Reclaimed asphalt (RA) and Warm mix asphalt (WMA) are two widely used environmentally friendly mixtures in the paving industry. This study compares the laboratory performance of conventional hot mix asphalt (HMA) with virgin WMA, and WMA containing 60% RA content, using thermal stress restrained specimen test, wheel tracking test, and indirect tensile strength test. Based on test results, a reduction of 15^◦C in mixing temperature was achieved for WMA mixtures compared to HMA using the given chemical additive. The virgin WMA mixture showed superior cracking resistance but lower rutting resistance than HMA, and incorporation of RA material with-out any further modification in the binder, deteriorated both cracking and rutting performance of WMA. It was also shown that laboratory short-term aging can significantly affect the performance of the mixtures.