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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Office buildings
21 Culpeper St Warrenton, VA 20186-3319
Entity Owned
5-yr Hold
Free & Clear
Property ID
US87-1129721
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1909
Total area
3,752 SF
Lot
0.04 ac (1,908 SF)
Zoning code
CENTRAL BUSINESS DISTRICT
APN
6984-33-9488
UPID
US87-1129721
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
-
Ashwell & Ashwell, PLLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
$825k
Comparable Approach
Comparable
$763k
Blend (final)
Blend
$625k
Owner & transaction history
Ash Cap Hldgs LLC · 5 yrs held
Ash Cap Hldgs LLC
since 2020
Last sale
$632,689
7 recorded transactions
Zoning & alternative use
CENTRAL BUSINESS DISTRICT · Warrenton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$625,000
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
$895,000
6.5%
$825,000
7%
$765,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$850,000
Current use
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $633k (Oct 22 2020)
Last sale anchor
$633k
Oct 22 2020
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
$167 / 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
$4,877
Tax year 2024
Assessed value
$517,200
Assessed 2024
Previous assessed
$517,200
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$264,600
Assessed improvement
$252,600
Land market value
$264,600
Improvement market value
$252,600
Total market value
$517,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1909
Heating
FORCED AIR
Cooling
YES
Stories
2
Rooms
6
Bathrooms
3
Total area
3,752 SF
Lot
0.04 ac (1,908 SF)
Zoning code
CENTRAL BUSINESS DISTRICT
APN
6984-33-9488
UPID
US87-1129721
Jurisdiction
FAUQUIER
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CENTRAL BUSINESS DISTRICT · Warrenton, VA
Zoning CENTRAL BUSINESS DISTRICT · permitted uses
CENTRAL BUSINESS DISTRICT · 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
OFFICE BUILDING Current
Est. value
$850,000
OFFICE BUILDING Current
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
Year built
1909
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
6
Bathrooms
3
Lot
0.04 ac
Current owner
From public records · entity-resolved
Ash Cap Hldgs LLC
Entity
Free & Clear · 5 yrs held
Mailing address
21 CULPEPER ST, WARRENTON, VA 20186-3319
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2020
$632,689
Ash Cap Hldgs LLC
Warrenton Invs INC
Warranty Deed
—
Oct 22, 2020
—
Ash Capital Holdings LLC
—
Deed
related
$630,000 · Atlantic Union Bank
Jul 22, 2016
—
Warrenton Invs INC
—
Deed
related
$500,000 · Union Bk&tr
Feb 11, 2009
$725,000
Warrenton Investments INC
Grant Street LLC
Grant Deed
—
Jun 23, 2008
—
John Capetanakis
Clea Investments LLC
Grant Deed
related
—
—
—
Warrenton Investments INC
—
Deed Of Trust
related
$580,000 · Fauquier Bank
—
—
Warrenton Invs INC
—
Deed Of Trust
related
$500,000 · Union Bk&tr
—
—
Warrenton Investments INC
—
Loan Modification
related
$580,000 · Fauquier Bank
—
—
Ash Cap Hldgs LLC
—
Deed Of Trust
related
$630,000 · Atlantic Union 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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