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Property profile & analytics
FOR LEASE
Industrial properties
251 W Lee Hwy Warrenton, VA 20186
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US87-0689827
For Lease
1 / 2
$31,040,000
251 W Lee Hwy, Warrenton, VA 20186
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1960
Total area
167,332 SF
Lot
22.59 ac (984,108 SF)
Zoning code
COMMERCIAL/LIMITED
APN
6984-29-6753
UPID
US87-0689827
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
-
Faangthai Restaurant
-
TAJ Palace Indian Cuisine Restaurant
-
Chipotle Mexican Grill Take-out & Catering Catering Service
-
Firehouse Subs Warrenton Shopping Center Take-out & Catering Catering Service
-
Red Zone Bar & Grill Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$31.04M
Owner & transaction history
Warrenton Center LLC
Warrenton Center LLC
since 2026
3 recorded transactions
Zoning & alternative use
COMMERCIAL/LIMITED · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$185 / 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
$316,905
Tax year 2024
Assessed value
$33,606,000
Assessed 2024
Previous assessed
$33,606,000
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$15,745,900
Assessed improvement
$17,860,100
Land market value
$15,745,900
Improvement market value
$17,860,100
Total market value
$33,606,000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
For Lease
Year built
1960
Heating
FORCED AIR
Cooling
YES
Buildings
9
Stories
1
Rooms
4
Bathrooms
12
Total area
167,332 SF
Lot
22.59 ac (984,108 SF)
Zoning code
COMMERCIAL/LIMITED
APN
6984-29-6753
UPID
US87-0689827
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.
Building & site characteristics
From public records
Year built
1960
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
9
Rooms
4
Bathrooms
12
Lot
22.59 ac
Current owner
From public records · entity-resolved
Warrenton Center LLC
Entity
Mailing address
1945 OLD GALLOWS RD STE #300, VIENNA, VA 22182-3931
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2026
—
Warrenton Center LLC
—
Deed
related
$18,000,000 · Wesbanco Bank INC
Oct 13, 2005
—
Warrenton Cntr LLC
—
Deed Of Trust
related
$20,000,000 · Nli Commercial Mortgage Fund
—
—
Warrenton Center LLC
—
Deed Of Trust
related
$20,000,000 · Miscellaneous Ins Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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