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Property profile & analytics
OFF-MARKET
Estimated value
$2,155,000
Office buildings
108 Alfred St Alexandria, VA 22314-3053
Entity Owned
3-yr Hold
Free & Clear
Property ID
US87-1244984
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1892
Total area
11,925 SF
Lot
0.09 ac (3,920 SF)
Zoning code
CD - COMMERCIAL DOWNTOWN
APN
50412800
UPID
US87-1244984
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Carmichael Ellis & Brock, PLLC Law Firm
-
Greenberg Costle PC Law Firm Child Welfare Organization
-
The Norton Firm Law Firm
-
Zachary Deubler, Attorney Law Firm
-
BARG Garments (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.62M
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$2.16M
Owner & transaction history
Hfss Limited Liability Company · 3 yrs held
Hfss Limited Liability Company
since 2023
3 recorded transactions
Zoning & alternative use
CD - COMMERCIAL DOWNTOWN · Alexandria, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Alexandria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alexandria submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,840,000
6.5%
$2,620,000
7%
$2,435,000
Blend value · Realmo final
$2.16M
Range $1.94M – $2.37M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$181 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$28,527
Tax year 2023
Assessed value
$2,570,000
Assessed 2023
Previous assessed
$2,392,000
+7.4% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,048,750
Assessed improvement
$1,521,250
Land market value
$1,048,750
Improvement market value
$1,521,250
Total market value
$2,570,000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1892
Heating
HEAT PUMP
Stories
3
Total area
11,925 SF
Lot
0.09 ac (3,920 SF)
Zoning code
CD - COMMERCIAL DOWNTOWN
APN
50412800
UPID
US87-1244984
Jurisdiction
ALEXANDRIA CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CD - COMMERCIAL DOWNTOWN · Alexandria, VA
Zoning CD - COMMERCIAL DOWNTOWN · permitted uses
CD - COMMERCIAL DOWNTOWN · Alexandria, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alexandria. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1892
Heating
HEAT PUMP
Stories
3
Lot
0.09 ac
Current owner
From public records · entity-resolved
Hfss Limited Liability Company
Entity
Free & Clear · 3 yrs held
Mailing address
9406 FAIRFAX ST, ALEXANDRIA, VA 22309-3048
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2023
—
Hfss Limited Liability Company
Hossien Garakyaraghi
Special Warranty Deed
—
Mar 2, 2015
$2,500,000
A & H LLC
Iowans For Tax Relief
Grant Deed
$3,375,573 · Burke & Herbert Bk&tr
Apr 7, 2010
$2,750,700
Iowans For Tax Relief
National Taxpayers Union
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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