Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants
1609 King St Alexandria, VA 22314-2718
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US87-3982724
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1900
Total area
3,363 SF
Lot
0.04 ac (1,742 SF)
Zoning code
KR
APN
10336500
UPID
US87-3982724
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
-
Uptowner Cafe Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Fhl Investment LLC A Virginia Limit · 10 yrs held
Fhl Investment LLC A Virginia Limit
since 2016
5 recorded transactions
Zoning & alternative use
KR · Alexandria, 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 Alexandria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alexandria 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
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$15,267
Tax year 2023
Assessed value
$1,375,365
Assessed 2023
Previous assessed
$1,322,214
+4.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$725,415
Assessed improvement
$649,950
Land market value
$725,415
Improvement market value
$649,950
Total market value
$1,375,365
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1900
Heating
OTHER
Cooling
OTHER
Stories
2
Total area
3,363 SF
Lot
0.04 ac (1,742 SF)
Zoning code
KR
APN
10336500
UPID
US87-3982724
Jurisdiction
ALEXANDRIA CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
KR · Alexandria, VA
Zoning KR · permitted uses
KR · Alexandria, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alexandria. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
OTHER
Cooling
Yes
Stories
2
Lot
0.04 ac
Current owner
From public records · entity-resolved
Fhl Investment LLC A Virginia Limit
Entity
Mailing address
2907 ROSELINE RD, FAIRFAX, VA 22033-5602
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2016
$430,000
Fhl Investment LLC A Virginia Limit
Kenz LLC A District Of Columbia Lim
Warranty Deed
$1,072,000 · Burke & Herbert Bank & Trust Compan
Apr 14, 2006
—
Kenz LLC
—
Grant Deed
related
$1,030,000 · Burke & Herbert Bank & Trust
Jun 22, 2005
$1,275,000
Kenz LLC
Kamizaki LLC
Grant Deed
related
$1,020,000 · Virginia Commerce Bank
Aug 3, 2004
$850,000
Kamizaki LLC
Mitchell,scott A
Grant Deed
related
$600,000 · Burke & Herbert Bank & Trust
—
—
Kenz LLC
—
Loan Modification
related
$890,704 · Burke & Herbert Bank & Trust
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?”
You own 1609 King St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
