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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Retail space
203 Washington St, Occoquan, VA 22125-7766
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US87-0734923
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1898
Total area
3,526 SF
Lot
0.07 ac (3,193 SF)
Zoning code
GENERAL BUSINESS
APN
8393-74-0326
UPID
US87-0734923
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
$1.11M
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
$866k
Blend (final)
Blend
$1.12M
Owner & transaction history
Wild Three LLC · 3 yrs held
Wild Three LLC
since 2023
Last sale
$1.3M
2 recorded transactions
Zoning & alternative use
GENERAL BUSINESS · Occoquan, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.8M
+74.5%
Neighborhood: shopping center
$1.6M
+54.5%
Office building
$1.4M
+37.7%
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 Occoquan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Occoquan 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
$1,170,000
ML approach
$1,105,000
CAP Approach
CAP Return
Estimation
6%
$1,130,000
6.5%
$1,040,000
7%
$965,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,050,000
Current use
MEDICAL BUILDING
$1,830,000
Change: +75% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,620,000
Change: +55% · Conversion: Moderate
OFFICE BUILDING
$1,445,000
Change: +38% · Conversion: Easy
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±10% · vs last sale $1.25M (Jan 5 2023)
Last sale anchor
$1.25M
Jan 5 2023
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
$316 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,906
Tax year 2023
Assessed value
$471,500
Assessed 2023
Previous assessed
$409,600
+15.1% YoY
Effective rate
1.04%
On assessed value
Assessed land
$140,500
Assessed improvement
$331,000
Land market value
$140,500
Improvement market value
$331,000
Total market value
$471,500
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1898
Heating
NONE
Cooling
YES
Stories
2
Rooms
4
Total area
3,526 SF
Lot
0.07 ac (3,193 SF)
Zoning code
GENERAL BUSINESS
APN
8393-74-0326
UPID
US87-0734923
Jurisdiction
PRINCE WILLIAM
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
GENERAL BUSINESS · Occoquan, VA
Zoning GENERAL BUSINESS · permitted uses
GENERAL BUSINESS · Occoquan, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Occoquan. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.4M
RETAIL STORES Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1898
Heating
NONE
Cooling
Yes
Stories
2
Rooms
4
Lot
0.07 ac
Current owner
From public records · entity-resolved
Wild Three LLC
Entity
Mailing address
10615 HUNTING SHIRE LN, FAIRFAX STATION, VA 22039-2210
Ownership since
2023
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
Jan 5, 2023
$1,250,000
Wild Three LLC
Fox Run LLC
Special Warranty Deed
$637,500 · United Bank
Jan 5, 2023
—
Wild Three LLC
—
Deed
related
$524,000 · Rappahannock Economic Development Corpor
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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