Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,435,000
Car washes
2903 Mt Vernon Ave Alexandria, VA 22305
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US87-0717544
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1947
Total area
1,950 SF
Lot
0.24 ac (10,454 SF)
Zoning code
CL - COMMERCIAL LOW ZONE
APN
13983000
UPID
US87-0717544
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
$3.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.44M
Owner & transaction history
Hazelpop LLC · 2 yrs held
Hazelpop LLC
since 2023
Last sale
$3.4M
4 recorded transactions
Zoning & alternative use
CL - COMMERCIAL LOW ZONE · Alexandria, 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 Alexandria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alexandria 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
$3,510,000
ML approach
$3,530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.44M
Range $3.09M – $3.78M · ±10% · vs last sale $3.35M (Sep 8 2023)
Last sale anchor
$3.35M
Sep 8 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
$1,762 / 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
$15,437
Tax year 2023
Assessed value
$1,390,720
Assessed 2023
Previous assessed
$1,390,720
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,055,904
Assessed improvement
$334,816
Land market value
$1,055,904
Improvement market value
$334,816
Total market value
$1,390,720
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1947
Heating
OTHER
Cooling
OTHER
Stories
1
Bathrooms
2
Total area
1,950 SF
Lot
0.24 ac (10,454 SF)
Zoning code
CL - COMMERCIAL LOW ZONE
APN
13983000
UPID
US87-0717544
Jurisdiction
ALEXANDRIA CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CL - COMMERCIAL LOW ZONE · Alexandria, VA
Zoning CL - COMMERCIAL LOW ZONE · permitted uses
CL - COMMERCIAL LOW ZONE · Alexandria, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alexandria. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Heating
OTHER
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Hazelpop LLC
Entity
Mailing address
4371 CHERRY HL RD APT #403, ARLINGTON, VA 22207-3251
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2023
$3,350,000
Hazelpop LLC
De 2903 Mt Vernon And 104 Hume LLC
Special Warranty Deed
$2,320,388 · M&t Bank
Sep 8, 2023
—
Hazelpop LLC
—
Deed
related
$1,856,309 · M&t Bank
Oct 12, 2017
$1,600,000
De 2903 Mt Vernon & 104 Hume L
2903 Mt Vernon Ave LLC
Grant Deed
—
Jul 7, 2005
$1,200,000
Julie F Wadler
Anthony,vassill & Christine M
Warranty Deed
related
$960,000 · Wachovia Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2903 Mt Vernon Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
