95 Broadview AveWarrenton, VA 20186
- Retail properties
- 2,957 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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