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Property profile & analytics
OFF-MARKET
Estimated value
$46,430,000
Industrial properties
1780 Business Ctr Dr Reston, VA 20190-5318
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US87-1021282
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Construction
STEEL FRAME
Total area
264,888 SF
Lot
8.58 ac (373,954 SF)
Zoning code
INDUSTRIAL (W/MIX OF INDU
APN
018-3-08-0009-A
UPID
US87-1021282
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
$40.65M
Comparable Approach
Comparable
$30.76M
Blend (final)
Blend
$46.43M
Owner & transaction history
Lemur Properties LLC · 18 yrs held
Lemur Properties LLC
since 2007
2 recorded transactions
Zoning & alternative use
INDUSTRIAL (W/MIX OF INDU · Reston, 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 Reston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reston 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%
$44,040,000
6.5%
$40,650,000
7%
$37,745,000
Blend value · Realmo final
$46.43M
Range $41.79M – $51.07M · ±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
$175 / 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
$1,717,838
Tax year 2024
Assessed value
$123,186,670
Assessed 2024
Previous assessed
$124,090,360
-0.7% YoY
Effective rate
1.39%
On assessed value
Assessed land
$9,410,480
Assessed improvement
$113,776,190
Land market value
$9,410,480
Improvement market value
$113,776,190
Total market value
$123,186,670
Applied tax rate
1.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Construction
STEEL FRAME
Heating
NONE
Stories
3
Total area
264,888 SF
Lot
8.58 ac (373,954 SF)
Zoning code
INDUSTRIAL (W/MIX OF INDU
APN
018-3-08-0009-A
UPID
US87-1021282
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
INDUSTRIAL (W/MIX OF INDU · Reston, VA
Zoning INDUSTRIAL (W/MIX OF INDU · permitted uses
INDUSTRIAL (W/MIX OF INDU · Reston, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Reston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
STEEL FRAME
Heating
NONE
Stories
3
Lot
8.58 ac
Current owner
From public records · entity-resolved
Lemur Properties LLC
Entity
Mailing address
PO BOX 82612, GOLETA, CA 93118-2612
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2007
—
Lemur Properties LLC
—
Deed Of Trust
related
$71,320,000 · Key Bank & Trust
Aug 15, 2006
—
Lemur Properties LLC
—
Deed Of Trust
related
$21,000,000 · Fremont Investment & Loan
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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