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Property profile & analytics
OFF-MARKET
Specialty properties
1224 Princess St Alexandria, VA 22314-2253
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US87-0959452
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1900
Total area
5,200 SF
Lot
0.12 ac (5,227 SF)
Zoning code
RB - TOWNHOUSE ZONE
APN
50624350
UPID
US87-0959452
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
-
Hopkins House - Helen Day Preschool Academy High School Daycare Center
-
Hopkins House Association Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bmt LLC · 7 yrs held
Bmt LLC
since 2019
7 recorded transactions
Zoning & alternative use
RB - TOWNHOUSE ZONE · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$13,741
Tax year 2023
Assessed value
$1,237,962
Assessed 2023
Previous assessed
$1,202,176
+3.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$751,511
Assessed improvement
$486,451
Land market value
$751,511
Improvement market value
$486,451
Total market value
$1,237,962
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1900
Heating
OTHER
Cooling
OTHER
Stories
2
Total area
5,200 SF
Lot
0.12 ac (5,227 SF)
Zoning code
RB - TOWNHOUSE ZONE
APN
50624350
UPID
US87-0959452
Jurisdiction
ALEXANDRIA CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RB - TOWNHOUSE ZONE · Alexandria, VA
Zoning RB - TOWNHOUSE ZONE · permitted uses
RB - TOWNHOUSE ZONE · 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
1900
Heating
OTHER
Cooling
Yes
Stories
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Bmt LLC
Entity
Mailing address
700 NEW HAMPSHIRE AVE NW #410, WASHINGTON, DC 20037-2407
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2019
$1,500,000
Bmt LLC
The Hopkins House-a Center For Chil
Warranty Deed
$1,200,000 · Burke & Herbert Bank & Trust Compan
—
—
Hopkins House-a Center Of Childre
—
Deed Of Trust
related
$893,000 · Virginia Commerce Bank
—
—
Hopkins House Of Cntr For Children
—
Deed Of Trust
related
$73,174 · Virginia Commerce Bank
—
—
House Hopkins
—
Deed Of Trust
related
$1,050,000 · Virginia Commerce Bank
—
—
House Hopkins
—
Deed Of Trust
related
$93,913 · Branch Bk&tr
—
—
& Their Families Hopkins House-a Ctr For Chldren
—
Deed Of Trust
related
$112,200 · Virginia Commerce Bank
—
—
House Hopkins
—
Deed Of Trust
related
$855,000 · Branch Banking & Trust Co
—
—
Hopkins House-a Center Of Childre
—
Deed Of Trust
related
$200,000 · Branch Banking & Trust Co
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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