555 Hospital Dr Warrenton, VA 20186-3028
This exceptional 7,300 square foot office building, situated on a 1.39-acre lot within the Fauquier Hospital complex in Warrenton, Virginia, presents a unique investment opportunity. The property boasts a versatile layout ideal for a variety of uses, previously functioning as a medical facility. The building features a substantial 20-person waiting area with a large reception area, providing ample space for client interaction. Twelve private offices or exam rooms offer flexibility for individual workspaces or patient consultations. A dedicated conference room facilitates meetings and collaborative efforts, while a sizable kitchen caters to staff and visitors. A walkout lower level adds extra space and potential for expansion or storage. All plumbing remains in place, making a return to medical use a straightforward transition. The expansive 1.39-acre lot offers significant potential for future development, including additional building construction or expansion of the existing parking area. The property's zoning, designated PSP within the Town of Warrenton, allows for a range of commercial uses. This prime location within the Fauquier Hospital complex provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a well-established and convenient address. The asking price is $1,975,000. This presents a compelling opportunity to acquire a substantial and adaptable commercial property in a thriving community.
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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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R15RESIDENTIAL · Warrenton, VAWarrenton. 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.