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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Warehouses
3328 Catlett Rd Catlett, VA 20119-2005
Individually Owned
10-yr Hold
Property ID
US87-1130609
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1968
Total area
6,200 SF
Lot
9.26 ac (403,409 SF)
Zoning code
RES 1 DWELL/AC
APN
7922-96-4463
UPID
US87-1130609
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
-
MANASSAS SPRING & ALIGNMENT Auto Repair Shop
-
Gainesville Topsoil & Excavation, INC. Agricultural Supply Garden Center
-
Truck Services LLC Auto Repair Shop
-
Rc Hawkins Construction Construction Company General Contractor
-
CN Truck Driving School Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$937k
Blend (final)
Blend
$970k
Owner & transaction history
Michael S Hawkins · 10 yrs held
Michael S Hawkins
since 2015
4 recorded transactions
Zoning & alternative use
RES 1 DWELL/AC · Catlett, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$930,000
+52.7%
Medical building
$880,000
+45.0%
Commercial (general)
$795,000
+30.4%
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 Catlett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Catlett 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%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$610,000
Current use
OFFICE BUILDING
$930,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$880,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$795,000
Change: +30% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$715,000
Change: +17% · Conversion: Moderate
RETAIL STORES
$615,000
Change: +1% · Conversion: Moderate
RESTAURANT
$595,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±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
$156 / 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
$10,187
Tax year 2024
Assessed value
$946,500
Assessed 2024
Previous assessed
$946,500
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$365,200
Assessed improvement
$581,300
Land market value
$365,200
Improvement market value
$581,300
Total market value
$946,500
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1968
Heating
SPACE
Cooling
YES
Buildings
4
Stories
1
Bathrooms
1
Total area
6,200 SF
Lot
9.26 ac (403,409 SF)
Zoning code
RES 1 DWELL/AC
APN
7922-96-4463
UPID
US87-1130609
Jurisdiction
FAUQUIER
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RES 1 DWELL/AC · Catlett, VA
Zoning RES 1 DWELL/AC · permitted uses
RES 1 DWELL/AC · Catlett, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Catlett. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$610,000
OFFICE BUILDING
Est. value
$930,000
MEDICAL BUILDING
Est. value
$880,000
COMMERCIAL (GENERAL)
Est. value
$795,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$715,000
RETAIL STORES
Est. value
$615,000
RESTAURANT
Est. value
$595,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
RESTAURANT
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
1968
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
1
Lot
9.26 ac
Current owner
From public records · entity-resolved
Michael S Hawkins
Individual
Mailing address
7130 ROGUES RD, NOKESVILLE, VA 20181-5821
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2015
$1,450,000
Michael S Hawkins
Hawnkins Raymond C Trust II
Grant Deed
$950,000 · Private Individual
Sep 17, 2015
—
Michael Hawkins
Hawkins Raymond C Trust
Quit Claim Deed
related
—
Feb 14, 2006
—
Hawkins Michael S Trust
Hawkins Raymond C Trust
Quit Claim Deed
related
—
Feb 3, 2006
—
Hawkins Raymond C Trust
Hawkins,raymond C
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.
Try Rey
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