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Property profile & analytics
OFF-MARKET
Estimated value
$9,100,000
Medical Office Space
500 Hospital Dr Warrenton, VA 20186-3027
Entity Owned
2-yr Hold
Free & Clear
Property ID
US87-1211226
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1958
Total area
252,713 SF
Lot
19.49 ac (849,072 SF)
Zoning code
PUBLIC/SEMIPUBLIC
APN
6984-03-2517
UPID
US87-1211226
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
-
Fresenius Medical Care at Fauquier Hospital Medical Clinic
-
Land Linda L Medical Clinic
-
Dr. Nandini Chhitwal, MD Physician
-
Weis Tamara Physician
-
Fauquier Hospital-Virginia Radiology Associates Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.10M
Owner & transaction history
253 Veterans Drive Mob LLC · 2 yrs held
253 Veterans Drive Mob LLC
since 2024
Last sale
$9.1M
6 recorded transactions
Zoning & alternative use
PUBLIC/SEMIPUBLIC · 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
$9,100,000
ML approach
$9,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.10M
Range $8.19M – $10.01M · ±10% · vs last sale $9.10M (Feb 20 2024)
Last sale anchor
$9.10M
Feb 20 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
$36 / 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
$508,512
Tax year 2024
Assessed value
$53,924,900
Assessed 2024
Previous assessed
$53,924,900
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$9,455,900
Assessed improvement
$44,469,000
Land market value
$9,455,900
Improvement market value
$44,469,000
Total market value
$53,924,900
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
1958
Heating
HEAT PUMP
Cooling
YES
Stories
5
Rooms
2
Total area
252,713 SF
Lot
19.49 ac (849,072 SF)
Zoning code
PUBLIC/SEMIPUBLIC
APN
6984-03-2517
UPID
US87-1211226
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.
Building & site characteristics
From public records
Year built
1958
Heating
HEAT PUMP
Cooling
Yes
Stories
5
Rooms
2
Lot
19.49 ac
Current owner
From public records · entity-resolved
253 Veterans Drive Mob LLC
Entity
Free & Clear · 2 yrs held
Mailing address
330 7TH SPGS WAY, BRENTWOOD, TN 37027-5098
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
Feb 20, 2024
$9,100,000
253 Veterans Drive Mob LLC
Fauquier Medical Center LLC
Special Warranty Deed
—
Aug 27, 2020
—
Fauquier Medical Ctr LLC
—
Deed
related
$1,200,000 · Wilmington Tr NA
Nov 1, 2013
—
Fauquier Medical Center LLC
Fauquier Hospital Incd
Quit Claim Deed
related
—
Nov 1, 2013
$48,912,000
Fauquier Medical Center LLC
Fauquier Hospital Incd
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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