Individually Owned Property summary
AI-generated overview
This exceptional 150-square-foot office/retail space is ideally situated on the second floor at 6801 Richmond Highway, Unit 203, in Alexandria, Virginia. The property is located on a 0.11-acre lot and offers immediate occupancy. This unit is perfect for a small business or individual professional seeking a convenient and efficient workspace. The space is currently available and ready for immediate move-in. All utilities are included in the lease, providing a predictable and manageable monthly expense. Tenants are responsible for securing their own internet service. Shared amenities include a kitchenette and bathroom, offering added convenience without the burden of individual maintenance. The building's prime location in Alexandria ensures easy access to major transportation routes, local businesses, and a vibrant community. This is an excellent opportunity to establish a presence in a highly desirable area. Serious inquiries are encouraged to schedule a viewing. The property is ready for immediate occupancy.
Property profile
Verified
Property type
Other commercial real estate
Use group
OFFICE BUILDING
Year built
1942
Construction
CONCRETE BLOCKS
Total area
3,904 SF
Lot
0.11 ac (4,809 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
093-1-16-0013
UPID
US87-0146284
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Accounting Firm Tax Preparation
-
Charitable Organization Social Service Agency
-
Ophthalmologist (Bike/Boat/Book/etc) Store
-
Employment Agency
-
Alternative Medicine Practice Spa & Massage Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$860k
Comparable Approach
Comparable
$742k
Blend (final)
Blend
$245k
Owner & transaction history
since 2004
4 recorded transactions
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · Alexandria, VA
Top alternative use upside
Warehouse, storage
$1.3M
+11.6%
Auto repair, garage
$1.3M
+9.8%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$245k
Value range
$221k – $270k
±10% around blend
Estimated value / SF
$63 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
50
$221k
blend $245k
$270k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,904 SF
Lot area
0.11 ac
Year built
1942
Stories
2
APN
093-1-16-0013
Zoning
C-8(HIGHWAY COMMERCIAL)
Assessed value
$270,260
Annual tax
$3,469
3
Income approach: direct capitalization
Partial preview
Income approach indication
$860k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$930k
@ 6.5% CAP return
$860k
@ 7% CAP return
$795k
4
Sales comparison
Partial preview
Sales approach indication
$1.59M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
12.6 mi away · 3,219 SF
14.6 mi away · 3,120 SF
15.6 mi away · 3,900 SF
15.9 mi away · 3,360 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$245k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 26 sales
$304
-79%
Submarket 261 sales
$347
-82%
County 837 sales
$289
-78%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $63/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Warehouse, Storage
Gross theoretical uplift
+12%
vs current-use indication
Auto Repair, Garage
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$270k
Move the market yield to see immediate price impact.
Value / SF
$69
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$17k
$341k
$243k
$189k
$19k
$378k
$270k
$210k
$21k
$416k
$297k
$231k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$1.50M
8.3 mi · Mar 2026 · $406/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$3,469
Tax year 2024
Assessed value
$270,260
Assessed 2024
Previous assessed
$321,800
-16.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$100,990
Assessed improvement
$169,270
Land market value
$100,990
Improvement market value
$169,270
Total market value
$270,260
Applied tax rate
6.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1942
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
YES
Stories
2
Rooms
7
Bathrooms
2
Total area
3,904 SF
Lot
0.11 ac (4,809 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
093-1-16-0013
UPID
US87-0146284
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · Alexandria, VAZoning C-8(HIGHWAY COMMERCIAL) · permitted uses
C-8(HIGHWAY COMMERCIAL) · Alexandria, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1942
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
Yes
Stories
2
Rooms
7
Bathrooms
2
Lot
0.11 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C-8(HIGHWAY COMMERCIAL)
Jurisdiction
Alexandria, VA
Recorded code
C-8(HIGHWAY COMMERCIAL)
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-8(HIGHWAY COMMERCIAL) in Alexandria, VA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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