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Property profile & analytics
OFF-MARKET
Estimated value
$67,705,000
Office buildings
14291 Park Mdw Dr Chantilly, VA 20151-2225
Entity Owned
Absentee Owner
Free & Clear
Property ID
US87-0378500
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
265,828 SF
Lot
17.81 ac (775,695 SF)
Zoning code
I-3(INDUST LIGHT INTENSIT
APN
044-3-01-0010-A
UPID
US87-0378500
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$82.58M
Comparable Approach
Comparable
$64.80M
Blend (final)
Blend
$67.71M
Owner & transaction history
Plaza East Owner LLC
Plaza East Owner LLC
since 2026
Last sale
$68.4M
7 recorded transactions
Zoning & alternative use
I-3(INDUST LIGHT INTENSIT · Chantilly, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$98.0M
+65.2%
Industrial (general)
$90.4M
+52.4%
Auto repair, garage
$88.8M
+49.6%
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 Chantilly submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chantilly 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
$69,290,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$89,460,000
6.5%
$82,575,000
7%
$76,680,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$59,325,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$98,005,000
Change: +65% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$90,420,000
Change: +52% · Conversion: Difficult
AUTO REPAIR, GARAGE
$88,750,000
Change: +50% · Conversion: Difficult
WAREHOUSE, STORAGE
$58,590,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$67.71M
Range $60.93M – $74.48M · ±10% · vs last sale $68.37M (Apr 15 2021)
Last sale anchor
$68.37M
Apr 15 2021
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
$255 / 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
$813,275
Tax year 2024
Assessed value
$57,132,070
Assessed 2024
Previous assessed
$62,926,340
-9.2% YoY
Effective rate
1.42%
On assessed value
Assessed land
$4,528,560
Assessed improvement
$52,603,510
Land market value
$4,528,560
Improvement market value
$52,603,510
Total market value
$57,132,070
Applied tax rate
9.0000
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
Off-Market
Heating
NONE
Stories
5
Total area
265,828 SF
Lot
17.81 ac (775,695 SF)
Zoning code
I-3(INDUST LIGHT INTENSIT
APN
044-3-01-0010-A
UPID
US87-0378500
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
I-3(INDUST LIGHT INTENSIT · Chantilly, VA
Zoning I-3(INDUST LIGHT INTENSIT · permitted uses
I-3(INDUST LIGHT INTENSIT · Chantilly, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chantilly. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$59.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$98.0M
INDUSTRIAL (GENERAL)
Est. value
$90.4M
AUTO REPAIR, GARAGE
Est. value
$88.8M
WAREHOUSE, STORAGE
Est. value
$58.6M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
Heating
NONE
Stories
5
Lot
17.81 ac
Current owner
From public records · entity-resolved
Plaza East Owner LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1953 GALLOWS RD STE #840, VIENNA, VA 22182-4002
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Mar 17, 2026
$62,300,000
Plaza East Owner LLC
Tmg Plaza East LLC
Special Warranty Deed
—
Apr 15, 2021
$68,368,000
Tmg Plaza East LLC
Rp Mrp Plaza East Owner LLC
Special Warranty Deed
—
Nov 21, 2011
—
Rp Mrp Plaza East Owner LLC
—
Deed Of Trust
related
$30,000,000 · Eagle Bank
Aug 13, 2010
$31,600,000
Rp Mrp Plaza East Owner LLC
Casterline,william H JR
Trustees Deed
—
Mar 10, 2006
—
Plaza East LP
—
Deed Of Trust
related
$42,000,000 · Merrill Lynch Capital
Feb 2, 2006
—
Plaza East LP
Owner Name Unavailable
Grant Deed
related
—
Dec 27, 2005
$5,822,093
Plaza East LP
Tst Westfields LLC
Grant Deed
—
—
—
Rp Mrp Plaza East Owner LLC
—
Deed Of Trust
related
$25,000,000 · Eagle Bank
—
—
Rp Mrp Plaza East Owner LLC
—
Loan Modification
related
$30,000,000 · Eagle Bank
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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