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Property profile & analytics
OFF-MARKET
Estimated value
$16,600,000
Office buildings
2230 Gallows Rd Dunn Loring, VA 22027-1101
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1266179
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
STEEL FRAME
Total area
57,687 SF
Lot
2.06 ac (89,832 SF)
Zoning code
C-6(COMMUNITY RETAIL)
APN
039-4-01-0016-C
UPID
US87-1266179
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
$17.92M
Comparable Approach
Comparable
$14.60M
Blend (final)
Blend
$16.60M
Owner & transaction history
Tysons Corner Va III Fgf LLC · 5 yrs held
Tysons Corner Va III Fgf LLC
since 2021
Last sale
$16.8M
3 recorded transactions
Zoning & alternative use
C-6(COMMUNITY RETAIL) · Dunn Loring, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$26.2M
+46.6%
Warehouse, storage
$25.3M
+41.7%
Neighborhood: shopping center
$21.3M
+19.0%
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 Dunn Loring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dunn Loring 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
$16,975,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$19,415,000
6.5%
$17,920,000
7%
$16,640,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$17,875,000
Current use
COMMERCIAL (GENERAL)
$26,205,000
Change: +47% · Conversion: Easy
WAREHOUSE, STORAGE
$25,330,000
Change: +42% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$21,270,000
Change: +19% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$19,620,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$19,260,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$16.60M
Range $14.94M – $18.26M · ±10% · vs last sale $16.75M (Apr 12 2021)
Last sale anchor
$16.75M
Apr 12 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
$288 / 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
$159,775
Tax year 2024
Assessed value
$12,448,400
Assessed 2024
Previous assessed
$14,501,120
-14.2% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,269,110
Assessed improvement
$11,179,290
Land market value
$1,269,110
Improvement market value
$11,179,290
Total market value
$12,448,400
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
OTHER
Cooling
YES
Stories
3
Total area
57,687 SF
Lot
2.06 ac (89,832 SF)
Zoning code
C-6(COMMUNITY RETAIL)
APN
039-4-01-0016-C
UPID
US87-1266179
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-6(COMMUNITY RETAIL) · Dunn Loring, VA
Zoning C-6(COMMUNITY RETAIL) · permitted uses
C-6(COMMUNITY RETAIL) · Dunn Loring, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dunn Loring. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$17.9M
COMMERCIAL (GENERAL)
Est. value
$26.2M
WAREHOUSE, STORAGE
Est. value
$25.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$21.3M
INDUSTRIAL (GENERAL)
Est. value
$19.6M
AUTO REPAIR, GARAGE
Est. value
$19.3M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1987
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
3
Lot
2.06 ac
Current owner
From public records · entity-resolved
Tysons Corner Va III Fgf LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1 N WACKER DR STE #4025, CHICAGO, IL 60606-2844
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2021
$16,750,000
Tysons Corner Va III Fgf LLC
Cedar Hill II LLC
Special Warranty Deed
—
Feb 10, 2005
—
Cedar Hill II LLC
—
Deed Of Trust
related
$8,800,000 · Minnesota Life Insurance Co
—
—
Cedar Hill II LLC
—
Deed Of Trust
related
$11,000,000 · Branch Bk&tr
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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