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Property profile & analytics
FOR LEASE
Office buildings
1307 Dolley Madison Blvd Mc Lean, VA 22101
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US87-1274492
For Lease
1 / 8
$6,000/Mo
1307 Dolley Madison Blvd, Mc Lean, VA 22101
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Construction
CONCRETE BLOCKS
Total area
18,032 SF
Lot
0.66 ac (28,543 SF)
Zoning code
C-3(OFFICE)
APN
030-2-22-A-0001
UPID
US87-1274492
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
-
Mesk Travel LLC Travel Agency
-
James Baer, RE/MAX Distinctive Real Estate, Inc. Real Estate Agency
-
McLean Psychiatric Services LLC Physician
-
Dalby Tutoring and Test Preparation Tutoring Service
-
Dr. Joan Turkus Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.65M
CAP Approach
CAP
$5.60M
Comparable Approach
Comparable
$4.29M
Blend (final)
Blend
$5.65M
Owner & transaction history
Havan Ventures LLC · 1 yrs held
Havan Ventures LLC
since 2024
Last sale
$5.7M
1 recorded transaction
Zoning & alternative use
C-3(OFFICE) · Mc Lean, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.2M
+15.3%
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 Mc Lean submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mc Lean 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
$5,650,000
ML approach
$5,650,000
CAP Approach
CAP Return
Estimation
6%
$6,070,000
6.5%
$5,600,000
7%
$5,200,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,105,000
Current use
COMMERCIAL (GENERAL)
$8,190,000
Change: +15% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$6,650,000
Change: -6% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,135,000
Change: -14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,020,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$5.65M
Range $5.09M – $6.22M · ±10% · vs last sale $5.65M (Dec 4 2024)
Last sale anchor
$5.65M
Dec 4 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
$313 / 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
$29,639
Tax year 2024
Assessed value
$2,268,560
Assessed 2024
Previous assessed
$2,541,410
-10.7% YoY
Effective rate
1.31%
On assessed value
Assessed land
$1,512,780
Assessed improvement
$755,780
Land market value
$1,512,780
Improvement market value
$755,780
Total market value
$2,268,560
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1978
Construction
CONCRETE BLOCKS
Heating
ELECTRIC
Cooling
YES
Stories
4
Bathrooms
2
Total area
18,032 SF
Lot
0.66 ac (28,543 SF)
Zoning code
C-3(OFFICE)
APN
030-2-22-A-0001
UPID
US87-1274492
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-3(OFFICE) · Mc Lean, VAZoning C-3(OFFICE) · permitted uses
C-3(OFFICE) · Mc Lean, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$7.1M
COMMERCIAL (GENERAL)
Est. value
$8.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.7M
INDUSTRIAL (GENERAL)
Est. value
$6.1M
AUTO REPAIR, GARAGE
Est. value
$6.0M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1978
Construction
CONCRETE BLOCKS
Heating
ELECTRIC
Cooling
Yes
Stories
4
Bathrooms
2
Lot
0.66 ac
Current owner
From public records · entity-resolved
Havan Ventures LLC
Entity
Mailing address
PO BOX 36621, CHARLOTTE, NC 28236-6621
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2024
$5,650,000
Havan Ventures LLC
Ramay Family Partnership
Special Warranty Deed
$2,975,000 · Capital Bank 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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