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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Car washes
311 Henry St Alexandria, VA 22314-2438
Entity Owned
9-yr Hold
Free & Clear
Property ID
US87-1271714
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1985
Total area
3,912 SF
Lot
0.28 ac (12,197 SF)
Zoning code
CL - COMMERCIAL LOW ZONE
APN
50463800
UPID
US87-1271714
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
-
Japanese Auto City Auto Repair Shop Vehicle Inspection Center
-
JM Electronics LLC Electronics & Wireless Store Auto Parts Store
-
Prime Auto Care Inc Auto Repair Shop
-
Montana Capital Car Title Loans Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$752k
Blend (final)
Blend
$590k
Owner & transaction history
N Henry Street Holdings LLC · 9 yrs held
N Henry Street Holdings LLC
since 2017
5 recorded transactions
Zoning & alternative use
CL - COMMERCIAL LOW ZONE · Alexandria, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$890,000
+19.1%
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
by Request
ML approach
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$745,000
Current use
RETAIL STORES
$890,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$660,000
Change: -12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$635,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$151 / 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
$17,956
Tax year 2023
Assessed value
$1,617,687
Assessed 2023
Previous assessed
$1,540,654
+5.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,549,437
Assessed improvement
$68,250
Land market value
$1,549,437
Improvement market value
$68,250
Total market value
$1,617,687
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1985
Heating
SPACE
Cooling
CENTRAL
Stories
2
Total area
3,912 SF
Lot
0.28 ac (12,197 SF)
Zoning code
CL - COMMERCIAL LOW ZONE
APN
50463800
UPID
US87-1271714
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
AUTO REPAIR, GARAGE Current
Est. value
$745,000
RETAIL STORES
Est. value
$890,000
OFFICE BUILDING
Est. value
$660,000
COMMERCIAL (GENERAL)
Est. value
$635,000
AUTO REPAIR, GARAGE Current
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
Heating
SPACE
Cooling
Yes
Stories
2
Lot
0.28 ac
Current owner
From public records · entity-resolved
N Henry Street Holdings LLC
Entity
Free & Clear · 9 yrs held
Mailing address
3800 CHELSEA CT, ALEXANDRIA, VA 22304-1847
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2017
—
N Henry Street Holdings LLC
Meushaw Arthur C III Trust
Grant Deed
—
Feb 8, 2012
—
Meushaw Carey L
Meushaw Dev Co INC
Quit Claim Deed
related
$300,000 · Burke & Herbert Bank & Trust
Oct 16, 1997
$329,900
Neeraj K Vohra
Old Town Village LP
Grant Deed
related
$263,900 · George Mason Mtg
—
—
Meushaw Dev Co INC
—
Deed Of Trust
related
$120,000 · Gw Investments INC
—
—
N Henry Street Holdings LLC
—
Deed Of Trust
related
$270,000 · Burke & Herbert Bk&tr
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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