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Property profile & analytics
FOR LEASE
Office buildings
1501 Farm Credit Dr Mc Lean, VA 22102
Entity Owned
Free & Clear
Property ID
US87-1489056
For Lease
1 / 21
$27 SF/Yr
1501 Farm Credit Dr, Mc Lean, VA 22102
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
155,823 SF
Lot
12.1 ac (526,881 SF)
Zoning code
I-I(INDUSTRIAL INSTITUTIO
APN
030-1-01-0009-M
UPID
US87-1489056
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
-
Tadjer Cohen Edelson Associates Inc Professional Services
-
US Farm Credit Administration Federal Government Office
-
Farm Credit System Insurance Corporation Insurance Agency
-
L.E. Smith & Associates, L.L.C. Accounting Firm
-
The Collins Firm, PLLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$23.18M
Owner & transaction history
FCS BUILDING ASSOCIATION
FCS BUILDING ASSOCIATION
Zoning & alternative use
I-I(INDUSTRIAL INSTITUTIO · Mc Lean, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$149 / 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
$323,470
Tax year 2024
Assessed value
$24,758,540
Assessed 2024
Previous assessed
$26,166,260
-5.4% YoY
Effective rate
1.31%
On assessed value
Assessed land
$10,440,140
Assessed improvement
$14,318,400
Land market value
$10,440,140
Improvement market value
$14,318,400
Total market value
$24,758,540
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
Heating
NONE
Stories
4
Total area
155,823 SF
Lot
12.1 ac (526,881 SF)
Zoning code
I-I(INDUSTRIAL INSTITUTIO
APN
030-1-01-0009-M
UPID
US87-1489056
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
I-I(INDUSTRIAL INSTITUTIO · Mc Lean, VAZoning I-I(INDUSTRIAL INSTITUTIO · permitted uses
I-I(INDUSTRIAL INSTITUTIO · Mc Lean, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Stories
4
Lot
12.1 ac
Current owner
From public records · entity-resolved
FCS BUILDING ASSOCIATION
Individual
Free & Clear · 0 yrs held
Mailing address
1501 FARM CREDIT DR, MC LEAN, VA 22102-5000
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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