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    Property profile & analytics

    1707 Mt Vernon Ave Alexandria, VA 22301-1721

    • Motels
    • 9,870 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $5,700,000
    Last Sale
    Jun 28, 2023
    $5,480,300
    Location Intelligence
    Property ID
    US87-3978468
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Alexandria Hyundai Service / Hyundai Dealer
    • Electric Vehicle Charging Station / Electric Vehicle Charging Station
    • Genesis of Alexandria / Oil Change Service / Auto Repair Shop
    • Alexandria Hyundai / Hyundai Dealer / Auto Parts Store

    Property Details for 1707 Mt Vernon Ave

    Year built
    1940
    Lot size
    0.50 lot acres
    Property size
    9,870 SF
    Zone code
    CL - COMMERCIAL LOW ZONE
    Property type
    Motels
    APN
    13399500
    APU
    13399500

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,740,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,970,000
      6.5%
      $5,965,000
      7%
      $5,470,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,535,000
      Geo Method
      $5,990,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,610,000
      Retail
      $5,985,000
      Mixed-Use
      $5,845,000
      Hospitality
      $5,700,000
      Educational
      $5,070,000
      Residential Income
      $5,070,000
      Energy
      $4,385,000
      Income-Based Land
      $5,110,000
      Food Service
      $4,745,000

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Alexandria City
    State
    Virginia
    Longitude
    -77.0576
    Latitude
    38.822
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $50,838
    $4,530,000
    $50,000
    $4,580,000
    -
    $4,530,000
    $50,000
    $4,580,000

    Comparable in this City

    • Value Estimation
      $5,665,000
      6,235 SF

      1801 Mt Vernon Ave

      MOTEL • 6,235 SF
      1801 Mt Vernon Ave, Alexandria, VA 22301-1723
      View Details
    • Value Estimation by Request
      15,380 SF

      1704 Mt Vernon Ave

      MOTEL • 15,380 SF
      1704 Mt Vernon Ave, Alexandria, VA 22301-1722
      View Details
    • Value Estimation by Request
      1,260 SF

      2514 Richmond Hwy

      MOTEL • 1,260 SF
      2514 Richmond Hwy, Alexandria, VA 22301-1024
      View Details
    • Value Estimation by Request
      0.86 Acres

      301 Hilltop Ter

      CHARITABLE ORGANIZATION • 0.86 Acres
      301 Hilltop Ter, Alexandria, VA 22301
      View Details
    • Value Estimation by Request
      50,876 SF

      Alexandria, VA 22301

      MINI-WAREHOUSE, STORAGE • 50,876 SF
      Alexandria, VA 22301
      View Details
    • Value Estimation by Request
      7,599 SF

      1502 Mt Vernon Ave

      COMMERCIAL (GENERAL) • 7,599 SF
      1502 Mt Vernon Ave, Alexandria, VA 22301-1718
      View Details

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    Similar Nearby for Lease

    • $3,600 /Mo
      1,377 SF

      Del Ray Townhome with Patio

      Three-bedroom townhome in Del Ray with hardwood floors and patio.
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    • Contact for pricing

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      Prime retail space with prominent exposure and ample parking.
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      View Details
    • Contact for pricing
      3,046 SF

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    • $3,800 /Mo

      Semi-Detached Home in Rosemont

      Three-level home near Metro stops and Old Town's King Street.
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    • Contact for pricing
      5,173 SF

      Del Ray Executive Office Suites

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      View Details
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    Alexandria, VA 22301-1721
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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