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Property profile & analytics
OFF-MARKET
Retail space
53 Lee St Warrenton, VA 20186-3323
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US87-1116705
Property summary
AI-generated overview
This exceptional 1550-square-foot retail space at 53 E Lee St in Warrenton, Virginia's Oldtown submarket, presents a unique investment opportunity. Located just off Main Street and across from Silver Branch Brewery, this property boasts significant historic charm, including hardwood floors and high ceilings. Built in 1919, the two-story, Class B building offers a single-tenant occupancy within a 5632-square-foot structure situated on a 0.065-acre lot. The space includes a versatile back room, perfect for storage or a fitting room, and a convenient half bath. The CBD zoning allows for a variety of retail uses, making it ideal for businesses such as coffee shops, bakeries, or boutiques seeking a prominent location within a thriving community. The property's convenient location and historic character offer a compelling combination for businesses looking to establish a strong presence in Oldtown Warrenton. The property features no elevators. The APN is 6984-43-0283-002.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1919
Total area
4,032 SF
Zoning code
CENTRAL BUSINESS DISTRICT
APN
6984-43-0283-002
UPID
US87-1116705
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
-
Mastercraft Design Center Hardware & Home Improvement Furniture & Home Goods
-
Advanced IT Services Llc IT Consulting Firm (Bike/Boat/Book/etc) Store
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
East Lee LLC
East Lee LLC
since 2026
Last sale
$700,000
1 recorded transaction
Zoning & alternative use
CENTRAL BUSINESS DISTRICT · 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)
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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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,098
Tax year 2024
Assessed value
$116,400
Assessed 2024
Previous assessed
$116,400
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$25,000
Assessed improvement
$91,400
Land market value
$25,000
Improvement market value
$91,400
Total market value
$116,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1919
Heating
FORCED AIR
Cooling
YES
Stories
2
Rooms
4
Bathrooms
1
Total area
4,032 SF
Zoning code
CENTRAL BUSINESS DISTRICT
APN
6984-43-0283-002
UPID
US87-1116705
Jurisdiction
FAUQUIER
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CENTRAL BUSINESS DISTRICT · Warrenton, VAZoning CENTRAL BUSINESS DISTRICT · permitted uses
CENTRAL BUSINESS DISTRICT · Warrenton, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1919
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
4
Bathrooms
1
Current owner
From public records · entity-resolved
East Lee LLC
Entity
Mailing address
707 ALTAVISTA AVE, CHARLOTTESVILLE, VA 22902-6109
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2026
$700,000
East Lee LLC
The Warrenton Realty Co INC
Deed
$525,000 · Warrenton Realty Co INC
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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