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Property profile & analytics
FOR LEASE
Office buildings
1850 Towers Crescent Plz Vienna, VA 22182
Entity Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1986005
For Lease
1 / 2
Contact for pricing
1850 Towers Crescent Plz, Vienna, VA 22182
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
305,250 SF
Lot
2.93 ac (127,571 SF)
Zoning code
PDC(COM/INDUST/RETAIL)
APN
039-2-29-0001-G
UPID
US87-1986005
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
-
Venable LLP Law Firm
-
Towers Crescent Conference Center Conference Center Trade Show Venue
-
Hughes Law PLC Law Firm
-
aXseum, Inc. (Bike/Boat/Book/etc) Store Corporate Office
-
Thip Zimmerman Wealth Advisory of Raymond James Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$45.74M
Blend (final)
Blend
$46.74M
Owner & transaction history
1850 Tc Plaza LLC · 17 yrs held
1850 Tc Plaza LLC
since 2008
3 recorded transactions
Zoning & alternative use
PDC(COM/INDUST/RETAIL) · Vienna, VA
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 Vienna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vienna 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
Blend value · Realmo final
$46.74M
Range $42.06M – $51.41M · ±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
$153 / 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
$1,314,296
Tax year 2024
Assessed value
$92,328,480
Assessed 2024
Previous assessed
$106,843,630
-13.6% YoY
Effective rate
1.42%
On assessed value
Assessed land
$12,804,750
Assessed improvement
$79,523,730
Land market value
$12,804,750
Improvement market value
$79,523,730
Total market value
$92,328,480
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
For Lease
Heating
NONE
Stories
13
Total area
305,250 SF
Lot
2.93 ac (127,571 SF)
Zoning code
PDC(COM/INDUST/RETAIL)
APN
039-2-29-0001-G
UPID
US87-1986005
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PDC(COM/INDUST/RETAIL) · Vienna, VAZoning PDC(COM/INDUST/RETAIL) · permitted uses
PDC(COM/INDUST/RETAIL) · Vienna, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
ch 18 zoning 2023
Building & site characteristics
From public records
Heating
NONE
Stories
13
Lot
2.93 ac
Current owner
From public records · entity-resolved
1850 Tc Plaza LLC
Entity
Free & Clear · 17 yrs held
Mailing address
2 SEAPORT LN, BOSTON, MA 02210-2001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
Dec 12, 2008
—
1850 Tc Plaza LLC
Towers Crescent Land LLC
Grant Deed
related
—
—
—
1850 Tc Plaza LLC
—
Deed Of Trust
related
$90,000,000 · Pnc Bk
—
—
1850 Tc Plaza LLC
—
Deed Of Trust
related
$51,600,000 · Td Bk NA
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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