Entity Owned 
For Lease
Contact for pricing
1311 Dolley Madison Blvd, Mc Lean, VA 22101
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Property summary
AI-generated overview
This exceptional four-story office building, located at 1311 Dolley Madison Blvd in McLean, Virginia, offers 16,756 square feet of versatile space. Classified as a Class B property, it was constructed in 1974 and features a mix of traditional office and medical office suites, ideal for a variety of businesses. The building comprises three suites in total, with one currently available for lease. This particular space offers 467 square feet and boasts the advantage of a private entrance on the first floor. The building is situated in the desirable McLean submarket of Fairfax County, providing convenient access to major transportation routes and amenities. Ample parking is available, with a ratio of 2.92 spaces per 1,000 square feet. The building is equipped with elevators for easy access to all four floors. This property presents a unique opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving community. The building's multiple tenancy structure allows for flexibility and potential for growth. Interested parties are encouraged to inquire about lease terms and availability.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Construction
CONCRETE BLOCKS
Total area
5,180 SF
Lot
0.34 ac (14,673 SF)
Zoning code
C-2(LIMITED OFFICE)
APN
030-2-04-C-0005
UPID
US87-0430719
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Counselor Practitioner Service Location
-
Employment Agency
-
Financial Advisor
-
Foster Care Service Social Service Agency
-
Foster Care Service Social Service Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.20M
Blend (final)
Blend
$3.10M
Owner & transaction history
since 2024
Last sale
$3.1M
2 recorded transactions
Zoning & alternative use
C-2(LIMITED OFFICE) · Mclean, VA
Top alternative use upside
Restaurant
$3.9M
+93.0%
Commercial (general)
$2.4M
+15.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.10M
Value range
$2.79M – $3.41M
±10% around blend
Estimated value / SF
$598 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
60
$2.79M
blend $3.10M
$3.41M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,180 SF
Lot area
0.34 ac
Year built
1974
Stories
2
APN
030-2-04-C-0005
Zoning
C-2(LIMITED OFFICE)
Assessed value
$1,878,100
Annual tax
$24,537
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.77M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.7 mi away · 3,900 SF
11.9 mi away · 5,300 SF
15.2 mi away · 6,552 SF
16.0 mi away · 3,695 SF
24.2 mi away · 5,023 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.10M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 30 sales
$394
+52%
County 837 sales
$289
+107%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $598/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+93%
vs current-use indication
Commercial (general)
Office Building · current use
Neighborhood: Shopping Center
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
3.40%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.40%
9.0%
NOI (est.)
$217k *
Last sale · Feb 2024
$3.10M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$6.38M
Move the market yield to see immediate price impact.
Value / SF
$1,232
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.90%3.40%3.90%
$195k
$6.73M
$5.74M
$5.01M
$217k
$7.48M
$6.38M
$5.56M
$239k
$8.23M
$7.02M
$6.12M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$945k
8.3 mi · Feb 2026 · $150/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$24,537
Tax year 2024
Assessed value
$1,878,100
Assessed 2024
Previous assessed
$1,886,330
-0.4% YoY
Effective rate
1.31%
On assessed value
Assessed land
$777,670
Assessed improvement
$1,100,430
Land market value
$777,670
Improvement market value
$1,100,430
Total market value
$1,878,100
Applied tax rate
2.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1974
Construction
CONCRETE BLOCKS
Heating
ELECTRIC
Cooling
YES
Stories
2
Bathrooms
2
Total area
5,180 SF
Lot
0.34 ac (14,673 SF)
Zoning code
C-2(LIMITED OFFICE)
APN
030-2-04-C-0005
UPID
US87-0430719
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-2(LIMITED OFFICE) · Mclean, VAZoning C-2(LIMITED OFFICE) · permitted uses
C-2(LIMITED OFFICE) · Mclean, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Construction
CONCRETE BLOCKS
Heating
ELECTRIC
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.34 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C-2(LIMITED OFFICE)
Jurisdiction
Mclean, VA
Recorded code
C-2(LIMITED OFFICE)
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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