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Property profile & analytics
OFF-MARKET
Estimated value
$42,230,000
Office buildings
15020 Conference Ctr Dr Chantilly, VA 20151-3868
Entity Owned
Free & Clear
Property ID
US87-0667981
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
315,098 SF
Lot
14.81 ac (645,097 SF)
Zoning code
INDUSTRIAL (W/MIX OF INDU
APN
043-2-02-0009-C1
UPID
US87-0667981
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
by Request
Comparable Approach
Comparable
$56.75M
Blend (final)
Blend
$42.23M
Owner & transaction history
Cdp Mission Ridge LLC
Cdp Mission Ridge LLC
since 2026
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (W/MIX OF INDU · Chantilly, 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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$70,320,000
Current use
WAREHOUSE, STORAGE
$69,450,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$42.23M
Range $38.01M – $46.45M · ±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
$134 / 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
$82,411
Tax year 2024
Assessed value
$5,789,300
Assessed 2024
Previous assessed
$5,789,300
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$5,789,300
Land market value
$5,789,300
Total market value
$5,789,300
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
315,098 SF
Lot
14.81 ac (645,097 SF)
Zoning code
INDUSTRIAL (W/MIX OF INDU
APN
043-2-02-0009-C1
UPID
US87-0667981
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
INDUSTRIAL (W/MIX OF INDU · Chantilly, VA
Zoning INDUSTRIAL (W/MIX OF INDU · permitted uses
INDUSTRIAL (W/MIX OF INDU · 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
$70.3M
WAREHOUSE, STORAGE
Est. value
$69.5M
OFFICE BUILDING Current
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
14.81 ac
Current owner
From public records · entity-resolved
Cdp Mission Ridge LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 13470, RICHMOND, VA 23225-8470
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2026
$43,000,000
Cdp Mission Ridge LLC
Pfi Chantilly LLC
Special Warranty Deed
—
Feb 17, 2016
$39,414,414
Pfi Chantilly LLC
I & G Mission Ridge LLC
Grant Deed
$39,863,325 · Wells Fargo Bk Nw NA
Feb 17, 2016
$56,585,586
Salus Mission Ridge LLC
I & G Mission Ridge LLC
Grant Deed
$37,450,000 · Column Fin'l
Aug 8, 2014
—
I & G Mission Ridge LLC
—
Loan Modification
related
$51,300,000 · Pnc Bk
Dec 22, 2011
—
I & G Mission Ridge LLC
—
Deed Of Trust
related
$36,000,000 · Pnc Bank
Nov 3, 2010
$40,500,000
I & G Mission Ridge LLC
Cb Mission Ridge LLC LLC
Grant Deed
—
Mar 31, 2010
$26,500,000
Cb Mission Ridge LLC
Ppi Mission Ridge LLC
Grant Deed
—
Aug 13, 2007
$78,500,000
Ppi Mission Ridge LLC
Carlyle 9b1 Fairfax
Grant Deed
$72,100,000 · Capmark 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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