$2,999,000
↓ $300K (9.1%)
●
Land -
For Sale
10040 JAMES MADISON HIGHWAY
WARRENTON, VA 20186
Studio
0 Bath
$16,983
Est. Monthly
About This Property
Commercial Development Opportunity | 11.57 Acres | C-2 Zoning |
Warrenton/Opal Corridor
Discover approximately 11.57 acres of commercially zoned land along James Madison Highway in Fauquier County's Opal Service District. Featuring approximately 550 feet of highway frontage, the property offers prominent visibility along the Routes 15/29/17 corridor and flexibility for investors, developers, and commercial end users.
An existing conceptual layout illustrates three potential retail pad sites and an additional self-storage component, with self-storage requiring a Special Use Permit. Other potential development concepts include retail, restaurant, convenience, office, and service-oriented uses, subject to applicable zoning requirements and county approvals.
The property is partially cleared with wooded areas toward the rear. Public sewer is reported nearby, and utility connections have not been completed. Buyers should independently verify utility availability and capacity, highway access, permitted uses, site conditions, and development feasibility.
Discover approximately 11.57 acres of commercially zoned land along James Madison Highway in Fauquier County's Opal Service District. Featuring approximately 550 feet of highway frontage, the property offers prominent visibility along the Routes 15/29/17 corridor and flexibility for investors, developers, and commercial end users.
An existing conceptual layout illustrates three potential retail pad sites and an additional self-storage component, with self-storage requiring a Special Use Permit. Other potential development concepts include retail, restaurant, convenience, office, and service-oriented uses, subject to applicable zoning requirements and county approvals.
The property is partially cleared with wooded areas toward the rear. Public sewer is reported nearby, and utility connections have not been completed. Buyers should independently verify utility availability and capacity, highway access, permitted uses, site conditions, and development feasibility.
Unit Size
-
Days on Market
-
Land Size
11.57 acres
Price per sqft
-
Property Type
Land
Property Taxes
$2,257
HOA Dues
-
Year Built
1939
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 16 days ago (Bright MLS #VAFQ2020310)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 19, 2026 | Price Decreased |
$2,999,000
↓ $300K
(9.1%) | |
| Price Decreased | |||
| Jan 31, 2026 | Listed by Keller Williams Realty | $3,299,000 | |
| Listed by Keller Williams Realty | |||
| Jul 5, 2022 | Sold | ||
| Sold | |||
Property Highlights
Exterior Details
Lot Features: Cleared, Wooded
Lot Size Area: 504116
Lot Size Units: Square Feet
Lot Size Acres: 11.57
Lot Size Square Feet: 504116
Tax Lot: DB549P162
Water Source: Public Hook-up Available
Financial Details
Tax Assessed Value: $2,800,700
Tax Annual Amount: $27,083
Utilities Details
Sewer : On Site Septic
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Opal
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Listed by: Viktorija Piano
Keller Williams Realty
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# VAFQ2020310
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Keller Williams Realty
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# VAFQ2020310
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