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Property profile & analytics
OFF-MARKET
Estimated value
$2,215,000
Warehouses
308 Calvert Ave Alexandria, VA 22301-1007
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US87-0051787
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1934
Total area
4,708 SF
Lot
0.19 ac (8,276 SF)
Zoning code
I - INDUSTRIAL ZONE
APN
14094000
UPID
US87-0051787
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
-
Green Pest Services Garden Center
-
Run My Dog and DogWalkingAlexandria Dog Walker
-
Landed Landscaping General Contractor
-
AR1 Group Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.13M
Blend (final)
Blend
$2.22M
Owner & transaction history
Gorski Commercial LLC · 4 yrs held
Gorski Commercial LLC
since 2022
Last sale
$2.3M
6 recorded transactions
Zoning & alternative use
I - INDUSTRIAL ZONE · Alexandria, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.6M
+65.7%
Retail stores
$2.5M
+53.6%
Office building
$1.6M
+2.2%
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
$2,110,000
ML approach
$2,230,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,600,000
Current use
COMMERCIAL (GENERAL)
$2,645,000
Change: +66% · Conversion: Difficult
RETAIL STORES
$2,455,000
Change: +54% · Conversion: Moderate
OFFICE BUILDING
$1,635,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$2.22M
Range $1.99M – $2.44M · ±10% · vs last sale $2.30M (Apr 29 2022)
Last sale anchor
$2.30M
Apr 29 2022
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
$470 / 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
$16,901
Tax year 2023
Assessed value
$1,522,605
Assessed 2023
Previous assessed
$1,478,257
+3.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$964,816
Assessed improvement
$557,789
Land market value
$964,816
Improvement market value
$557,789
Total market value
$1,522,605
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1934
Heating
OTHER
Cooling
OTHER
Stories
3
Total area
4,708 SF
Lot
0.19 ac (8,276 SF)
Zoning code
I - INDUSTRIAL ZONE
APN
14094000
UPID
US87-0051787
Jurisdiction
ALEXANDRIA CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
I - INDUSTRIAL ZONE · Alexandria, VA
Zoning I - INDUSTRIAL ZONE · permitted uses
I - INDUSTRIAL 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
WAREHOUSE, STORAGE Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$2.6M
RETAIL STORES
Est. value
$2.5M
OFFICE BUILDING
Est. value
$1.6M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
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
1934
Heating
OTHER
Cooling
Yes
Stories
3
Lot
0.19 ac
Current owner
From public records · entity-resolved
Gorski Commercial LLC
Entity
Mailing address
308 CALVERT AVE, ALEXANDRIA, VA 22301-1007
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2022
$2,300,000
Gorski Commercial LLC
Potomac West Management LLC
Warranty Deed
$2,898,500 · John Marshall Bank
Jul 31, 2015
$1,075,000
Gorski Commercial LLC
Braswell,harry A & Sue B
Warranty Deed
$550,000 · John Marshall Bk
Mar 16, 2006
$1,250,000
Harry A Braswell
Calvert Avenue LLC
Grant Deed
related
$662,500 · Burke & Herbert Bank & Trust
Mar 16, 2006
—
Calvert Avenue LLC
Hauter,wayne & Deborah
Grant Deed
related
—
—
—
Harry A Braswell
—
Deed Of Trust
related
$548,000 · Business Finance Group INC
—
—
Harry A Braswell
—
Loan Modification
related
$571,364 · 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.
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