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Property profile & analytics
OFF-MARKET
Estimated value
$10,800,000
Industrial properties
11128 Industrial Rd Manassas, VA 20109-3909
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-0654485
Property profile
Verified
Property type
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Year built
1977
Total area
11,320 SF
Lot
1.89 ac (82,546 SF)
Zoning code
INDUSTRIAL/TRANS
APN
7595-68-8696
UPID
US87-0654485
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
-
AllSite Contracting Construction Company General Contractor
-
Cor-Tuf UHPC Building Supply Factory
-
Allsite Stormwater Management Sustainability Organization Advocacy Group
-
R Archie Burgess Inc Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.80M
Owner & transaction history
11124 28 Industrial LLC · 1 yrs held
11124 28 Industrial LLC
since 2024
Last sale
$10.8M
5 recorded transactions
Zoning & alternative use
INDUSTRIAL/TRANS · Manassas, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$10.8M
+346.5%
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 Manassas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manassas 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
$10,800,000
ML approach
$10,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$10,800,000
Change: +347% · Conversion: Difficult
Blend value · Realmo final
$10.80M
Range $9.72M – $11.88M · ±10% · vs last sale $10.80M (Aug 6 2024)
Last sale anchor
$10.80M
Aug 6 2024
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
$954 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$26,735
Tax year 2024
Assessed value
$2,672,200
Assessed 2024
Previous assessed
$2,672,200
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$1,733,500
Assessed improvement
$938,700
Land market value
$1,733,500
Improvement market value
$938,700
Total market value
$2,672,200
Applied tax rate
2.0000
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
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Status
Off-Market
Year built
1977
Heating
NONE
Cooling
YES
Stories
1
Total area
11,320 SF
Lot
1.89 ac (82,546 SF)
Zoning code
INDUSTRIAL/TRANS
APN
7595-68-8696
UPID
US87-0654485
Jurisdiction
PRINCE WILLIAM
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
INDUSTRIAL/TRANS · Manassas, VA
Zoning INDUSTRIAL/TRANS · permitted uses
INDUSTRIAL/TRANS · Manassas, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manassas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$10.8M
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.89 ac
Current owner
From public records · entity-resolved
11124 28 Industrial LLC
Entity
Mailing address
44112 MERCURE CIR, STERLING, VA 20166-2084
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2025
—
11091 Industrial LLC
—
Deed
related
$70,000,000 · Burke And Herbert Bank And Trust Co
Aug 6, 2024
$10,800,000
11124 28 Industrial LLC
Industrial Road Realty LLC
Special Warranty Deed
—
Sep 22, 2009
—
Industrial Road Realty LLC
—
Deed Of Trust
related
$1,500,000 · Virginia Commerce Bank
Feb 2, 2007
$2,550,000
Industrial Road Realty LLC
Waddle-burgess INC
Deed Of Trust
related
$2,040,000 · Virginia Commerce Bank
Jul 18, 1997
$150,000
Guys Contracting In Wise
Realty,holding C
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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