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Property profile & analytics
OFF-MARKET
Industrial properties

5029 Airport Rd Midland, VA 22728-2100

10,752 SF 5 ac lot Built 1986
Entity Owned 1-yr Hold Free & Clear
Property ID
US87-0911438
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1986
Total area 10,752 SF
Lot 5 ac (217,800 SF)
Zoning code INDUSTRIAL GENERAL
APN 7809-89-8037
UPID US87-0911438
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
G & M Property Management INC · 1 yrs held
G & M Property Management INC
since 2025
Last sale
$4.0M
4 recorded transactions
2025
$4.0M
2014
$688,000
2004
$743,500
1969
Price N/A
Zoning & alternative use
INDUSTRIAL GENERAL · Midland, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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