95 Broadview AveWarrenton, VA 20186

  • Retail properties
  • 2,957 SF
For Lease

Property Details for 95 Broadview Ave

Year built
2002
Lot size
0.23 AC
Property size (Sq ft)
2,957 SF
Zone code
COMMERCIAL/GENERAL
Property type
Retail properties
Property subtype
Turn key restaurants
APN
6984-06-8040
APU
6984068040

Description

This exceptional 3,489 square foot freestanding restaurant building is ideally situated on Broadview Avenue (Business US 29) in Warrenton, Virginia. The property boasts a prominent location with excellent visibility and accessibility, making it perfect for a fast food or quick service restaurant. The 0.96-acre lot includes ample parking with 41 spaces, and a drive-thru lane is already in place. A pylon sign is also included, ensuring high brand visibility. The building is zoned C (Commercial) within Fauquier County and offers significant potential for a variety of uses, allowing for either continued operation as a restaurant or redevelopment to suit a new tenant's needs. The property's annual taxes are $15,727.11. This is a rare opportunity to acquire a well-located, established commercial property in a thriving area of Warrenton, offering immediate occupancy and significant upside potential. The property's single-tenant occupancy simplifies management and provides a clear revenue stream. With its strategic location and existing infrastructure, this property presents a compelling investment opportunity for discerning buyers. The zip code is 20186.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,034,581
    6.5%
    $954,997
    7%
    $886,783
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,489,881
    Geo Method
    $1,489,881
  • Alternative Use

    Use
    Valuation
    Residential
    $805,576
    Hospitality
    $737,903
    Educational
    $613,927
    Medical
    $635,041
    Retail
    $954,997
95 Broadview Ave, Warrenton, Virginia

Location Insight

City
Warrenton
County
Fauquier
State
Virginia
Latitude
38.72
Longitude
-77.8063
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,567
$196,700
$711,800
$908,500
-
$196,700
$711,800
$908,500

FAQs

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