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    215 Maple Ave West Vienna, VA 22180
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    215 Maple Ave West Vienna, VA 22180

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    • Retail space
    • 12,191 SF
    • 0.97 lot acres
    For Lease
    View Listing →
    215 Maple Avenue West, Vienna, VA 22180 For Lease
    Contact for pricing

    215 Maple Avenue West, Vienna, VA 22180

    Strategically located retail space in Vienna's dominant retail corridor.

    215 Maple Ave West, Vienna, VA 22180
    View Listing
    Property ID
    US87-0798487
    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.
    Value Estimations
    $860,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dollar Tree / Discount Store
    • Uma Rani Chintakindi, RPH / Pharmacy
    • Deepika Duggineni / Pharmacy

    Property Details for 215 Maple Ave West

    Year built
    1978
    Construction
    FRAME
    Lot size
    0.97 lot acres
    Property size
    12,191 SF
    Zone code
    C-1A(SPECIAL COMMERCIAL)
    Property type
    Retail space
    APN
    038-4-02-0012
    APU
    384020012

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $680,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,045,000
      Market price range: $308k - $1.10M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $660,000
      Current use
      RESTAURANT
      $1,425,000
      Change: +116% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,295,000
      Change: +96% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $730,000
      Change: +10% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Vienna
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.2683
    Latitude
    38.8997
    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
    2024
    $93,692
    $2,610,260
    $4,689,450
    $7,299,710
    -
    $2,610,260
    $4,689,450
    $7,299,710

    Comparable in this City

    • Value Estimation by Request
      12,280 SF

      107 Church NE St

      RETAIL STORES (PERSONAL SERVICES) • 12,280 SF
      107 Church NE St, Vienna, VA 22180-4503
      View Details
    • Value Estimation by Request
      4,400 SF

      328 Maple E Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,400 SF
      328 Maple E Ave, Vienna, VA 22180-4716
      View Details
    • Value Estimation by Request
      5,352 SF

      112 Pleasant SW St

      RETAIL STORES (PERSONAL SERVICES) • 5,352 SF
      112 Pleasant SW St, Vienna, VA 22180-5609
      View Details
    • Value Estimation by Request
      9,962 SF

      171 Maple W Ave

      RETAIL STORES (PERSONAL SERVICES) • 9,962 SF
      171 Maple W Ave, Vienna, VA 22180-5728
      View Details
    • Value Estimation
      $10,470,000
      4,567 SF

      128th Church NW St

      RETAIL STORES (PERSONAL SERVICES) • 4,567 SF
      128th Church NW St, Vienna, VA 22180-4507
      View Details
    • Value Estimation by Request
      9,600 SF

      109 Church NE St

      RETAIL STORES (PERSONAL SERVICES) • 9,600 SF
      109 Church NE St, Vienna, VA 22180-4503
      View Details

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      1,500 SF

      Versatile Vienna Commercial Space

      Adaptable space suitable for office, retail, or medical use.
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      Commercial Property for Sale

      Commercial property available for sale.
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    Similar Nearby for Lease

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      1,400 SF

      Retail Space Near High-Traffic Grocer

      Retail space with affluent customer base and high foot traffic.
      311-359 Maple Ave E, Vienna, VA 22180
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      Retail Space on Maple Avenue

      8,777 SF retail space for lease with high visibility.
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      2,700 SF

      Prime Retail Space in Vienna

      Neighborhood center in Vienna's retail corridor with ample parking.
      180 W Maple Ave, Vienna, VA 22180
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      1,323 SF

      Vienna Retail Space For Lease

      1,323 SF retail space available with strong traffic.
      103-107 Center St N, Vienna, VA 22180
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      Retail Suites in Village Green

      Move-in ready retail suites with conversion potential in Vienna, VA.
      513 Maple Ave W, Vienna, VA 22180
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      Retail Space Available For Rent

      Retail spaces available, ranging from 2,100 to 2,460 SqFt.
      126 Maple Ave E, Vienna, VA 22180
      View Details
    View Listing
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    215 Maple Ave West
    Vienna, VA 22180
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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