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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Office Spaces
2972 Chain Brg Rd Ste A Oakton, VA 22124-3000
Trust Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-3757198
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1985
Construction
CONCRETE BLOCKS
Total area
2,535 SF
Zoning code
COMM (W/MIX OF COMM ZONIN
APN
047-2-30-A
UPID
US87-3757198
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
$785k
Comparable Approach
Comparable
$639k
Blend (final)
Blend
$710k
Owner & transaction history
Lightfoot,william I Living Trust · 12 yrs held
Lightfoot,william I Living Trust
since 2014
1 recorded transaction
Zoning & alternative use
COMM (W/MIX OF COMM ZONIN · Oakton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+46.6%
Warehouse, storage
$1.1M
+41.7%
Neighborhood: shopping center
$935,000
+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 Oakton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakton 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%
$855,000
6.5%
$785,000
7%
$730,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$785,000
Current use
COMMERCIAL (GENERAL)
$1,150,000
Change: +47% · Conversion: Easy
WAREHOUSE, STORAGE
$1,115,000
Change: +42% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$935,000
Change: +19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$845,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$280 / 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
$8,948
Tax year 2024
Assessed value
$697,130
Assessed 2024
Previous assessed
$722,480
-3.5% YoY
Effective rate
1.28%
On assessed value
Assessed land
$139,430
Assessed improvement
$557,700
Land market value
$139,430
Improvement market value
$557,700
Total market value
$697,130
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1985
Construction
CONCRETE BLOCKS
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
2,535 SF
Zoning code
COMM (W/MIX OF COMM ZONIN
APN
047-2-30-A
UPID
US87-3757198
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
COMM (W/MIX OF COMM ZONIN · Oakton, VAZoning COMM (W/MIX OF COMM ZONIN · permitted uses
COMM (W/MIX OF COMM ZONIN · Oakton, 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
OFFICE BUILDING Current
Est. value
$785,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$935,000
AUTO REPAIR, GARAGE
Est. value
$845,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1985
Construction
CONCRETE BLOCKS
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Lightfoot,william I Living Trust
Trust
Free & Clear · 12 yrs held
Mailing address
2237 HUNTER ML RD, VIENNA, VA 22181-3026
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2014
—
Lightfoot,william I Living Trust
Lightfoot Family Trust
Quit Claim Deed
related
—
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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