Back to Search
Property profile & analytics
FOR SALE
Commercial real estate
300 N Patrick St Alexandria, VA 22314
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US87-0868161
For Sale
1 / 7
$1,395,000
300 N Patrick St, Alexandria, VA 22314
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1940
Total area
3,226 SF
Lot
0.03 ac (1,307 SF)
Zoning code
CL - COMMERCIAL LOW ZONE
APN
10884500
UPID
US87-0868161
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
-
Katie Cosmetic Tattoo Medical Clinic Skin Care Clinic
-
Citrus Club Cosmetics Medical Clinic Skin Care Clinic
-
Little Ferns Cosmetics - Permanent Makeup and Cosmetic Tattooing Spa & Massage Center Alternative Medicine Practice
-
Flora Ink LLC Medical Clinic Skin Care Clinic
-
Yeksenia Santos Cosmetic Tattoo Artistry Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
$865k
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.32M
Owner & transaction history
Inspeario Alexandria LLC · 3 yrs held
Inspeario Alexandria LLC
since 2023
Last sale
$1.3M
7 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
$1,360,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
$940,000
6.5%
$865,000
7%
$805,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,890,000
Current use
RETAIL STORES
$1,680,000
Change: -11% · Conversion: Easy
OFFICE BUILDING
$1,520,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$1.32M
Range $1.18M – $1.45M · ±10% · vs last sale $1.30M (Mar 30 2023)
Last sale anchor
$1.30M
Mar 30 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
$408 / 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
$8,901
Tax year 2023
Assessed value
$1,005,693
Assessed 2023
Previous assessed
$770,355
+30.5% YoY
Effective rate
0.89%
On assessed value
Assessed land
$410,693
Assessed improvement
$595,000
Land market value
$410,693
Improvement market value
$595,000
Total market value
$1,005,693
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1940
Heating
OTHER
Cooling
OTHER
Stories
2
Total area
3,226 SF
Lot
0.03 ac (1,307 SF)
Zoning code
CL - COMMERCIAL LOW ZONE
APN
10884500
UPID
US87-0868161
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.9M
RETAIL STORES
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
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
1940
Heating
OTHER
Cooling
Yes
Stories
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
Inspeario Alexandria LLC
Entity
Mailing address
400 WOODLAND TER, ALEXANDRIA, VA 22302-3315
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2023
$1,300,000
Inspeario Alexandria LLC
Ceb LLC
Warranty Deed
$800,000 · M&t Bank
Apr 7, 2015
—
Edward V Jordan
Jlp Oneal LLC
Quit Claim Deed
related
—
Jun 11, 2007
—
Jlp Oneal LLC
Jordan,edward V & Jacqueline I
Grant Deed
related
$200,000 · Burke & Herbert Bank & Trust
Jun 24, 2005
—
Edward V Jordan
Jordan
Quit Claim Deed
related
—
—
—
Jordan,edward V Living Trust
—
Loan Modification
related
$350,000 · Burke & Herbert Bk&tr
—
—
Jlp Oneal LLC
—
Deed Of Trust
related
$100,000 · Burke & Herbert Bank & Trust
—
—
Jlp Oneal LLC
—
Loan Modification
related
$350,000 · Burke & Herbert Bank & Trust
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?”
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.
