5029 Airport Rd Midland, VA 22728-2100
This exceptional Class A industrial property, located at 5029 Airport Rd in Midland, Virginia (zip code 22728), offers 10,000 square feet of versatile space on a 5-acre lot. Ideally situated near the Warrenton Airport, its I2 zoning is perfect for light manufacturing, storage, or last-mile distribution. The single-story building, constructed in 1986, has undergone significant renovations in 2016 and 2023. Recent improvements include a new sliding gate, ADA-compliant warehouse bathrooms, and a renovated warehouse office (added in 2016, expanding the office space by 1,300 square feet). Further enhancements completed in 2022 encompass an 8-inch concrete pad, repaved parking lot, a new concrete yard wall, a front retaining wall, landscaping, and a new exterior office door. Prior updates (2014-2015) included a new roof, gutters, and fencing. The property boasts ample parking with 40 spaces and a county septic hookup. This turnkey operation presents a rare opportunity to acquire a high-quality industrial asset in a prime Fauquier County location. The asking price is $5,000,000, with a price per square foot of $500.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
INDUSTRIAL GENERAL · Midland, VAMidland. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.