Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$13,335,000
Office buildings
1700 Old Mdw Rd Mclean, VA 22102-4302
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-0447406
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Construction
STEEL FRAME
Total area
88,798 SF
Lot
3.57 ac (155,509 SF)
Zoning code
PTC(PLANNED TYSONS CORNER
APN
029-4-06-0101-A
UPID
US87-0447406
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
-
Shipgarten Parking Parking Lot & Garage
-
Shipgarten Parking Lot Parking Lot & Garage
-
Phoenix Consulting Group Inc. Training Center
-
West Group Management Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.34M
Owner & transaction history
Lincoln 1700 Old Meadow Road L · 9 yrs held
Lincoln 1700 Old Meadow Road L
since 2017
3 recorded transactions
Zoning & alternative use
PTC(PLANNED TYSONS CORNER · Mclean, 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 Mclean submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mclean 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
$150 / 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
$216,863
Tax year 2024
Assessed value
$15,234,490
Assessed 2024
Previous assessed
$17,432,350
-12.6% YoY
Effective rate
1.42%
On assessed value
Assessed land
$13,995,810
Assessed improvement
$1,238,680
Land market value
$13,995,810
Improvement market value
$1,238,680
Total market value
$15,234,490
Applied tax rate
7.0000
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
Year built
1977
Construction
STEEL FRAME
Heating
OTHER
Cooling
YES
Stories
6
Total area
88,798 SF
Lot
3.57 ac (155,509 SF)
Zoning code
PTC(PLANNED TYSONS CORNER
APN
029-4-06-0101-A
UPID
US87-0447406
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PTC(PLANNED TYSONS CORNER · Mclean, VAZoning PTC(PLANNED TYSONS CORNER · permitted uses
PTC(PLANNED TYSONS CORNER · Mclean, 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
Year built
1977
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
6
Lot
3.57 ac
Current owner
From public records · entity-resolved
Lincoln 1700 Old Meadow Road L
Individual
Mailing address
1651 OLD MDW RD STE #650, MC LEAN, VA 22102-4320
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2017
—
Lincoln 1700 Old Meadow Road L
Recp IV Wg Land Investors LLC
Grant Deed
related
$25,000,000 · Miscellaneous Ins Co
Jul 23, 2010
$156,621,000
Recp IV Wg Office Invtrs LLC
West Group Properties LLC
Grant Deed
—
Jul 23, 2010
—
1700 Old Meadow Road L Lincoln
Recp IV Wg Land Investors LLC
Grant 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.
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 1700 Old Mdw Rd?
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.
