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Property profile & analytics
OFF-MARKET
Estimated value
$10,525,000
Medical Office Space
493 Blackwell Rd Warrenton, VA 20186-2639
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1311690
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1996
Total area
51,048 SF
Lot
3.99 ac (173,761 SF)
Zoning code
PUD PLANNED UNIT DEV
APN
6984-57-5970
UPID
US87-1311690
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
-
Fauquier Chiropractic Alternative Medicine Practice
-
Dr. Thomas P. Nicolai Alternative Medicine Practice
-
Dr. Larry K. Heath, MD Physician
-
Fauquier Health Sleep Center Medical Clinic
-
Piedmont Urgent Care Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.53M
CAP Approach
CAP
$12.32M
Comparable Approach
Comparable
$8.47M
Blend (final)
Blend
$10.53M
Owner & transaction history
Uva Community Health Medical Group · 1 yrs held
Uva Community Health Medical Group
since 2024
Last sale
$10.5M
5 recorded transactions
Zoning & alternative use
PUD PLANNED UNIT DEV · Warrenton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$8.0M
+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
$10,525,000
ML approach
$10,525,000
CAP Approach
CAP Return
Estimation
6%
$13,345,000
6.5%
$12,320,000
7%
$11,440,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$7,930,000
Current use
OFFICE BUILDING
$7,960,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$10.53M
Range $9.47M – $11.58M · ±10% · vs last sale $10.53M (Oct 1 2024)
Last sale anchor
$10.53M
Oct 1 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
$206 / 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
$92,918
Tax year 2024
Assessed value
$9,853,400
Assessed 2024
Previous assessed
$9,853,400
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$2,780,300
Assessed improvement
$7,073,100
Land market value
$2,780,300
Improvement market value
$7,073,100
Total market value
$9,853,400
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
1996
Heating
HEAT PUMP
Cooling
YES
Stories
3
Total area
51,048 SF
Lot
3.99 ac (173,761 SF)
Zoning code
PUD PLANNED UNIT DEV
APN
6984-57-5970
UPID
US87-1311690
Jurisdiction
FAUQUIER
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PUD PLANNED UNIT DEV · Warrenton, VA
Zoning PUD PLANNED UNIT DEV · permitted uses
PUD PLANNED UNIT DEV · 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
$7.9M
OFFICE BUILDING
Est. value
$8.0M
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
1996
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Lot
3.99 ac
Current owner
From public records · entity-resolved
Uva Community Health Medical Group
Entity
Free & Clear · 1 yrs held
Mailing address
8700 SUDLEY RD #300, MANASSAS, VA 20110-4418
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2024
$10,325,000
Uva Community Health Medical Group
Warrenton Professional Center Lc
Deed
related
—
Oct 1, 2024
$10,525,000
Uva Community Health Medical Group
Warrenton Professional Center Lc
Special Warranty Deed
—
Jan 22, 2009
—
Warrenton Prof Center Lc
—
Deed Of Trust
related
$4,000,000 · Branch Banking & Trust Co
Jan 30, 2007
—
Warrenton Professional Cntr Lc
Warrenton Professional Cntr Lc
Quit Claim Deed
related
—
—
—
Warrenton Prof Center Lc
—
Deed Of Trust
related
$2,450,000 · Union Bk&tr
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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