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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Office Spaces
209 Church SE St Leesburg, VA 20175-3005
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US87-3446609
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2013
Total area
1,980 SF
Lot
0.12 ac (5,227 SF)
Zoning code
LB:B1
APN
231-28-3794-000
UPID
US87-3446609
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
-
DRP Property Management Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$730k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$982k
Blend (final)
Blend
$710k
Owner & transaction history
Atlas South LLC · 4 yrs held
Atlas South LLC
since 2021
Last sale
$700,000
5 recorded transactions
Zoning & alternative use
LB:B1 · Leesburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$785,000
+29.3%
Warehouse, storage
$665,000
+9.8%
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 Leesburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leesburg 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
$715,000
ML approach
$730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$605,000
Current use
RETAIL STORES
$785,000
Change: +29% · Conversion: Easy
WAREHOUSE, STORAGE
$665,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $700k (Nov 17 2021)
Last sale anchor
$700k
Nov 17 2021
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
$359 / 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
$6,427
Tax year 2024
Assessed value
$743,010
Assessed 2024
Previous assessed
$707,730
+5.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$261,400
Assessed improvement
$481,610
Land market value
$261,400
Improvement market value
$481,610
Total market value
$743,010
Applied tax rate
13.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2013
Heating
BASEBOARD
Cooling
NONE
Stories
1
Rooms
6
Bathrooms
1
Total area
1,980 SF
Lot
0.12 ac (5,227 SF)
Zoning code
LB:B1
APN
231-28-3794-000
UPID
US87-3446609
Jurisdiction
LOUDOUN
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
LB:B1 · Leesburg, VA
Zoning LB:B1 · permitted uses
LB:B1 · Leesburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Leesburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$605,000
RETAIL STORES
Est. value
$785,000
WAREHOUSE, STORAGE
Est. value
$665,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
WAREHOUSE, STORAGE
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
2013
Heating
BASEBOARD
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Atlas South LLC
Entity
Mailing address
209 CHURCH ST SE, LEESBURG, VA 20175-3005
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2021
$700,000
Atlas South LLC
Ftig LLC
Special Warranty Deed
$525,000 · Eaglebank
Aug 7, 2015
$409,000
Ftig LLC
A & W Church Street LLC
Grant Deed
$337,000 · Sonabank NA
Oct 15, 2012
—
A & W Church Street LLC
—
Deed Of Trust
related
$1,946,526 · Bank Of Georgetown
Aug 7, 2012
$560,000
A & W Church Street LLC
Church Street Assoc LLC
Grant Deed
related
—
Jul 8, 2005
$749,900
Church Street Associates LLC
George A Wilson
Warranty Deed
$599,000 · Marshall National B & T
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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