550 Frost AveWarrenton, VA 20186

Property Details for 550 Frost Ave

Year built

1949

Lot size

3.93 AC

Property size (Sq ft)

4,984 SF

Zone code

R10RESIDENTIAL

Property type

Medical offices

Property subtype

Medical centers

APN

6974-94-4431

APU

6974944431

Description

This outstanding 3.93-acre parcel is ideally situated on Frost Avenue (Route 211) in Warrenton, Virginia. Its prime location offers exceptional accessibility and visibility, being directly adjacent to the Fauquier Health campus. The property is zoned R-10, presenting a multitude of potential development opportunities for residential use. The expansive lot size provides ample space for a variety of projects, catering to diverse needs and visions. With its convenient access from Route 211, this property enjoys excellent connectivity to the surrounding area, making it an attractive investment for both residential developers and those seeking a substantial buildable lot in a desirable location. The property's APN is 6974-94-4431-000. This exceptional offering is priced at $1,500,000 and presents a rare chance to acquire a significant piece of land in a thriving Virginia community. The property's location in Fauquier County, Virginia, and its proximity to essential services and amenities further enhance its appeal. This is a truly remarkable opportunity to secure a valuable asset in a highly sought-after area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,186,243

  6.5%

  $1,094,994

  7%

  $1,016,780

• Comparable approach

  Method

  Valuation

  Relative Method

  $996,501

  Geo Method

  $996,501

• Alternative Use

  Use

  Valuation

  Residential

  $1,357,792

  Hospitality

  $1,243,730

  Educational

  $1,034,769

  Medical

  $1,070,356

  Retail

  $1,609,641

Location Insight

City

Warrenton

County

Fauquier

State

Virginia

Latitude

38.7158

Longitude

-77.8111

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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