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Property profile & analytics
OFF-MARKET
Estimated value
$13,255,000
Strip malls
2790 Graham Rd Falls Church, VA 22042-1600
Entity Owned
Absentee Owner
Free & Clear
Property ID
US87-1892979
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1969
Construction
CONCRETE BLOCKS
Total area
60,812 SF
Lot
4.94 ac (215,202 SF)
Zoning code
COMM (W/ RES/APT ZONING)
APN
050-1-01-0051-C
UPID
US87-1892979
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
-
Flower Palace (Bike/Boat/Book/etc) Store Florist
-
Redwood Commercial Business Park
-
None Asem Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.47M
Blend (final)
Blend
$13.26M
Owner & transaction history
LEE GRAHAM SHOPPING CTR
LEE GRAHAM SHOPPING CTR
Zoning & alternative use
COMM (W/ RES/APT ZONING) · Falls Church, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Falls Church submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falls Church 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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$20,805,000
Change: -7% · Conversion: Easy
INDUSTRIAL (GENERAL)
$20,685,000
Change: -8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$20,305,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$13.26M
Range $11.93M – $14.58M · ±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
$218 / 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
$118,696
Tax year 2024
Assessed value
$9,112,950
Assessed 2024
Previous assessed
$8,629,380
+5.6% YoY
Effective rate
1.30%
On assessed value
Assessed land
$5,825,660
Assessed improvement
$3,287,290
Land market value
$5,825,660
Improvement market value
$3,287,290
Total market value
$9,112,950
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1969
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
YES
Stories
2
Total area
60,812 SF
Lot
4.94 ac (215,202 SF)
Zoning code
COMM (W/ RES/APT ZONING)
APN
050-1-01-0051-C
UPID
US87-1892979
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
COMM (W/ RES/APT ZONING) · Falls Church, VAZoning COMM (W/ RES/APT ZONING) · permitted uses
COMM (W/ RES/APT ZONING) · Falls Church, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$20.8M
INDUSTRIAL (GENERAL)
Est. value
$20.7M
AUTO REPAIR, GARAGE
Est. value
$20.3M
COMMERCIAL (GENERAL)
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
1969
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
Yes
Stories
2
Lot
4.94 ac
Current owner
From public records · entity-resolved
LEE GRAHAM SHOPPING CTR
Individual
Free & Clear · 0 yrs held
Mailing address
5900 FT DR STE #400, CENTREVILLE, VA 20121-2413
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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