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Property profile & analytics
OFF-MARKET
Estimated value
$8,775,000
Medical Office Space
360 Hospital Dr Warrenton, VA 20186-3006
Entity Owned
1-yr Hold
Free & Clear
Property ID
US87-3296909
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1990
Total area
43,784 SF
Lot
4.8 ac (209,088 SF)
Zoning code
PUBLIC/SEMIPUBLIC
APN
6974-94-6015
UPID
US87-3296909
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
-
Michael Fiore Physician
-
Fauquier Health Rehabilitation and Nursing Center Geriatric Care Provider Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.78M
CAP Approach
CAP
$10.57M
Comparable Approach
Comparable
$8.00M
Blend (final)
Blend
$8.78M
Owner & transaction history
360 Hospital Drive Propco LLC · 1 yrs held
360 Hospital Drive Propco LLC
since 2024
Last sale
$8.8M
6 recorded transactions
Zoning & alternative use
PUBLIC/SEMIPUBLIC · Warrenton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.8M
+0.4%
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
$8,775,000
ML approach
$8,775,000
CAP Approach
CAP Return
Estimation
6%
$11,445,000
6.5%
$10,565,000
7%
$9,810,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$6,805,000
Current use
OFFICE BUILDING
$6,830,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$8.78M
Range $7.90M – $9.65M · ±10% · vs last sale $8.78M (Sep 11 2024)
Last sale anchor
$8.78M
Sep 11 2024
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
$200 / 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
$87,809
Tax year 2024
Assessed value
$9,311,700
Assessed 2024
Previous assessed
$9,311,700
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$2,509,000
Assessed improvement
$6,802,700
Land market value
$2,509,000
Improvement market value
$6,802,700
Total market value
$9,311,700
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1990
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
15
Bathrooms
115
Total area
43,784 SF
Lot
4.8 ac (209,088 SF)
Zoning code
PUBLIC/SEMIPUBLIC
APN
6974-94-6015
UPID
US87-3296909
Jurisdiction
FAUQUIER
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PUBLIC/SEMIPUBLIC · Warrenton, VA
Zoning PUBLIC/SEMIPUBLIC · permitted uses
PUBLIC/SEMIPUBLIC · 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
MEDICAL BUILDING Current
Est. value
$6.8M
OFFICE BUILDING
Est. value
$6.8M
MEDICAL BUILDING Current
OFFICE BUILDING
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
1990
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
15
Bathrooms
115
Lot
4.8 ac
Current owner
From public records · entity-resolved
360 Hospital Drive Propco LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1135 E VETERANS HWY STE #1, JACKSON, NJ 08527-5090
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2024
$8,775,000
360 Hospital Drive Propco LLC
360 Hospital Drive Ltc LLC
Special Warranty Deed
—
Feb 20, 2024
$12,000,000
360 Hospital Drive Ltc LLC
Fauquier Long Term Care LLC
Special Warranty Deed
$9,360,938 · Capital One National Association
Aug 27, 2020
—
Fauquier Medical Ctr LLC
—
Deed
related
$1,200,000 · Wilmington Tr NA
Nov 1, 2013
$20,190,200
Fauquier Long-term Care LLC
Fauquier Health Senior Living
Grant Deed
related
—
—
—
Fauquier Hospital INC
—
Deed Of Trust
related
$47,529,615 · Bank Of Ny Mellon
—
—
Fauquier Medical Ctr LLC
—
Deed Of Trust
related
$1,200,000 · Wilmington Tr NA
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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