Back to Search
Property profile & analytics
FOR LEASE
Medical Office Space
3299 Woodburn Rd Annandale, VA 22003
Entity Owned
~
Est. High Equity
Property ID
US87-0817862
For Lease
1 / 5
$22,150,000
3299 Woodburn Rd, Annandale, VA 22003
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1984
Construction
STEEL FRAME
Total area
80,108 SF
Lot
3.15 ac (137,234 SF)
Zoning code
C-2(LIMITED OFFICE)
APN
059-2-01-0007-C
UPID
US87-0817862
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
-
Bonilla Dental Arts Dental Office Physician
-
Smilescrafters of Annandale Dental Office
-
G. Wesley Price, MD, FACS Physician Medical Clinic
-
Samir S. Rao, MD Spa & Massage Center Alternative Medicine Practice
-
James H. French Jr., MD, FACS Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$22.46M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.15M
Owner & transaction history
Annandale 3299 Mp Rk7 LLC
Annandale 3299 Mp Rk7 LLC
since 2025
Last sale
$22.0M
5 recorded transactions
Zoning & alternative use
C-2(LIMITED OFFICE) · Annandale, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$17.0M
+450.4%
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 Annandale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Annandale 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%
$24,330,000
6.5%
$22,455,000
7%
$20,855,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$16,965,000
Change: +450% · Conversion: Easy
Blend value · Realmo final
$22.15M
Range $19.94M – $24.37M · ±10% · vs last sale $22.00M (May 5 2025)
Last sale anchor
$22.00M
May 5 2025
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
$277 / 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
$159,989
Tax year 2024
Assessed value
$12,465,030
Assessed 2024
Previous assessed
$20,483,770
-39.1% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,192,400
Assessed improvement
$10,272,630
Land market value
$2,192,400
Improvement market value
$10,272,630
Total market value
$12,465,030
Applied tax rate
5.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1984
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
4
Total area
80,108 SF
Lot
3.15 ac (137,234 SF)
Zoning code
C-2(LIMITED OFFICE)
APN
059-2-01-0007-C
UPID
US87-0817862
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-2(LIMITED OFFICE) · Annandale, VA
Zoning C-2(LIMITED OFFICE) · permitted uses
C-2(LIMITED OFFICE) · Annandale, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Annandale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$17.0M
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
1984
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
4
Lot
3.15 ac
Current owner
From public records · entity-resolved
Annandale 3299 Mp Rk7 LLC
Entity
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Aug 29, 2025
—
Annandale 3299 Mp Rk7 LLC
—
Deed
related
$141,770,370 · Capital One NA
Aug 5, 2025
$22,000,000
Annandale 3299 Mp Rk7 LLC
Hsre Capmed Woodburn I
Special Warranty Deed
—
Nov 14, 2023
—
Hsre Capmed Woodburn I LLC
—
Deed
related
$125,900,000 · Thorofare Asset Based Lending Reit Fund
Jan 27, 2014
$34,567,944
Hsre-capmed Woodburn I LLC
Writ LP
Trustees Deed
$13,843,309 · John Hancock Life Insurance Co
—
—
Hsre-capmed Woodburn I LLC
—
Loan Modification
related
$18,996,237 · John Hancock Life Insurance Co
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.
