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Property profile & analytics
OFF-MARKET
Estimated value
$3,705,000
Office buildings
115 Park SE St Vienna, VA 22180-4653
Entity Owned
10-yr Hold
Free & Clear
Property ID
US87-1325683
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
STEEL FRAME
Total area
18,978 SF
Lot
0.62 ac (26,891 SF)
Zoning code
C-2(GENERAL COMMERCIAL)
APN
038-4-02-0132
UPID
US87-1325683
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
-
Fairfax County County Government Office
-
Marcia Mofson Physician Medical Clinic
-
Bret Stacy, PT Physician
-
Dr. Jeffrey D. Huang M.D. Pediatrician Physician
-
Amy McKee, PA Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.78M
Blend (final)
Blend
$3.71M
Owner & transaction history
Park Street LLC · 10 yrs held
Park Street LLC
since 2016
7 recorded transactions
Zoning & alternative use
C-2(GENERAL COMMERCIAL) · Vienna, 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 Vienna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vienna 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,070,000
Current use
Blend value · Realmo final
$3.71M
Range $3.33M – $4.08M · ±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
$195 / 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
$61,209
Tax year 2024
Assessed value
$4,768,930
Assessed 2024
Previous assessed
$4,095,220
+16.5% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,021,860
Assessed improvement
$3,747,070
Land market value
$1,021,860
Improvement market value
$3,747,070
Total market value
$4,768,930
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
1986
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
2
Total area
18,978 SF
Lot
0.62 ac (26,891 SF)
Zoning code
C-2(GENERAL COMMERCIAL)
APN
038-4-02-0132
UPID
US87-1325683
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-2(GENERAL COMMERCIAL) · Vienna, VA
Zoning C-2(GENERAL COMMERCIAL) · permitted uses
C-2(GENERAL COMMERCIAL) · Vienna, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vienna. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.1M
OFFICE BUILDING Current
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
1986
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
0.62 ac
Current owner
From public records · entity-resolved
Park Street LLC
Entity
Free & Clear · 10 yrs held
Mailing address
115 PARK ST SE STE #200, VIENNA, VA 22180-4653
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2020
—
Park Street LLC
—
Deed
related
$4,275,000 · Fulton Bk NA
Feb 28, 2019
—
Park Street LLC
—
Deed
related
$2,150,000 · John Marshall Bk
Dec 29, 2017
—
Park Street LLC
—
Deed
related
$250,000 · John Marshall Bk
Jul 11, 2016
—
Park Street LLC
Park Street Epc LLC
Deed
—
Feb 6, 2015
—
Park Street Epc LLC
Park Street LLC
Quit Claim Deed
related
—
—
—
Park Street LLC
—
Deed Of Trust
related
$2,150,000 · John Marshall Bk
—
—
Park Street LLC
—
Deed Of Trust
related
$3,900,000 · Column Financial INC
—
—
Park Street LLC
—
Deed Of Trust
related
$250,000 · John Marshall Bk
—
—
Park Street LLC
—
Deed Of Trust
related
$4,275,000 · Fulton Bk NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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