Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

7701 Southern Dr Springfield, VA 22150

FOR LEASE
Warehouses
Property ID
US87-0421082
254,416 SF 10.72 ac lot Built 1980
Last sale Dec 2021 · $45,230,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
7701 Southern Dr, Springfield, VA 22150 For Lease
$7.50 SF/Yr 251,178 SF available
7701 Southern Dr, Springfield, VA 22150
View Listing

Property summary

AI-generated overview

This Fairfax County, Virginia industrial property, located at 7701 Southern Drive, Springfield, VA 22150, offers a diverse range of spaces ideal for manufacturing, flex, warehouse, distribution, or R&D operations. The 251,178 square foot building sits on 10.72 acres and features a Class B rating. Built in 1980, the property boasts 24-foot ceilings, providing ample vertical space for storage and operations. Units range from a minimum of 250 square feet to a maximum contiguous space of 10,000…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$542k
Tax billed · 2024
Assessed value$42.21M
Assessed land$3.27M
Assessed improvement$38.94M
Effective rate1.28%

Value estimate

· Oct 2026
$39.62M
$35.66M – $43.58M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$263/SF
Submarket average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$163 – $396

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-5(INDUSTRIAL GENERAL)
JurisdictionFAIRFAX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency54.4
Restaurant48.2
Law Firm37.8

Location

7701 Southern Dr Springfield, VA 22150
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7741 Southern, Springfield, VA 22150-3643 $13,965,000 Jul 2023 61,700 SF
8320 Alban, Springfield, VA 22150-2334 $31,275,014 May 2023 142,738 SF
8380 Alban, Springfield, VA 22150-2338 $15,724,986 May 2023 71,004 SF
7001 Loisdale, Springfield, VA 22150-1904 $21,000,000 May 2023 113,224 SF
7700 Southern, Springfield, VA 22150-3642 $21,375,000 Sep 2022 167,700 SF
7405 Alban Sta, Springfield, VA 22150-2318 $23,600,000 Jul 2022 254,700 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again