432 Hospital DrWarrenton, VA 20186

Property Details for 432 Hospital Dr

Year built

1987

Lot size

0.03 AC

Property size (Sq ft)

1,301 SF

Zone code

R10RESIDENTIAL

Property type

Medical offices

Property subtype

Medical centers

APN

6974-93-6098

APU

6974936098

Description

This exceptional 1,301 square foot medical office condo is ideally situated on Hospital Hill in Warrenton, Virginia, offering unparalleled convenience and accessibility. Located on a 0.03-acre lot, the property boasts two separate entrances, providing flexibility and convenience for both patients and staff. The interior features a well-appointed reception area, designed to create a welcoming and professional atmosphere. Plumbing is already installed in several offices, saving significant time and expense for any potential buyer looking to quickly establish their practice. The property is in excellent condition and is ready for immediate occupancy, eliminating the need for extensive renovations or upgrades. Its prime location adjacent to the hospital ensures high visibility and easy access for patients and medical professionals. This turnkey solution presents a rare opportunity to acquire a well-maintained and strategically positioned medical office space in a thriving community. The asking price for this move-in ready property is $250,000. This represents a significant value for a property of this caliber and location. Don't miss this chance to secure a prime medical office space in a high-demand area. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $309,651

  6.5%

  $285,832

  7%

  $265,415

• Comparable approach

  Method

  Valuation

  Relative Method

  $260,122

  Geo Method

  $260,122

• Alternative Use

  Use

  Valuation

  Residential

  $354,432

  Hospitality

  $324,658

  Educational

  $270,111

  Medical

  $279,401

  Retail

  $420,173

Location Insight

City

Warrenton

County

Fauquier

State

Virginia

Latitude

38.712

Longitude

-77.8104

CBSA code

47900

CBSA name

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

Property Tax & Assessments

FAQs

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