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Property profile & analytics
OFF-MARKET
Estimated value
$40,440,000
Office buildings
14668 Lee Rd Chantilly, VA 20151-1759
Trust Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1821895
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
178,779 SF
Lot
6.83 ac (297,327 SF)
Zoning code
I-5(INDUSTRIAL GENERAL)
APN
044-1-04-0043-B3
UPID
US87-1821895
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
$55.54M
Comparable Approach
Comparable
$42.12M
Blend (final)
Blend
$40.44M
Owner & transaction history
Office Properties Income Trust · 2 yrs held
Office Properties Income Trust
since 2024
7 recorded transactions
Zoning & alternative use
I-5(INDUSTRIAL GENERAL) · Chantilly, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$65.9M
+65.2%
Industrial (general)
$60.8M
+52.4%
Auto repair, garage
$59.7M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$60,165,000
6.5%
$55,535,000
7%
$51,570,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$39,900,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$65,910,000
Change: +65% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$60,810,000
Change: +52% · Conversion: Difficult
AUTO REPAIR, GARAGE
$59,685,000
Change: +50% · Conversion: Difficult
WAREHOUSE, STORAGE
$39,405,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$40.44M
Range $36.40M – $44.48M · ±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
$226 / 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
$528,659
Tax year 2024
Assessed value
$37,137,960
Assessed 2024
Previous assessed
$39,468,830
-5.9% YoY
Effective rate
1.42%
On assessed value
Assessed land
$2,780,860
Assessed improvement
$34,357,100
Land market value
$2,780,860
Improvement market value
$34,357,100
Total market value
$37,137,960
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
6
Total area
178,779 SF
Lot
6.83 ac (297,327 SF)
Zoning code
I-5(INDUSTRIAL GENERAL)
APN
044-1-04-0043-B3
UPID
US87-1821895
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
I-5(INDUSTRIAL GENERAL) · Chantilly, VA
Zoning I-5(INDUSTRIAL GENERAL) · permitted uses
I-5(INDUSTRIAL GENERAL) · 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
$39.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$65.9M
INDUSTRIAL (GENERAL)
Est. value
$60.8M
AUTO REPAIR, GARAGE
Est. value
$59.7M
WAREHOUSE, STORAGE
Est. value
$39.4M
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
6
Lot
6.83 ac
Current owner
From public records · entity-resolved
Office Properties Income Trust
Trust
Free & Clear · 2 yrs held
Mailing address
255 WASHINGTON ST STE #300, NEWTON, MA 02458-1634
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2024
—
Opi Wf Owner LLC
—
Deed
related
$42,570,000 · Us Bank Trust Co NA
Aug 30, 2024
—
Opi Wf Owner LLC
—
Deed
related
$567,429,000 · Us Bank Trust Co NA
Aug 26, 2024
—
Opi Wf Owner LLC
—
Deed
related
$567,429,000 · Us Bank Trust Co NA
Mar 12, 2024
—
Opi Wf Owner LLC
—
Deed
related
$425,000,000 · Wells Fargo Bank NA
Feb 6, 2024
—
Office Properties Income Trust
Gpt Properties Trust
Special Warranty Deed
—
Jan 9, 2017
$110,525,000
Gpt Properties Trust
Fp-con Chantilly LLC
Grant Deed
—
Dec 30, 2014
—
Fp-con Chantilly LLC
—
Grant Deed
related
$40,400,000 · Branch Bk&tr
Nov 21, 2014
$39,698,255
Fp-con Chantilly LLC
Westfields Liberty III LLC
Grant Deed
—
Jun 12, 2006
$10
Westfields Liberty LLC
Berty Center III Associates
Quit Claim Deed
related
—
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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