barbara A Trust · 9 yrs held
Blalock,barbara A Trust
since 2017
5 recorded transactions
Zoning & alternative use
COMMERCIAL/LIMITED · Warrenton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$610,000
+41.0%
Medical building
$605,000
+40.5%
Neighborhood: shopping center
$450,000
+4.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Warrenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warrenton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$680,000
6.5%
$630,000
7%
$585,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$430,000
Current use
OFFICE BUILDING
$610,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$605,000
Change: +41% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$450,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$630k
Range $567k – $693k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$162 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$4,848
Tax year 2024
Assessed value
$514,100
Assessed 2024
Previous assessed
$514,100
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$424,800
Assessed improvement
$89,300
Land market value
$424,800
Improvement market value
$89,300
Total market value
$514,100
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
FORCED AIR
Stories
1
Rooms
4
Bathrooms
2
Total area
3,900 SF
Lot
0.71 ac (30,775 SF)
Zoning code
COMMERCIAL/LIMITED
APN
6984-38-4963
UPID
US87-0825135
Jurisdiction
FAUQUIER
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
COMMERCIAL/LIMITED · Warrenton, VA
Zoning COMMERCIAL/LIMITED · permitted uses
COMMERCIAL/LIMITED · Warrenton, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warrenton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$430,000
OFFICE BUILDING
Est. value
$610,000
MEDICAL BUILDING
Est. value
$605,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$450,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
FORCED AIR
Stories
1
Rooms
4
Bathrooms
2
Lot
0.71 ac
Current owner
From public records · entity-resolved
Blalock,barbara A Trust
Trust
Free & Clear · 9 yrs held
Mailing address
8016 OLD WATERLOO RD, WARRENTON, VA 20186-9752
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2017
—
Blalock,henry A Trust
—
Deed
related
$266,544 · Oak View Nat'l Bk
Mar 9, 2017
—
Blalock,barbara A Trust
Blalock,barbara A
Quit Claim Deed
related
—
Jul 17, 2014
—
Henry W Blalock
Blalock Barbara A & Henry
Quit Claim Deed
related
—
—
—
Blalock,barbara A & Henry W Tr
—
Deed Of Trust
related
$350,000 · Suntrust Bank NA
—
—
Blalock,henry A Trust
—
Loan Modification
related
$266,544 · Oak View Nat'l Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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